Study identifies catalysts behind Patchogue’s successful revitalization
PATCHOGUE — The village is one of Long Island’s biggest economic success stories. It is bustling with bars, restaurants, and brand new apartments. But it wasn’t always like that. In fact, the village has undergone a complete revitalization.
“There was a depressing sense. We were 50 percent vacant by square footage. There was nothing going on. And here we are today,” says village Mayor Paul Pontieri.
The Long Island Regional Planning Council, which generates information studies and lends support to towns and villages for projects, wanted to find out the key factors that made it all possible, as well as the continued benefits of Patchogue’s downtown development.
Through a comprehensive economic impact analysis, it found out the following information:
– The village of Patchogue generated $693 million in total economic output.
– The village secured $37 million in grants for infrastructure, development, and improvements.
– The village received $246 million in private construction investment.
– The village created several thousand full and part time jobs.
“Those kinds of numbers are game changers that people realize that if you invest in the community, the community invests in you,” Mayor Pontieri says.
The Planning Council says the report will provide a roadmap for other communities across the Island looking to revitalize and improve the quality of life for people who live in said communities.