Bronx food hub welcomes two more firms.Two major food and beverage F&B is a common abbreviation in the United States and Commonwealth countries, including Hong Kong. F&B is typically the widely accepted abbreviation for "Food and Beverage," which is the sector/industry that specializes in the conceptualization, the making of, and delivery of foods. distributors are relocating and expanding to the Bronx in a deal announced by Mayor Michael Bloomberg Michael Rubens Bloomberg (born 14 February 1942) is an American businessman, and the founder of Bloomberg L.P., currently serving as the Mayor of New York City. He was a general partner at Salomon Brothers before founding the financial software service company in 1981. this week. Baldor Specialty Foods and Anheuser-Busch of New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of will expand their businesses on two City-owned sites on the Hunts Point Peninsula in the South Bronx. These selections allow both companies to remain in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. and expand their businesses in Hunts Point, the city's leading center of wholesale food distribution. Combined, these projects are expected to create more than 900 new permanent and construction jobs over the next three years, and retain about 830 jobs. In addition, the projects will generate more than $50 million in private investment in the South Bronx and more than $40 million in economic activity over the next 20 years. Said Mayor Bloomberg, "With today's announcement, we are moving forward with the Hunts Point Vision Plan, which aims to attract and grow businesses, create more jobs and make the community a better place to live. "By expanding Hunts Point's food-related uses and developing the waterfront greenway throughout the peninsula, these businesses are a vital part of the effort to make the Hunts Point Peninsula, which already employs more than 10,000 people and is home to one of the most important food distribution centers in the world, an even stronger engine of the City's economic growth." Baldor Specialty Foods had outgrown its current facility in Hunts Point, and was selected to occupy 155 Food Center Drive, which includes an 185,000 s/f refrigerated re·frig·er·ate tr.v. re·frig·er·at·ed, re·frig·er·at·ing, re·frig·er·ates 1. To cool or chill (a substance). 2. To preserve (food) by chilling. warehouse and distribution facility. The new facility is expected to be ready for operation by summer 2006. EDC EDC See: Export Development Corp. issued the lease offering for the 12.8-acre site in September 2005. Anheuser-Busch, the St. Louis-based beverage giant, was selected to develop a 167,000 s/f warehouse and distribution facility that will allow the company to relocate from its current location within the Queens West development area in Long Island City, and modernize mod·ern·ize v. mo·dern·ized, mo·dern·iz·ing, mo·dern·iz·es v.tr. To make modern in appearance, style, or character; update. v.intr. To accept or adopt modern ways, ideas, or style. and expand its operations. Construction is expected to begin Summer 2006, and will take about 18 months to complete. The announcement is the latest in a series of unprecedented public and private investment in the South Bronx. In March 2005, Mayor Bloomberg announced a commitment of $27 million to promote economic development in Hunts Point, and unveiled a comprehensive vision plan aimed at promoting a competitive business environment and sustainable community Sustainable communities are communities planned, built, or modified to promote sustainable living. They tend to focus on environmental sustainability (including development and agriculture) and economic sustainability. in the area. The Administration worked closely with community leaders to create the plan, which calls for developing new waterfront parks Waterfront Park can refer to any of a number of parks on a river or other body of water, including:
In addition, the Department of City Planning city planning, process of planning for the improvement of urban centers in order to provide healthy and safe living conditions, efficient transport and communication, adequate public facilities, and aesthetic surroundings. is working on a rezoning plan for the area to encourage the expansion of food-related businesses, and the City is launching a comprehensive study to evaluate the opportunities for a potential redevelopment of the Hunts Point Produce Market. In keeping with the City's Vision Plan recommendations for the area, both Baldor and Anheuser-Busch have committed to maximizing rail freight to reduce truck traffic and emissions. The Hunts Point Peninsula has an area of roughly 690 acres, with almost half made up of the 329-acre Food Distribution Center, and is located in a Federal Empowerment Zone, New York State Empire Zone, and New York City Commercial Expansion Area, allowing businesses in the area to qualify for a variety of benefits. Much of the New York region is fed by the center, which has more than 130 wholesalers that generate revenue of more than $3 billion a year. The City has already invested $110 million at the Hunts Point fish and produce markets. Earlier this month, the Mayor welcomed the Fulton Fish Market The Fulton Fish Market is a fish market in New York, United States. It was originally a wing of the Fulton Market, established in 1822 to sell a variety of foodstuffs and produce. . |
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