In Buffalo, the immediate question is a simple one: Can
the SolarCity factory project at RiverBend in South Buffalo be completed on time and start producing solar panels sometime next spring as promised?
Lately, the governor and his aides have portrayed Schwartz's role as more limited, saying that he will essentially just review contracts and documents that are already public, including any deals that result from a recent state allocation of $ 485 million to the Buffalo Billion's
SolarCity factory project.
Not exact matches
Delays have bruised several
projects, and one of the state's key corporate partners —
SolarCity, a power company backed by Elon Musk that intends to open a huge solar - panel
factory on the Buffalo River — has watched its stock price plunge over the past year.
Aside from the $ 750 million
factory for
SolarCity, 43North has attracted more hype than any other
project funded by Gov. Cuomo's Buffalo Billion initiative.
One is the governor's flagship Buffalo
project, a solar panel
factory for
SolarCity, whose chairman is Elon Musk, the chief executive of Tesla Motors.
The federal probe has focused on the Buffalo Billion economic development
project to build a solar panel
factory for
SolarCity, but also includes real estate developers working on
projects in other cities.
The same month,
SolarCity's SEC filings included the reduced number of
projected jobs at the
factory.
The proposed acquisition of the company comes after a significant state investment in the RiverBend site, where a
factory for
SolarCity is being built, a key
project in the Buffalo Billion economic development program.
Assembly Speaker Carl Heastie signaled support for Buffalo's
SolarCity project at RiverBend but cautioned that his house is still doing its «due diligence» on the Cuomo administration's request for $ 485 million to complete the solar panel
factory in South Buffalo.
The Buffalo Billion — known for spurring the development of South Buffalo's
SolarCity factory, as well as other regional investment
projects — is under investigation for the ways in which its funds were allocated.
Amid a probe by US Attorney Preet Bharara's office of the Buffalo Billion, one of the initiative's signature
projects, a
SolarCity factory, is set to ramp up its hiring in a big way.
Aside from constructing the
SolarCity factory, LPCiminelli has worked on a long list of public
projects, including a 10 - year, $ 1.3 billion construction program to renovate 48 Buffalo Public Schools buildings.
The resignations come as LPCiminelli — the region's biggest contractor — continues to operate under a cloud of scrutiny over the executives» alleged corruption tied to a $ 750 million state contract for the Buffalo Billion
project to build a solar panel
factory for
SolarCity off South Park Avenue.
«In addition, job growth in Buffalo during the expansion had been buoyed by a surge in construction jobs associated with major
projects such as the
SolarCity factory and Buffalo Niagara Medical Campus.
The
SolarCity factory is perhaps the most ambitious
project among Cuomo's «Buffalo Billion» investments in Western New York.
Investigative Post Editor Jim Heaney and Susan Arbetter of The Capitol Pressroom discuss the latest developments involving the
SolarCity project in Buffalo, including a reduction in planned
factory jobs from 1,460 to 500.
People with experience in large construction
projects say it is unusual that the «build phase» of the
SolarCity factory is ending while installation of hundreds of millions of dollars» worth of equipment has yet to get started.
The company, according to a person familiar with the development program, worked on one of the main
projects, a solar - panel
factory for
SolarCity, whose chairman is Elon Musk, the chief executive of Tesla Motors.
SolarCity was asked last week whether the federal probe would affect the
factory timetable, whether Zemsky's agency taking over the
project would affect the company's relationship with the state and whether vendors are ready to deliver their equipment on time.
After Kaloyeros was charged back in September, Cuomo had ESD take over SUNY Poly's economic development
projects, including the billion dollar
SolarCity factory in Buffalo.
RiverBendBuffalo Billion commitment: $ 750 millionThe
project: The state is building the biggest solar panel
factory in the Western hemisphere for
SolarCity on a 90 - acre former brownfield at the Republic Steel site on the Buffalo River in South Buffalo.
But the
SolarCity's
project commitment to diversity was called into question after Investigative Post broke the news that the minority hiring goal at the
SolarCity factory was lowered from 25 to 15 percent: