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WNY Regional Economic Development Strategic Plan October 15, 2013
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WNY Regional Economic Development Strategic Plan October ... · Kaleida Gates Vascular Institute, UB Clinical & Transitional Research Center, and The Jacob’s Institute . Kaleida

Jun 14, 2020

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Page 1: WNY Regional Economic Development Strategic Plan October ... · Kaleida Gates Vascular Institute, UB Clinical & Transitional Research Center, and The Jacob’s Institute . Kaleida

WNY Regional Economic Development Strategic Plan October 15, 2013

Page 2: WNY Regional Economic Development Strategic Plan October ... · Kaleida Gates Vascular Institute, UB Clinical & Transitional Research Center, and The Jacob’s Institute . Kaleida

A Collaborative, Community Driven Process

2,946 People Reached WORK GROUPS

Presentations 62 Community

Stakeholders 272

Companies & Organizations

1,900 Newsletter

380

News stories, press conferences and events

20+ NEWS & PRESS

Page 3: WNY Regional Economic Development Strategic Plan October ... · Kaleida Gates Vascular Institute, UB Clinical & Transitional Research Center, and The Jacob’s Institute . Kaleida

Organizing Our Strategies

3 CORE STRATEGIES

Prepare Our Workforce

Implement Smart Growth

Foster a Culture of Entrepreneurship

SECTOR STRATEGIES

Advanced Manufacturing

Agriculture

Energy

Health | Life Sciences

Higher Education

Professional Services

Tourism

Bi-National Logistics

Page 4: WNY Regional Economic Development Strategic Plan October ... · Kaleida Gates Vascular Institute, UB Clinical & Transitional Research Center, and The Jacob’s Institute . Kaleida

Developing an inclusive

workforce & aligning skills

and training with industry

needs

Page 5: WNY Regional Economic Development Strategic Plan October ... · Kaleida Gates Vascular Institute, UB Clinical & Transitional Research Center, and The Jacob’s Institute . Kaleida

Building the pipeline

Page 6: WNY Regional Economic Development Strategic Plan October ... · Kaleida Gates Vascular Institute, UB Clinical & Transitional Research Center, and The Jacob’s Institute . Kaleida

Strategies

Page 7: WNY Regional Economic Development Strategic Plan October ... · Kaleida Gates Vascular Institute, UB Clinical & Transitional Research Center, and The Jacob’s Institute . Kaleida

Moving Generations Forward Buffalo Urban League

Education to Employment WNY Women’s Foundation

Page 8: WNY Regional Economic Development Strategic Plan October ... · Kaleida Gates Vascular Institute, UB Clinical & Transitional Research Center, and The Jacob’s Institute . Kaleida

Investing in infrastructure based on smart growth principles

WNY Population Changes, Ages 20-39 and 40-59, 1990-2010 Growth trends over a 40 year time period…

Page 9: WNY Regional Economic Development Strategic Plan October ... · Kaleida Gates Vascular Institute, UB Clinical & Transitional Research Center, and The Jacob’s Institute . Kaleida

Walkable Downtowns: Investment Rises,

Taxes Don’t

Commercial Building Permits Issued in Hamburg New York

SmartGrowth stabilized Hamburg’s property taxes before the Governor had to.

Page 10: WNY Regional Economic Development Strategic Plan October ... · Kaleida Gates Vascular Institute, UB Clinical & Transitional Research Center, and The Jacob’s Institute . Kaleida

Reclaiming brownfields

Page 11: WNY Regional Economic Development Strategic Plan October ... · Kaleida Gates Vascular Institute, UB Clinical & Transitional Research Center, and The Jacob’s Institute . Kaleida

Waterfront Revitalization

Page 12: WNY Regional Economic Development Strategic Plan October ... · Kaleida Gates Vascular Institute, UB Clinical & Transitional Research Center, and The Jacob’s Institute . Kaleida

State Agency Resource

Team helping

communities

Page 13: WNY Regional Economic Development Strategic Plan October ... · Kaleida Gates Vascular Institute, UB Clinical & Transitional Research Center, and The Jacob’s Institute . Kaleida

Fostering start-ups

New York State Business Incubator and

Innovation Hot Spot Support Program

Page 14: WNY Regional Economic Development Strategic Plan October ... · Kaleida Gates Vascular Institute, UB Clinical & Transitional Research Center, and The Jacob’s Institute . Kaleida

Funding Start-ups

Page 15: WNY Regional Economic Development Strategic Plan October ... · Kaleida Gates Vascular Institute, UB Clinical & Transitional Research Center, and The Jacob’s Institute . Kaleida

The Buffalo Business Plan Competition

Second Quarter 2014

World Wide Announcement of Competition

Year End 2013

International Road Show

First Quarter 2014

Third Quarter 2014

Over 1000 Applications

Submitted

Online Judging to Select 100-

200 Semi Finalists

Semi-Finalists Present 10

Minute Pitches to a

Panel of Judges

Finalists Compete for

$5M in Prizes

Third Quarter 2014

Page 16: WNY Regional Economic Development Strategic Plan October ... · Kaleida Gates Vascular Institute, UB Clinical & Transitional Research Center, and The Jacob’s Institute . Kaleida

Building on our tourism assets

Visitors contribute more than

$2.2 billion to regional economy each year.

