Delaware North committed to Buffalo’s renaissance
On behalf of the Buffalo Niagara Partnership and its members, I write in support of one of our longest-standing members, Delaware North Cos.
Delaware North has been a proud supporter and major investor in the Partnership and its mission to further the creation of jobs and investment in the region since 1958. Delaware North’s presence in our community has contributed to the enormous rebirth our region continues to experience. It is now committing to plant its feet even further in the ground as the decision has been made to create its new global headquarters in downtown Buffalo. As a firm that can locate anywhere in the world, it chose Buffalo. Yes, its roots are here and yes, it employs hundreds here, however, this is business and as a community we must not take this lightly.
Delaware North’s vision to create a new global headquarters that will be high-tech and feature training and hospitality features will be a real asset for our region – a bricks-and-mortar testament to our region’s renaissance, located in the downtown core to boot.
The incentives for which it applied are designed expressly for this purpose – to encourage businesses to grow and expand in Western New York. This is how we can remain competitive, not only as a region, but as a state. Local businesses understand that, comparatively speaking, New York State has much higher taxes and excessive and expensive regulations than elsewhere. When you look at a company like Delaware North, this incentive is minuscule in comparison to what it could command if it put its headquarters “out for bid” to locations out of the region.
The Jacobs family and Delaware North have invested their considerable wealth and business interests in our community. This investment in many important community assets will continue to pay dividends to all of us.
President & CEO
Buffalo Niagara Partnership