The Long Island Regional Economic Development Council today announced it recently submitted its 2017 Progress Report to Empire State Development, meeting New York State’s October 2 deadline. The report, which details the Council’s progress implementing its comprehensive Strategic Plan, is entitled “A Region in Motion.” This reflects the Council’s efforts to generate economic growth by cultivating placemaking, enhancing the region’s workforce, developing tradeable sectors, encouraging innovation, and fostering a thriving life sciences industry.
In furtherance of these goals, strategies and initiatives, this report recommends 31 priority projects to advance the region’s growth objectives. These projects represent a total proposed state investment of more than $18 million, leveraging nearly $192 million in private and other funding for total project expenses of over $210 million. Collectively, they support the creation of 162 new jobs, 109 indirect jobs and the retention of more than 537 existing jobs.