Nearly 12 million visitors to WNY parks every year

Page 17: WNY Regional Economic Development Strategic Plan October ... · Kaleida Gates Vascular Institute, UB Clinical & Transitional Research Center, and The Jacob’s Institute . Kaleida

Investing in asset development and regional brand

Page 18: WNY Regional Economic Development Strategic Plan October ... · Kaleida Gates Vascular Institute, UB Clinical & Transitional Research Center, and The Jacob’s Institute . Kaleida

Jobs Retained over 3,100

Since 2012, NYS invested

$18 million which leveraged

$214 million in private investment

Professional and Business Service

Industry in WNY

Jobs created

1,000 almost

Professional Services 75,000+ employees

Page 19: WNY Regional Economic Development Strategic Plan October ... · Kaleida Gates Vascular Institute, UB Clinical & Transitional Research Center, and The Jacob’s Institute . Kaleida

Excelsior Investments

Manufacturing remains 3rd largest employment sector

50,000 employees $6.3 billion GRP

Since 2012, NYS invested

$36 million which leveraged

$388 million in private investment

Page 20: WNY Regional Economic Development Strategic Plan October ... · Kaleida Gates Vascular Institute, UB Clinical & Transitional Research Center, and The Jacob’s Institute . Kaleida

Welded Tube

$50 million private investment

121 new jobs

Page 21: WNY Regional Economic Development Strategic Plan October ... · Kaleida Gates Vascular Institute, UB Clinical & Transitional Research Center, and The Jacob’s Institute . Kaleida

Institute for Advanced

Manufacturing

Page 22: WNY Regional Economic Development Strategic Plan October ... · Kaleida Gates Vascular Institute, UB Clinical & Transitional Research Center, and The Jacob’s Institute . Kaleida

Building on our resources

Page 23: WNY Regional Economic Development Strategic Plan October ... · Kaleida Gates Vascular Institute, UB Clinical & Transitional Research Center, and The Jacob’s Institute . Kaleida

Buffalo Niagara Medical Campus

Page 24: WNY Regional Economic Development Strategic Plan October ... · Kaleida Gates Vascular Institute, UB Clinical & Transitional Research Center, and The Jacob’s Institute . Kaleida

Buffalo Hearing &

Speech Center

UB Research Institute on Addictions

Visitor Parking Garage

Kaleida Health – Buffalo General Medical Center

Buffalo Medical Group

Allen Medical Campus

Metro Rail Station

Health Clinic

Roswell Park Cancer Institute

Medical Campus Developments

2002-2004 # OF EMPLOYEES

7,500

Page 25: WNY Regional Economic Development Strategic Plan October ... · Kaleida Gates Vascular Institute, UB Clinical & Transitional Research Center, and The Jacob’s Institute . Kaleida

Cleveland BioLabs

Hauptman-Woodward

Medical Research Institute

UB-NYS Center for Excellence in Bioinformatics and Life Sciences

Roswell Park Center for Genetics and Pharmacology

Medical Campus Developments

2005-2008 8,000 # OF EMPLOYEES

$200 M TOTAL INVESTMENT

Page 26: WNY Regional Economic Development Strategic Plan October ... · Kaleida Gates Vascular Institute, UB Clinical & Transitional Research Center, and The Jacob’s Institute . Kaleida

Kaleida Behavioral

Services

Kaleida Gates Vascular Institute, UB Clinical & Transitional

Research Center, and The Jacob’s Institute

Kaleida Health – HighPointe on Michigan (Long-Term Care Facility)

Multi-modal Transportation

Structure

UB Institute for Healthcare Infomatics

ZeptoMetrix

BNMC Innovation Center UB Downtown

Gateway

UB Educational Opportunity

Center

Medical Campus Developments

2009-2013 12,000 # OF EMPLOYEES

$500 M TOTAL INVESTMENT

Page 27: WNY Regional Economic Development Strategic Plan October ... · Kaleida Gates Vascular Institute, UB Clinical & Transitional Research Center, and The Jacob’s Institute . Kaleida

Medical Office Building

Kaleida Health Women & Children’s

Hospital

UB School of Medicine

Roswell Park Clinical Sciences Building

Medical Campus Developments

FUTURE 17,000 # OF EMPLOYEES

$500+ M TOTAL INVESTMENT

Page 28: WNY Regional Economic Development Strategic Plan October ... · Kaleida Gates Vascular Institute, UB Clinical & Transitional Research Center, and The Jacob’s Institute . Kaleida

Stimulating business

creation and job growth in

the life sciences industry

Page 29: WNY Regional Economic Development Strategic Plan October ... · Kaleida Gates Vascular Institute, UB Clinical & Transitional Research Center, and The Jacob’s Institute . Kaleida

Measuring Progress: Moving the Needle

Page 30: WNY Regional Economic Development Strategic Plan October ... · Kaleida Gates Vascular Institute, UB Clinical & Transitional Research Center, and The Jacob’s Institute . Kaleida

Measuring Progress: Moving the Needle

Page 31: WNY Regional Economic Development Strategic Plan October ... · Kaleida Gates Vascular Institute, UB Clinical & Transitional Research Center, and The Jacob’s Institute . Kaleida

WNY is on the move!