Town of Amherst Economic Study (2016)
Jointed funding by the AIDA and Town of Amherst, this Economic Study updated demographic data and economic trends last presented 15 years ago in the Town of Amherst's Bicentennial Comprehensive Plan. Findings indicate that the Town remains the suburban location of choice in the Western New York Region, but opportunities exist to capture additional business that wishes to locate and expand in mixed-use environments.
AIDA Economic And Fiscal Impact Report (2016)
The Center for Governmental Research produced and impact report on the Amherst IDA's induced construction projects since its inception. Close to 300 projects pay $17 million in property taxes and employ 26,000 with an average salary of $65,000.
Main Street Corridor Market Study (2014)
The Amherst IDA, along with the Town of Amherst and Village of Williamsville,funded a study that analyzed market opportunities along a 2-mile corridor of Main Street. It details the present and future market for a variety of uses (hotel, office, residential) and identifies key sites and buildings as redevelopment opportunities. Both governments implemented new plans and ordinances aimed at capitalizing on future market strength in the corridor. This study will allow for future strategic investments and governmental improvements to be planned effectively.
Senior Housing in Erie County (2014)
The Amherst IDA and Erie County IDA commissioned the University at Buffalo Regional Institute and The Urban Design Project to analyze market demand for Senior Housing throughout Erie County to determine if the existing Countywide eligibility criteria assisting Senior Housing is still warranted.
The Amherst Industrial Development Agency collaborated with Buffalo LISC, the Institute for Local Governance and Regional Growth at the University at Buffalo, and the National Vacant Properties Campaign to begin to address population loss, rising vacancies, nuisance properties, and disinvestment in the City of Buffalo and first-ring suburbs. The report, downloadable below, was released in October 2006 and covers a range of strategies to address the rising vacancy in core areas.
The purpose of these reports is to quantify the cost of providing services to various land uses and the comparable revenues each land use provides to the taxing jurisdictions. These reports show that commercial development in effect subsidizes residential use's requirements for services. Select the links below for full copies of the reports.