The Town of Smithtown's new master plan may lift building restrictions on Hauppauge Industrial Park, making it easier for businesses to expand without needing approval from the town as early as 2013.
Newsday reports that Supervisor Patrick Vecchio announced that changes would be made to limits building heights, parking restrictions and others rules governing business growth in the industrial park at the Hauppauge Industrial Association on Tuesday morning.
The announcement was met by applause by many of the business owners and elected officials in the audience, including HIA founder Jack Kulka and Suffolk Leg. John Kennedy, R-Nesconset.
The Hauppauge Industrial Park is home to more than 1,300 companies that employ more than 55,000 people. Roughly two-thirds of the industrial park is under the Town of Smithtown, the remaining portion belong to the Town of Islip.
This announcements heralds on of several business incentive plans underway in the Town of Smithtown.
In December, Smithtown town officials approached the Hauppauge school district with to provide a tax break for businesses in targeted areas - including Hauppauge Industrial Park - who build or make improvements to their property worth more than $50,000.
Hauppauge school officials to go along with the incentive plan.