Newsday: “Report envisions modernizing Hauppauge Industrial Park”
A study suggests that new amenities and housing can make the park more attractive to businesses and potential employees.
Read the full Newsday Long Island article by By Nicholas Spangler below:
“A report on the future of Hauppauge Industrial Park, scheduled to be released Wednesday, calls for the park to position itself as a regional economic hub, target tenants from key industries and create an environment that helps them attract and keep workers.
The report gives the first comprehensive picture of a quiet juggernaut whose 1,350 businesses and 55,000 jobs produce $13 billion in goods and services yearly, with $806 million in income taxes and landlords who pay tens of millions of dollars more in property taxes to local governments, advocates said. That data that can be used to lure government funding and tenants from other regions, they said.
“It’s a real jewel,” said Terri Alessi-Miceli, CEO of HIA-LI, the association that represents businesses in the park and its supporters.”