RiverBend

The Governor was in Buffalo yesterday, unveiling plans for a new state-funded green energy research facility.

The idea is interesting: the state will pay $225 million to construct a six-building research campus on a former brownfield on the Buffalo River. They will retain ownership of the buildings and much of the equipment inside, but will allow private companies to use them. Construction is expected to be complete in eighteen months, with hiring of roughly 850 jobs to be completed a year after that.

4 Responses to “RiverBend”

  1. Pitt says:

    So, in Real World terms, about 85 actual jobs at that facility will be created, with the other 9/10 of the promised jobs a result of the economic multiplier effect. Or so they’ll claim. Maybe Amy’s can add another waitress.

  2. waterwolf says:

    The state will own the building and equipment. That means that 800 of the jobs will be patronage jobs going to political hacks in Buffalo. 50 people will work inside monitoring the sludge in the Buffalo River.

  3. Pitt says:

    The cynical apple doesn’t fall far from the cynical tree.

  4. matt says:

    One of the companies is planning on relocating the solar panel fabrication business that they’re currently doing in China.

    That’s right — Western New York is now more desperate for work than a Chinese sweatshop. Talkin’ Proud!

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