County Awarded $3.6 Million for CNYREDC Projects

December 8, 2016

Cortland – Cortland County economic development and infrastructure projects will be supported by more than $3.6 million in state grants announced today in Albany by Governor Andrew Cuomo.

The grants are part of a total $62.2 million in Central New York Economic Development Council awards backing 77 projects.  The Central New York region comprises Cortland, Cayuga, Madison, Oswego, and Onondaga counties.

For only the second time in six years, the CNY region was not a “Top Awardee” in the competition with nine other REDCs across the state.  Five top winners this year brought home more than $80 million each.

“Our region is used to being among the top awardees, but the competition is stiff,” said REDC board member and BDC executive director Garry L. VanGorder.  “That said, I think the region and Cortland County still did very well.”

Projects receiving support in Cortland County included:

55 Main Street revitalization — $200,000 supporting the proposed $1.45 million mixed-use redevelopment of the former commercial and residential space in downtown Cortland destroyed by fire more than 10 years ago;

–  Cortland, Cortlandville, and Homer water meter project — $400,000 supporting the $720,000 replacement of water meters with digital meters incorporating technologies for billing and other efficiencies;

– Pool House, Wickwire Pool — $407,586 for the $543,000 renovation of the pool house, completing the renovation project  at the site;

–  Cortland City Microenterprise Assistance Program — $200,000

–  Clinton Avenue Water Project — $750,000 supporting a $2 million project to replace aging water mains along Clinton Avenue between Pomeroy Street and Church Street in the City;

–  Construction and Pilot Operation of a Vermicomposting Facility — $152,450 to support this collaborative project between the city and other partners;

– Alternative Transportation Initiative, City of Cortland — $500,000 to assist the city with its planned development of a pedestrian/bike path on Clinton Avenue from Downtown to Interstate 81 Exit 11 via a trail and a bridge over the Tioughnioga River;

– Ski 2 Cortland — $60,000 supporting the continued enhancement and promotion of the Cortland County ski industry;

– “38 Arts” Actor Hostel and Performance Space — $360,000 to support this $1.8 million project in Downtown Cortland;

– Gutchess Park Sports Complex Planning Grant – – $75,000 to help the town complete the project master plan; and

–  Barber Block Redevelopment Project — $493,000 supporting Village of Homer plans to renovate historic Barber Block, creating new apartments and undertaking commercial and facade repairs

One other project, the proposed $15 million redevelopment of the former Crescent Corset factory on South Main Street in the City of Cortland, received $750,000 Empire State Development award earlier this year when the project scope was ramped up.  An original state grant of $250,000 brings total project support to $1 million.

“These are all good projects and I think it’s important to remember that economic development is more than manufacturing,” VanGorder said.  “Projects that enhance community and quality of life, as many of these do, go a long way in our work to keep and attract jobs and capital investment.

Site IndexPrivacyContact usGovernance & Reporting
To keep up with the latest news and information regarding the Cortland County BDC-IDA, please click here to join our mailing list.

CORTLAND COUNTY BUSINESS DEVELOPMENT CORPORATION / INDUSTRIAL DEVELOPMENT AGENCY
Executive Director: Garry VanGorder
37 Church Street, Cortland, New York 13045 | Phone: (607) 756-5005 | Fax: (607) 756-7901 | © cortlandbusiness.com 2012