I wanted to share with you the following article that was published by The Buffalo News:

The Buffalo News: Opinion: Economic turnaround is changing the face – and the image – of Buffalo

on January 31, 2016 - 12:01 AM

If, in fact, there were an actual prospectus examining the risks and rewards of investing in Buffalo, the prospects today would be bullish, indeed.

That’s the gist of what News reporters found in piecing together this year’s Prospectus supplement. In an in-depth look at the city and regional economy, The News put facts, figures and faces to what just about everyone understands: This is a new day in Buffalo.

It’s not just the big projects that dominate the news. There is more happening besides construction of SolarCity, the expansion of the Buffalo Niagara Medical Campus and, in one of the most important of all the projects underway, the development of Canalside.

Those are among the dominant features of Buffalo’s rebirth, of course, but you don’t have to look hard to find evidence that the city is regenerating itself, neighborhood by neighborhood, block by block and, in some cases, house by house.

That’s the story here. In years past, Buffalo had depended upon the silver bullet theory of economic revival. It’s the story of the Adelphia skyscraper and Bass Pro store that never appeared and of untold artists’ renderings that were hidden away on shelves, there to gather dust. It’s different now.

To be sure, the SolarCity project might, in another context, count as silver bullet development. It’s a huge project, one that will give Buffalo the largest solar panel manufacturing plant in the Western hemisphere. It is expected to employ 1,460 people and produce many spinoff jobs in other companies, including suppliers. It’s a big deal.

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[caption id="attachment_20974" align="alignleft" width="602"] Major construction continues at the Buffalo Niagara Medical Campus. The new UB Medical School, left, is due to open in spring 2017. The new Children’s Hospital, right, is due to be finished in November 2017. Derek Gee/Buffalo News[/caption]