economic development

New York State

The Western New York Regional Economic Development Council sent its wish list to Albany Tuesday.


WBFO File Photo

Erie County's economy continues to grow. Just last week, a financial services firm announced plans to locate in Amherst, bringing 1,500 jobs to the region. County Executive Mark Poloncarz says he wants to continue that momentum with a plan he's calling "Initiatives for a Smart Economy 2.0."

One of the top issues remaining before the state Legislature adjourns for the summer is fixing problems in the state’s economic development contracts. That’s after a scandal led to federal corruption charges against nine former associates of Gov. Andrew Cuomo.


WBFO's Mike Desmond

An offshoot of the fight over Ciminelli Real Estate's shrinking plan for developments around Elmwood and Bidwell spilled over into some shouting and screaming during Thursday's Preservation Board meeting.

New York State

Governor Andrew Cuomo wants to tweak one of his signature economic development programs.

WBFO News File Photo

Gov. Andrew Cuomo had harsh words for the state’s comptroller, a fellow Democrat, over questions about the value of the state’s economic development programs.  


University of Rochester

With the discussion surrounding a federal probe of contracts connected to the Buffalo Billion, there are concerns about possible effects on any related economic development projects throughout the upstate New York area.


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New York state, under Gov. Andrew Cuomo, has broken with past practice in trying to revitalize the upstate economy. A key part of that strategy involves shifting power for making deals and managing projects from state agencies to private nonprofits. Some of those deals are now part of an expanding federal investigation.


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New York State has invested more than $2 billion across upstate to revitalize economies up and down the Thruway. Gov. Andrew Cuomo says these projects will be transformative, but they carry big risks, as well as potential rewards.


Trautman Associates

The former Freezer Queen building on Buffalo's Outer Harbor that was going to be converted into luxury apartments, will instead be demolished to make way for a new 23-story high rise if  revised plans by developer Gerry Buchheit are approved.


Mike Desmond/wbfo news

Bethlehem Steel may have closed its Lackawanna plant 33-years ago, but the city and Albany are still groping for a way to clean and develop the site.


Google Maps

The city of Buffalo Planning  Board has given its approval for a warehouse that will supply materials to SolarCity.


WBFO News file photo

Though New York’s next gubernatorial election is more than three years away, 2010 republican candidate and Buffalo Public Schools Board Member Carl Paladino may be laying the groundwork for a second run.

Jonny Moran

Ride-sharing may finally be on its way back to upstate New York, at least according to an official from a high-profile passenger service.

The numbers reflect the optimistic chatter regarding the region's economic revival. According to Business First's Jim Fink, the value of local development projects has risen 37 percent in a year to $19.5 billion.


New York State

The state’s chief fiscal watchdog is hoping Governor Andrew Cuomo will sign a bill that increases the monitoring of industrial development agencies, ensuring that companies receiving tax breaks live up to job-creation promises.

Clinton Global Initiative (@ClintonGlobal) / Twitter

Global leaders and their solutions for world problems could make their way to Western New York in the future if Lt. Gov. Kathy Hochul gets her wish. Hochul visited the Clinton Global Initiative in Denver last week where she spoke on a panel about Comeback Cities.

Developers applaud budget's brownfield distinctions

Apr 2, 2015

Local developers are breathing a sigh of relief with the knowledge that new restrictions for brownfield development funding will apply only to the metro New York City area.

WBFO News file photo

Research on a proposal for universal healthcare in New York says the benefits of a single-payer insurance system would reach beyond the economy. Advocates and opponents of the bill agree on that that note, but in very different ways.

Erie County Legislature

The first phase of a plan to redevelop a one-mile stretch of Seneca Street is being launched as local leaders aim to make the long-neglected commercial strip a "small downtown."

Town of Orchard Park

Tailgaters, taxpayers and many southtowns merchants could be the big losers if a new football stadium is built in downtown Buffalo, according to Orchard Park's top elected official.

Ashley Hirtzel / WBFO News

A new study was released Monday to steer developers to historic buildings ready for re-purposing in downtown Buffalo. The ‘Preservation Ready Survey’ is expected to make it easier for developers to see which buildings are eligible for historic preservation tax credits and incentives.

The state has awarded the Western New York Regional Economic Development Council $60.8 million. The latest round of funding will come in the form of grants and tax breaks to spur growth.

Mike Desmond/WBFO News

The annual wish list for the region from the Buffalo Niagara Partnership is out and it's heavy on legal and regulatory changes rather than high-cost economic development projects.

Mike Desmond/WBFO News

Six years ago, the Ford Stamping Plant in Hamburg almost closed. Thursday, Governor Cuomo and company and union officials were at the plant to say it will be expanding and adding workers.

Chris Caya/WBFO News

The positive spin-off from Canalside is continuing. Ground was broken Wednesday on a project designed to revitalize Ohio Street between Buffalo's Inner and Outer Harbors.

Ashley Hirtzel / WBFO News

Several SUNY leaders and business experts participated in the WNY Regional Summit on Higher Education and Economic Development Friday.

Yahoo! proceeds with Lockport expansion

Oct 11, 2013
The Last Paladin / Some Rights Reserved

Internet giant Yahoo! is moving ahead with its expansion in Lockport. The company’s plans for a second data center in western New York were released back in March, but only received official approval recently.

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The latest report from the group charged with jumpstarting the local economy shows the millions of dollars invested by the state is having a positive effect.

Uniland Development Company

A western New York development company unveiled its plans to build a new innovative office space in downtown Buffalo when completed the structure is expected to compare to Google and Yahoo’s office buildings.

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