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Staten Island Comprehensive Economic Development Strategy 2020

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Staten Island Comprehensive Economic Development Strategy 2020 Staten Island comprehensive Economic Development Strategy 2020 STATEN ISLAND ECONOMIC DEVELOPMENT CORPORATION MAY 2020 acknowledgements About Staten Island Economic Development Corporation (SIEDC) As the lead advocate for economic development on Staten Island. SIEDC’s The CEDS provides the capacity-building foundation by which the public mission is to enhance Staten Island’s economy by promoting public and private sector, working in conjunction with other economic actors (individuals, firms, investment, and encouraging responsible and sustainable development, all of industries), creates the environment for regional economic prosperity. which improve the quality of life and provide broad and diverse employment opportunities in the borough. A CEDS document has the following components: SIEDC serves both the public and private sectors on Staten Island by providing • Summary Background: A summary background of the economic assistance to developers and companies implementing projects in the conditions of the region; borough, while at the same time serving entrepreneurs and small business • SWOT Analysis: An in-depth analysis of regional strengths, weaknesses, owners with tailored financing, procurement, and real estate assistance. SIEDC opportunities and threats (commonly known as a “SWOT” analysis); has been responsible for over $550 million in new investment, the creation • Strategic Direction/Action Plan: The Strategic Direction and Action Plan of more than 3,500 jobs and the development of over 1,000 acres of vacant should build on findings from the SWOT analysis and incorporate/integrate industrial land financing assistance, job training, and technology assistance to elements from other regional plans (e.g., land use and transportation, local businesses. workforce development, etc.); • Evaluation Framework: Performance measures used to evaluate the The Comprehensive Economic Development Strategy organization’s implementation of the CEDS and impact on the regional In 2019, as part of its mission in enhance Staten Island’s economy through economy; development and planning initiatives, SIEDC received a Comprehensive • Resilience: The CEDS must incorporate the concept of economic resilience Economic Development Strategy (CEDS) grant funded by the United States (i.e., the ability to avoid, withstand, and recover from economic shifts, natural Economic Development Administration (USEDA) to study issues such as low- disasters, the impacts of climate change, etc.). income job access, resiliency, public infrastructure and adaptive re-use of historic structures on Staten Island, as a means to greater and more equitable To advance the CEDS process, SIEDC convened a diverse panel of public, economic achievement. private, and non-profit leaders, also known as the CEDS Strategy Committee (the “Committee”), further described below. SIEDC’s involvement with the The Comprehensive Economic Development Strategy (CEDS) contributes CEDS process includes: to effective economic development in America’s communities and regions through a locally-based, regionally-driven economic development planning • In 1995, SIEDC published the first CEDS for Staten Island. The CEDS was process. Economic development planning – as implemented through the updated in 2000. CEDS – is not only a cornerstone of the USEDA programs, but successfully • In 2019, SIEDC published the Local Needs Assessment (LNA) for Staten serves as a means to engage community leaders, leverage the involvement of Island. the private sector, and establish a strategic blueprint for regional collaboration. • In 2020, SIEDC will release its latest CEDS for Staten Island, which builds upon the LNA and previous CEDS reports. 2 | STATEN ISLAND COMPREHENSIVE ECONOMIC DEVELOPMENT STUDY 2020 Strategy Committee Consulting Team The Strategy Committee is the entity identified by the Planning Organization Finally, SIEDC selected BJH Advisors, LLC (BJH), an economic development as responsible for guiding the development, revision and replacement of the and planning firm based in New York City, to oversee the analysis required by CEDS. The Strategy Committee must represent the main economic interests the CEDS process. BJH worked with WXY, a New York City award-winning multi- of the region, and must include Private Sector Representatives (defined disciplinary practice specializing in urban design, planning and community in 13 C.F.R. § 300.3, with respect to any for-profit enterprise, as any senior outreach to facility the SWOT analysis and visioning session. BJH compiled the management official or executive holding a key decision-making position, final CEDS report, complete with the findings of the analysis, for