Peter Cammarata, the longtime president of the Buffalo Urban Development Corp., will retire on April 2 soon after more than 14 years major the agency and around 25 years in Buffalo financial progress efforts.
Cammarata, who has led BUDC because 2006, will stay on for a single or two times a week through year-conclude to help with the transition. His departure follows the retirement very last calendar year of his deputy, Govt Vice President David Stebbins, developing a likely leadership vacuum in an agency that oversees the Northland Corridor, Buffalo Lakeside Commerce Park and the conversion of LaSalle Park into the Ralph C. Wilson Jr. Centennial Park.
Buffalo Mayor Byron W. Brown, who chairs the BUDC board, stated officials are working on a succession plan.
“I want to thank you for the extraordinary function that you have finished for this company, for the town of Buffalo,” Brown told Cammarata immediately after the announcement Tuesday .
Below his tenure, BUDC oversaw the brownfield reclamation and redevelopment work that established Buffalo Lakeside Commerce Park at the Union Ship Canal in South Buffalo, as nicely as the acquisition and planning of the RiverBend residence that is now dwelling to the Tesla gigafactory.
Additional recently, BUDC is foremost the redevelopment of the Northland Corridor into a light-weight industrial financial advancement hub.