Renamed in 2019, the Long Island Innovation Park at Hauppauge is finally getting the investment and attention it deserves thanks to HIA-LI’s relentless focus on growing this economic engine, spearheaded by HIA-LI Board Chairman Joe Campolo and HIA-LI President and CEO Terri Alessi-Miceli. These efforts earned a spot in LIBN’s 2019 roundup of the year’s top stories, “Newsmakers of the Year.”
HIA-LI fostering growth at industrial park
A new task force at HIA-LI is set to implement an action plan to optimize the long-term economic impact of the 1,400-acre Long Island Innovation Park at Hauppauge (up until recently was called the Hauppauge Industrial Park).
The action plan is based on the recommendations of the 160-page opportunity analysis by the Suffolk County IDA and Regional Plan Association that was released earlier this year. Leading the analysis was James Lima of James Lima Planning + Development, a New York City-based planning firm whose client list includes Facebook, several agencies for the City of New York, the University of Tennessee and other villages, cities and foundations.
A 41-year-old organization, the HIA-LI serves as the voice of the industrial park, where 55,000 people are employed. The park delivers $13 billion in annual output, according to the HIA-LI.
The report’s findings show that the park is the “undisputed anchor of Long Island’s ‘tradable’ economy,’” which brings “new dollars and commerce into the region,” according to a press release about the new task force.