We’re happy to welcome Seth Piccirillo to the Partnership team as our new Senior Manager of Economic Development! Learn a little bit more about Seth in this brief Q&A.
Last year, Buffalo did not make it into the CBRE’s top 50 cities for technology talent. While not in the top 50, Buffalo did make it in to CBRE’s The Next 25 Markets in the tech talent report. Tech talent has long been concentrated in major cities, but high operating costs and shrinking availability of tech talent has spurred a spillover of hiring momentum in smaller and upstart markets in the U.S..
The federal Opportunity Zone program represents one of the most comprehensive place-based economic and community development initiatives in decades. Passed as part of the Tax Cuts and Jobs Act of 2017, the program has the potential to unleash trillions of dollars in unrealized capital gains into underdeveloped census tracts nationwide.
With two seats on the Erie County Industrial Development Agency (ECIDA) board of directors, the Buffalo Niagara Partnership provides the lone and important private sector voice on the issues affecting development and job growth in the region.
Buffalo’s revitalization isn’t just happening within city limits. Communities throughout the region are using economic development tools to their benefit.
The Buffalo Niagara Partnership’s publication series Metro 50 Buffalo Niagara is a factsheet-style resource that evaluates Buffalo Niagara’s performance in topical areas related to economic development. Metro 50 takes a look at the progress of other peer metros – regions similar to ours in population, resources and economic challenges – and compares their progress to our own. This gives context to the performance of Buffalo Niagara and offers us the opportunity to learn from their best practices.
Harmac Medical Products, a contract manufacturer of single-use medical devices, employs over 400 people in a neighborhood on Buffalo’s east side. Harmac is a member of the Buffalo Niagara Partnership, and CEO John Somers sits on our board of directors. Recently, John spoke at our Maximizing the Value of Diversity & Inclusion event about the importance of community in attracting and retaining a dedicated workforce.
The bi-national region encompassing BuffaloNiagara, Hamilton, and Greater Niagara has a population of over 3 million. Our location is one of our greatest assets – it provides businesses with the opportunity to expand seamlessly into new markets. Encouraging cross-border trade is crucial to growing the economy in our bi-national region. To fully capitalize on our potential as a region, we must grow together.
It’s no secret – New York’s power grid is old. Over 80% of New York’s high-voltage transmission lines went into service before 1980. As outlined in our 2018 Advocacy Agenda, the Buffalo Niagara Partnership supports upgrading New York’s aging power grid and investing in energy infrastructure to help meet our economic goals. As the economic landscape of the Buffalo Niagara region continues to evolve, the importance of affordable, reliable energy remains a constant necessity – which depends, in large part, on the state of our energy grid.
This week, the Buffalo Niagara Partnership released a report that takes a closer look at the impact of Buffalo’s renaissance on the downtown housing market. Downtown Buffalo: Looking Ahead with a Clearer View also highlights the success of several economic development programs, including the Buffalo Building Reuse Project (BBRP). The goal of this report is to stimulate conversation and action that will keep Buffalo growing.