Empire State Development meetings

Find meeting advisories, agendas, and materials related to key New York State development projects and initiatives. 

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Press Release

Tuesday, October 12, 2021 - 11:40am
Construction on Events Center and Surrounding Open Space Will Begin this Fall Erie Canal Harbor Development Corporation (ECHDC) today met and authorized construction contracts totaling $13 million for the Terminal B renovations project on Buffalo’s Outer Harbor. The project will create a new outdoor events center and surrounding open space by rehabilitating a vacant structure and utilizing existing parking, while reclaiming seven acres of contaminated property to open additional public access with new lake views. The project will enhance the habitat with new trees, shrubs and meadow areas, and diversify the seedbed to support migrating and nesting birds. With the contracts authorized, construction on the site is expected to begin in the coming weeks. New renderings are available here. “The creative and adaptive reuse of the long-abandoned Terminal B site will open up this part of our scenic waterfront to the public with both passive and active recreation amenities,” said ECHDC Chairman Robert Gioia. “This project, which takes up only 5% of the 200-acre property, is just one part of a comprehensive plan developed over five years with the community and stakeholders. We are thrilled to move forward with the first phase of construction.” Occupying a footprint approximately 100,000 square feet in area and 30-feet high, the metal framed warehouse known as Terminal B has been utilized as a storage facility since 1967 and is currently inaccessible to the public. The Terminal B renovation will remove the existing exterior walls and roof to expose the steel framing and concrete deck, and a portion of the deck will be transformed into a performance stage with some small, enclosed support spaces.  New utilities will be brought to the building through the adjacent site east of Terminal B, which will be converted to a sloped lawn. Along the base, new landscape foundations and stairs will be added to enhance accessibility. The existing asphalt drive will be renovated, with a secondary walkway added around the sloped lawn, connecting to the existing Lakeside event lawn and circulation path. Site lighting and security measures will be installed near the structure and along the pedestrian paths leading to the main entry.  The ECHDC Board authorized the corporation to enter into contracts with: Javen Construction Company, Inc. for general construction services with a total contract amount not to exceed $7,365,000. Javen Construction’s scope of services will include select building demolition, new steel framing, steel framing preparation and painting, building enclosures, interior finishes and select site work adjacent to the existing concrete platform.  Union Concrete and Construction Corporation for sitework services with a total contract amount not to exceed $3,964,400. Union Concrete’s scope of work will include clearing the existing paved site surfaces, establishing the site parameters, excavating for site utilities, installation of landscape and fence materials, new surface walkways and drives, and site enclosures.  Frey Electric Construction Co., Inc. for electrical services with a total contract not to exceed $1,440,600. Frey Electric’s scope of services will include demolition of all existing electrical and communication systems, routing the new electric service from Fuhrmann Boulevard to the Terminal B site, distribution of electric service within the Terminal B site, exterior lighting and miscellaneous electric connections for equipment installed by other contractors.  M.K.S. Plumbing Corporation for mechanical services with a total contract not to exceed $230,000.  M.K.S. Plumbing’s scope of services will include demolition of existing plumbing systems, routing the new mechanical and plumbing services from Fuhrmann Boulevard to the Terminal B site, distribution of gas and water lines within the Terminal B site, installation of mechanical systems within enclosed buildings, and installation of all plumbing fixtures.  Funding for the contracts is being provided by Empire State Development (ESD).  The Board authorized ECHDC to enter into a contract amendment with Bergmann Associates, Architects, Engineers, Landscape Architects & Surveyors, DPC LLP for construction administration services for the Terminal B project. The amendment extends the contract term through December 31, 2023 and amends the contract by an amount not to exceed $300,000. The Board also authorized ECHDC to enter into a contract amendment with LiRo Engineers, Inc. for professional environmental services on the Outer Harbor. The amendment amends the contract by $55,000. The funding source for these two contracts is ECHDC via the New York Power Authority (NYPA) through relicensing agreements tied to the operation of the Niagara Power Project. New York State is making a historic commitment to improving and expanding access to outdoor recreation. In 2013, nearly 400 acres of land on the Outer Harbor was transferred from the Niagara Frontier Transportation Authority to ECHDC. As part of that transfer, Buffalo Harbor State Park was designated as the 180th state park in New York’s system and the first in the City of Buffalo. The remaining approximately 247 acres of land north of Buffalo Harbor State Park is now operated by the ECHDC, which completed several capital improvements to increase public access to and use of this property, and conducted several community-driven planning studies that have informed the current and future disposition of the project site.  About Erie Canal Harbor Development Corporation The Erie Canal Harbor Development Corporation (ECHDC) is governed by a nine-member board consisting of seven voting directors and two non-voting, ex-officio directors. The seven voting directors are recommended by the New York State Governor and are appointed by the New York State Urban Development Corporation d/b/a Empire State Development as sole shareholder of ECHDC. The two non-voting, ex-officio director positions are held by the Erie County Executive and the City of Buffalo Mayor. As a subsidiary of Empire State Development, the state’s chief economic development agency, the Erie Canal Harbor Development Corporation supports and promotes the creation of infrastructure and public activities at Canalside, the Ohio Street corridor and the Outer Harbor that is attracting critical mass, private investment and enhance the enjoyment of the waterfront for residents and tourists in Western New York. Its vision is to revitalize Western New York’s waterfront and restore economic growth to Buffalo based on the region’s legacy of pride, urban significance and natural beauty. Contact: Pamm Lent (Governor’s Office) | [email protected] | (716) 846-8309 Laura Magee (ECHDC) | [email protected] | (716) 846-8239
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Board Meeting

