Peter Cammarata, the longtime president of the Buffalo Urban Enhancement Corp., will retire on April 2 immediately after extra than 14 yrs main the agency and above 25 yrs in Buffalo financial development initiatives.
Cammarata, who has led BUDC considering the fact that 2006, will remain on for 1 or two times a week by yr-finish to support with the changeover. His departure follows the retirement final 12 months of his deputy, Executive Vice President David Stebbins, making a likely management vacuum in an company 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, explained officers are working on a succession plan.
“I want to thank you for the incredible operate that you have completed for this agency, for the metropolis of Buffalo,” Brown explained to Cammarata soon after the announcement Tuesday .
Underneath his tenure, BUDC oversaw the brownfield reclamation and redevelopment effort that established Buffalo Lakeside Commerce Park at the Union Ship Canal in South Buffalo, as perfectly as the acquisition and preparing of the RiverBend residence that is now home to the Tesla gigafactory.
Additional just lately, BUDC is top the redevelopment of the Northland Corridor into a light industrial financial improvement hub.