the Committee or that person’s designee) as most its membership. In addition, the Planning and SIEDC and its constituencies. Organization should ensure that the Strategy Committee also includes: • Public officials; • Community leaders; • Representatives of workforce development boards; • Representatives of institutions of higher education; • Minority and labor groups; and • Private individuals 2020 Staten Island CEDS Strategy Committee SIEDC Richard Corash, SIEDC Counsel, & Corash & Hollender, P.C. SIEDC Ralph Branca, SIEDC Chairman, & Victory Bank SIEDC Jasmine Cardona, College of Staten Island SIEDC Eugene Flotteron, CetraRuddy Architecture SIEDC Keith Campanella, Campa Construction SIEDC Robert Fanuzzi, Ph. D., St. Johns University SIEDC Patrick Mooney, Wagner College SIEDC Ed Birdie, NYPA SIEDC Robert P. Moore, SIEDC Executive Vice Chairman SIEDC Ali Patrone, Snug Harbor SIEDC Steve Grillo, SIEDC First Vice-President SIEDC Cesar J. Claro, SIEDC SIEDC President & CEO SIEDC Niles French, SIEDC Senior Project Manager STATEN ISLAND COMPREHENSIVE ECONOMIC DEVELOPMENT STUDY 2020 | 3 Abbreviations ABE Adult Basic Education NYCHPD New York City Dept. of Housing Preservation and Development ACS American Community Survey NYCOER New York City Office of Environmental Remediation BID Business Improvement District NYCSBS New York City Department of Small Business Services BIR Business Incentive Rate NYMTC The New York Metropolitan Transportation Council BMPs Best Management Practices NYPA New York Power Authority BRT Bus Rapid Transit NYPT New York Public Television CDBG Community Development Block Grant NYS New York State CDBG-DR Community Development Block Grant Disaster Relief NYSDEC New York State Department of Environmental Conservation CDFI Community Development Financial Institutions Fund NYSDOT New York State Department of Transportation CEDS Comprehensive Economic Development Strategy NYSERDA New York State Energy Research and Development Authority CEF Clean Energy Fund OZs Opportunity Zones CFA Consolidated Funding Application PICH Partnership In Community Health COVID-19 CoronaVirus Disease 2019 REAP Relocation and Employment Assistance CPI Community Parks Initiative RGGI Regional Greenhouse Gas Initiative CSC Climate Smart Communities RPA Regional Plan Association CSI College of Staten Island SBA (United States) Small Business Administration CUNY City University of New York SDF (New York) State Dedicated Fund DCAS (New York City) Dept. of Citywide Administrative Services SI CPP Staten Island Community Partnership Program DFE Design Flood Elevation SIEDC Staten Island Economic Development Corporation DRI (New York State) Downtown Revitalization Initiative SIR Staten Island Railway ESRI Environmental Systems Research Institute SNAP Supplemental Nutrition Assistance Program FEMA Federal Emergency Management Agency SSBG Social Services Block Grant FEMA IA Federal Emergency Management Agency Individual Assistance STOA (New York) State Operating Assistance FEMA PA Federal Emergency Management Agency Public Assistance SUNY State University of New York System GJGNY Green Jobs – Green New York Financing SWOT Strengths, Weaknesses, Opportunities, Threats HSE High School Equivalency ULURP Uniform Land Use Review Procedure HUD United States Dept. of Housing and Urban Development USEDA United States Economic Development Administration IBZ Industrial Business Zone VR/AR Virtual Reality/Augmented Reality JCC Jewish Community Center WS-IBID West Shore Business Improvement District LIRR Long Island Rail Road LNA Local Needs Assessment MAP Municipal Alternative Vehicle Program MTA Metropolitan Transportation Authority NAICS North American Industry Classification System NMTCs New Markets Tax Credits NYC New York City NYCDCP New York City Department of City Planning NYCDEP New York City Department of Environmental Protection NYCDOF New York City Department of Finance NYCEDC New York City Economic Development Corporation 4 | STATEN ISLAND COMPREHENSIVE ECONOMIC DEVELOPMENT STUDY 2020 Tables and Figures Table 1: Total Population Figure 1: Analysis Zones New York City Dept. of Housing Preservation and Development Table 2: Population by Gender Figure 2: Population by Age, 2018 New York City Office of Environmental Remediation Table 3: Race and Ethnicity Figure 3: Population by Race and Hispanic Origin, 2018 New York City Department of Small Business Services Table 4: Educational Attainment Ages 25 and Older Figure 4: Educational Attainment Ages 25 and older, 2018 The New York Metropolitan Transportation Council Table 5: Ongoing Projects Figure 5: Soft Site Analysis Figure 6: Housing Tenure, 2018 New York Power Authority Table 6: Total Households Figure 7: Commuting Patterns, 2018 Table 7: Household Income and Poverty Rate New York Public Television Figure 8: Top 10 Industries in Staten Island by Employment, 2018 Table
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