The Town of Islip was recently awarded a $10 million state grant and it’s being channeled toward various business expansion projects. The funds will be invested in a downtown revitalization project that Islip Town Supervisor Angie Carpenter said, could “put Central Islip on the map.”

Officials recently unveiled potential finalists for the project. Based on the proposals, this major revitalization effort may see a new community park, historical trail, three new apartment buildings and new sewer connections, among other things. For more information about the project’s potential impact, read the full article in Newsday here.

The downtown revitalization effort is an example of what can be done with a business incentive. Financial aid can drive a company expansion and these projects would be a major investment for the community and lead to the creation of more than 130 jobs and additional streams of revenue for the local economy. This goes to show all the positive effects that a business expansion can bring. Quality of life is improved by offering more well-paying jobs and opportunities for employment are increased. It’s a win-win for residents and companies alike!

For more news on business expansion in Islip, updates regarding the downtown project and progression on the state grant, email, or call 631-224-5512.