A new task force at HIA-LI is set to implement an action plan to optimize the long-term economic impact of the 1,400-acre Long Island Innovation Park at Hauppauge (up until recently was called the Hauppauge Industrial Park).
The action plan is based on the recommendations of the 160-page opportunity analysis by the Suffolk County IDA and Regional Plan Association that was released earlier this year. Leading the analysis was James Lima of James Lima Planning + Development, a New York City-based planning firm whose client list includes Facebook, several agencies for the City of New York, the University of Tennessee and other villages, cities and foundations.
A 41-year-old organization, the HIA-LI serves as the voice of the industrial park, where 55,000 people are employed. The park delivers $13 billion in annual output, according to the HIA-LI.
The report’s findings show that the park is the “undisputed anchor of Long Island’s ‘tradable’ economy,’” which brings “new dollars and commerce into the region,” according to a press release about the new task force.
Read the rest of the article click here. For more details on the Innovation Park Opportunity Analysis and plans for growth, read the complete opportunity analysis click here.