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Old 08-31-2013, 08:27 AM
 
25,556 posts, read 23,984,523 times
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http://www.crainsnewyork.com/article...NOMY/307289986

"Online grocer FreshDirect may be the highest-profile business relocating to the Bronx, but it will have plenty of company when it finally opens its headquarters there in 2016. The borough has become a magnet for food businesses, which is helping to boost growth and economic development.

The Bronx has long been home to the Hunts Point Food Distribution Center, the largest in the world, selling $5 billion worth of meat, fish and produce annually. But the food businesses outside the center are now proliferating, generating substantial private and public investment and thousands of jobs in a borough known for its high crime and poverty statistics. Over the next couple of years, at least a dozen businesses will move to the borough or expand their existing facilities.

Moderator cut: Copyright violation

So its wonderful to hear a lot of other food distribution businesses are moving to the South Bronx. The South Bronx was formerly a working class/industrial area, and these developments are restoring that status. Its good to hear the city is opening up the large amounts of land it owns to be used for the food and alcohol wholesale business and that they are giving out tax breaks and cheap loans to spur this development. Also, companies are taking advantage of the cheap real estate prices in the Bronx.

Last edited by bmwguydc; 09-22-2013 at 09:11 PM.. Reason: Copyright violation
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