[CPEO-BIF] "New York [Brownfield Cleanup Program] Spurs Manufacturing Investments"

[Lenny Siegel <lsiegel@cpeo.org>]

New York BCP Spurs Manufacturing Investments

By Evans Paull
Brownfields Renewal
April, 2014

A previous Brownfield Renewal article outlined the findings of the  
recently released report:  New York’s Brownfield Cleanup Program: the  
Economic, Fiscal, and Environmental Impacts.  This article focuses on  
one of the surprising findings: that BCP is inducing manufacturing  
investments, almost entirely in upstate New York, in effect creating  
a model for attracting and "re-shoring" manufacturing to former  
manufacturing sites rather than greenfields.

...

The consulting team found at least ten projects where manufacturers  
were lured to New York's brownfield sites and established new or  
relocated operations. It might be noted that six of these are in the  
Buffalo-Niagara region where: 1) the BCP credit is promoted by both  
DEC and local agencies; 2) some early projects set a precedent for  
later ones; and 3) there is an abundance of vacant industrial land.  
Other regions in the state may want to look at the Buffalo-Niagara  
success stories, described herein, to create their own BCP-fueled  
manufacturing strategies.

...

For the entire article, see
http://www.brownfieldrenewal.com/news- 
new_york_bcp_spurs_manufacturing_investments_-414.html

--

Lenny Siegel
Executive Director, Center for Public Environmental Oversight
a project of the Pacific Studies Center
278-A Hope St., Mountain View, CA 94041
Voice: 650/961-8918 or 650/969-1545
Fax: 650/961-8918
<lsiegel@cpeo.org>
http://www.cpeo.org

_______________________________________________
Brownfields mailing list
Brownfields@lists.cpeo.org
http://lists.cpeo.org/listinfo.cgi/brownfields-cpeo.org