“A new analysis shows that the Hauppauge Industrial Park could position the region for economic growth, officials said.
Released Wednesday at the IBEW offices in Hauppauge, the 160-plus page report was commissioned by the Suffolk County Industrial Development Agency and written, produced and designed by James Lima Planning + Development and the Regional Plan Association.
The report identifies strategies to further advance revitalization opportunities by supporting and clustering together industries at the park. It also offers competitor analysis to define additional ways to collaborate, and lessons learned from economic hubs across the country.
In positioning for the future, the park will be renamed as The Long Island Innovation Park at Hauppauge. The new moniker reflects a finding in the report that the park can “further capture economic opportunities of the region and maximize its impact to become a key player in Long Island’s overall economic development.”