EDITORIAL: Buffalo is about to reap major benefits from years of planning and investment - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
January 27, 2017 Newswires
Share
Share
Post
Email

EDITORIAL: Buffalo is about to reap major benefits from years of planning and investment

Buffalo News (NY)

Jan. 26--In 2017, Buffalo will change.

Yes, it's been changing for several years now, based on developments pushed by Gov. Andrew M. Cuomo and Rep. Brian Higgins. But that has been prologue, as Canalside has developed into a powerful urban attraction and the Buffalo Billion has seeded the ground for an economic garden that will blossom this year.

As The Buffalo News' 2017 Prospectus section inside today's paper documents, big things are about to happen. On the northern edge of downtown, the Buffalo Niagara Medical Campus, already buzzing, will practically burst at its seams this year as it absorbs the new John R. Oishei Children's Hospital and the University at Buffalo's Jacobs School of Medicine and Biomedical Sciences. When it's all done, employment on the campus will reach 15,000 -- more than double the 7,000 who worked there when its parent organization was formed in 2001.

And more is in the works.

On the other side of downtown, at a sharp bend in the Buffalo River, the SolarCity plant will bring high tech to South Buffalo. The Western Hemisphere's biggest solar panel manufacturing plant will hum to life, hiring its first production workers early this year. When it reaches capacity, company leaders say the plant is expected to employ 500 manufacturing workers among a total Buffalo Niagara workforce of 1,460. This will make a difference, and it doesn't factor in the supply and service businesses that are all but certain to arise in the arc of SolarCity's light.

What is more, both of these developments, in the medical and solar power fields, are industries with legs. They will be here for the long haul.

The RiverBend project, which is SolarCity's home, was conceived with a research and development component that will help to keep the plant not merely relevant, but on the cutting edge. The Medical Campus is already there, with the research divisions of the Conventus building and Roswell Park Cancer Institute, to name just a couple of its farsighted assets.

Together, these developments constitute a watershed event -- a dividing line between what Buffalo was before them and what it became after. We know what it was before: a city down on itself, lacking friends in high places and shedding population. What it becomes after is a story yet to be told, one that to a great extent will depend upon continued nurturing by Albany and Washington.

To be sure, there will be challenges, though the kind that any struggling city would covet. Among them, for example, is transportation. The Niagara Frontier Transportation Authority has renovated and expanded Metro Rail's Allen/Medical Campus station in an effort to accommodate what is all but certain to be increased ridership. If there isn't, the traffic jams and parking woes may be horrendous. The effort to encourage workers to take the train will be worth the trouble.

Even then, newcomers are flooding the Buffalo real estate market, drawn by the enticements of city living and filling residential space as soon as it comes on the market. That's another key component of Buffalo's resurgence. Without people, especially young people, cities wither. But attractions such as Canalside, a thriving restaurant and bar scene and a developing, well-paying high-tech economy serve as a magnet for millennials seeking not just employment but an appealing lifestyle. Here, they have found that.

It is indisputable: Buffalo has momentum, and as its economy grows, so does its self-confidence. But without planning and commitment, momentum can wane, causing the city to fall short of its remarkable potential or, even worse, to backslide.

That's why state legislators -- especially those from Western New York -- need to advocate for Cuomo's plan to expand on the Buffalo Billion with projects designed to support or build upon the original program. They can, and should, insist upon transparency and ethical conduct in how that new slug of $500,000 is spent, but there can be no doubt about the need to continue to nourish the city's revival. Buffalo is up and walking, but it needs the kind of sustained and focused state assistance that put the Albany region back on its feet.

Still, Buffalo has a lot to celebrate in what is shaping up as its most remarkable year in a very long time.

___

(c)2017 The Buffalo News (Buffalo, N.Y.)

Visit The Buffalo News (Buffalo, N.Y.) at www.buffalonews.com

Distributed by Tribune Content Agency, LLC.

Older

Arkansas bans common second-trimester abortion procedure

Newer

The Bond Exchange Launches Online Wholesale Surety Platform for Insurance Agents

Advisor News

  • Pay or Die: The scare tactics behind LA County’s Measure ER tax increase
  • How to listen to what your client isn’t saying
  • Strong underwriting: what it means for insurers and advisors
  • Retirement is increasingly defined by a secure income stream
  • Addressing the ‘menopause tax:’ A guide for advisors with female clients
More Advisor News

Annuity News

  • MassMutual turns 175, Marking Generations of Delivering on its Commitments
  • ALIRT Insurance Research: U.S. Life Insurance Industry In Transition
  • My Annuity Store Launches a Free AI Annuity Research Assistant Trained on 146 Carrier Brochures and Live Annuity Rates
  • Ameritas settles with Navy vet in lawsuit over disputed annuity sale
  • NAIC annuity guidance updates divide insurance and advisory groups
More Annuity News

Health/Employee Benefits News

  • Pay or Die: The scare tactics behind LA County’s Measure ER tax increase
  • Column: N.C.’s Medicaid ‘compromise’ comes at a cruel cost
  • Idaho farmers can band together to buy cheaper health insurance through Farm Bureau deal
  • HHS NOTICE OF BENEFIT AND PAYMENT PARAMETERS FOR 2027 FINAL RULE
  • Reports Outline Clinical Trial Research Study Results from Imperial College London (Multimorbidity, health service use, and health insurance by socioeconomic groups in 31 countries: A multi-cohort study): Clinical Trial Research
More Health/Employee Benefits News

Life Insurance News

  • AM Best Affirms Credit Ratings of Berkshire Hathaway Life Insurance Company of Nebraska and First Berkshire Hathaway Life Insurance Company
  • Generational expectations: A challenge for the industry
  • Greg Lindberg asks NC judge for no jail time in bribery, fraud cases
  • National Life Group Names Brenda Betts to Its Board of Directors
  • Ask Tim a Question? Business, Finances, Money, or Taxes
More Life Insurance News

- Presented By -

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Why Blend in When You Can Make a Splash?
Pacific Life’s registered index-linked annuity offers what many love about RILAs—plus more!

Life moves fast. Your BGA should, too.
Stay ahead with Modern Life's AI-powered tech and expert support.

Bring a Real FIA Case. Leave Ready to Close.
A practical working session for agents who want a clearer, repeatable sales process.

Discipline Over Headline Rates
Discover a disciplined strategy built for consistency, transparency, and long-term value.

Inside the Evolution of Index-Linked Investing
Hear from top issuers and allocators driving growth in index-linked solutions.

Press Releases

  • JP Insurance Group Launches Commercial Property & Casualty Division; Appoints Joe Webster as Managing Director
  • Sequent Planning Recognized on USA TODAY’s Best Financial Advisory Firms 2026 List
  • Highland Capital Brokerage Acquires Premier Financial, Inc.
  • ePIC Services Company Joins wealth.com on Featured Panel at PEAK Brokerage Services’ SPARK! Event, Signaling a Shift in How Advisors Deliver Estate and Legacy Planning
  • Hexure Offers Real-Time Case Status Visibility and Enhanced Post-Issue Servicing in FireLight Through Expanded DTCC Partnership
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet