July 21, 2015

crane.pngLIREDC Reviews New Project Proposals

Last Friday, the Infrastructure subcommittee of Long Island Regional Economic Development Council (LIREDC) - co-chaired by Desmond Ryan and Jim Morgo - met to review eight proposals, each of which will be evaluated by LIREDC for submission to the Office of Empire State Development. Proposals were submitted by a variety of private and/or public entities, in hopes of obtaining partial funding for their projects via New York State’s Economic Development Purposes Grant (Round 5). Each of these projects could provide a much-needed boost to the local LI economy, and many of them include at least some infrastructure-related work. Below is a brief summary of the eight proposals that were reviewed:

  • Farmingdale College’s proposal to establish an Infrastructure, Transportation & Security Center (ITSC), which would help create a center to improve infrastructure, reduce transportation costs and improve safety for airports, seaports and surface grid infrastructure. This proposal was made in conjunction with Nassau County Community College and Stony Brook University. In total, the project costs are estimated at over $22 million, and they are requesting nearly $6 million in ESDC grant funding.
  • Brookhaven Science Associates’ “Discovery Park” proposal (a public/private partnership lead by Brookhaven National Laboratory (BNL) – is to create a research campus/village that would promote collaborative research opportunities, enhance the BNL user experience and renew aging DOE infrastructure. This project would create a regional hub for scientific discovery, innovation and economic development.
  • Islip Pines is a mixed-use development proposed by Serota Islip, LLC, which would be Long Island’s first LIVE-WORK-PLAY environment of tomorrow. The proposal includes 350 residential units, almost 1.5 million sq. ft. of research/industrial/office/commercial and retail space, and recreational facilities including: an outdoor amphitheater, athletic facilities, an open-air marketplace, a hotel, cinema and restaurants. Total costs are estimated at approx. $62 million. 1,600 construction jobs (mostly union) and 3,000 other permanent jobs are expected to be generated by this project.
  • City of Glen Cove is looking for funds to design and build a 350-space ferry terminal parking structure for Waterfront Parking to serve the anticipated 500 daily riders of a new waterfront ferry service. The project total is estimated at $10 million and they are seeking $2 million in ESD grant money. They believe this project will create approx. 50 constructions jobs.
  • Babylon IDA (along with several other stakeholders) has proposed the Babylon Brewery Incubator project. This project is aimed to attract and accelerate the commercialization of Long Island’s craft beer industry, while also improving economic growth and revitalizing a blighted area, by acquiring, renovating and equipping a dilapidated building located on Strongs Avenue in order to house the new proposed brewery incubator. The estimated project cost is approx. $10 million. 

Other projects that were presented include:

  • NCPD presented a proposal to build a tactical village as part of a new police academy – Nassau County PD Academy Phase II. The total construction cost is estimated at just over $63 million and they project 260 construction jobs would be generated over the 2 year building period.
  • Huntington YMCA – a proposal to upgrade and expand the existing facility to better serve the members and the surrounding community, with additional facilities for a “Healthy Living Center” and improved parking.
  • LI MacArthur Airport Federal Inspection Station – a Town of Islip proposal to develop a Federal Inspection Station to accommodate a customs facility which would allow for international arrivals, thus making MacArthur Airport open to international flights, which could provide outstanding growth potential for the entire Long Island region.

LI Road Warriors Magazine is Here! Place an ad or find out more here.