Counsel to Developer of Buffalo High-Tech Manufacturing and Innovation Hub @ RiverBend [ aka SolarCity ]
Hodgson Russ partner Terrence M. Gilbride serves as counsel to LPCiminelli on the development of Buffalo High-Tech Manufacturing and Innovation Hub @ RiverBend, one of New York State's Buffalo Billion projects. This project involves a $1.7 billion public-private partnership to convert a vacant former manufacturing site into a state-of-the-art campus for high-tech and green-energy manufacturing businesses. The RiverBend campus will be located in a newly developed smart-growth urban commerce park with multi-modal transportation opportunities and will serve as a building block of continued growth in advanced manufacturing, which is a primary focus of the Western New York Regional Economic Development Council. Initially, two California-based clean-energy companies, Soraa and SolarCity, will serve as the anchor tenants in the newly constructed RiverBend complex and relocate major parts of their respective operations to Buffalo. It is expected that, once fully constructed, RiverBend will house at least six new structures that will be constructed over time to accommodate approximately six biotech, high-tech and green-energy firms.