Tuesday, October 12, 2021 - 11:30am
In accordance with recently passed Legislation, this meeting will be conducted via teleconference. The public may listen to the meeting via webcast by clicking the link below. Members of the public may submit comments on the Agenda items in writing to [email protected] by 4:30 pm on Friday, October 8, 2021.
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Board Meeting

Tuesday, October 12, 2021 - 10:30am
In accordance with recently passed Legislation, this meeting will be conducted via teleconference. The public may listen to the meeting via webcast by clicking the link below. Members of the public may submit comments on the Agenda items in writing to [email protected] by 4:30 pm on Friday, October 8, 2021.
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Public Notice

Friday, October 8, 2021 - 1:30pm
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Report

Friday, October 8, 2021 - 9:38am
Economic Impact of Visitors in New York 2020 - Statewide Economic Impact of Visitors in New York 2020 - Adirondacks Economic Impact of Visitors in New York 2020 - Capital-Saratoga Economic Impact of Visitors in New York 2020 - Catskills Economic Impact of Visitors in New York 2020 - Central New York Economic Impact of Visitors in New York 2020 - Chautauqua-Allegheny Economic Impact of Visitors in New York 2020 - Finger Lakes Economic Impact of Visitors in New York 2020 - Greater Niagara Economic Impact of Visitors in New York 2020 - Hudson Valley Economic Impact of Visitors in New York 2020 - Long Island Economic Impact of Visitors in New York 2020 - New York City Economic Impact of Visitors in New York 2020 - Thousand Islands
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Press Release

Thursday, October 7, 2021 - 2:43pm
Awards to Community Banks will Increase Access to Safe, Affordable Bank Accounts, Financial Literacy Programs, and Small Loans to New Yorkers Living in Historically Underserved and Redlined Communities List of Community Development Financial Institutions Receiving Awards Here Empire State Development and the New York State Department of Financial Services today announced the first awards from the New York State Community Development Financial Institution (CDFI) Fund to support access to safe and affordable banking services in historically underserved and low-income communities across New York State. With a multi-year $25 million state-commitment, the CDFI Fund will provide resources for the growth of New York State CDFIs to support the delivery of affordable financial products and services and financial literacy programming to low- and moderate-income New Yorkers. The CDFI Fund will also increase access to capital and technical assistance services for New York State small businesses and non-profit organizations.  In total, 31 CDFIs were selected to receive financial inclusion grants, totaling $4,907,000.   Empire State Development Chief Operating Officer and Executive Deputy Commissioner Kevin Younis said, “Creating and expanding banking services in underserved communities across the state will increase economic opportunities for all. New York State’s CDFIs play an important role supporting small and micro-businesses, many that are minority and women owned, with financial resources and skills not always available to them from traditional or big banks. These grants will expand their services to help small businesses continue to recover, grow and realize a brighter future.” “The pandemic demonstrated that financial health and resilience must be built from the ground up and New York’s CDFIs continue to be an essential building block to ensuring our recovery benefits those most affected,” said Acting Superintendent of Financial Services Adrienne A. Harris. “The distribution of these grants is a testament to what can be achieved when government works across agencies and community banks to benefit the people they serve.” CDFIs and CDFI Credit Unions are private financial institutions dedicated to delivering affordable lending options to low-income, low-wealth, and other disadvantaged people and communities. These mission-driven institutions often serve clients who often struggle to get access to banking services, including due to high costs of entry, credit history, and simply a lack of banking branches in their communities. Approximately 25% of New York State households do not have bank accounts or seldom use one and rely on costly non-bank services for their financial activities, according to the Federal Deposit Insurance Corporation. Additionally, a recent survey conducted by the Federal Reserve Bank concluded that unbanked and underbanked rates are higher among lower-income households, less educated households, African American and Latino households. In February 2021, New York State Federally Certified CDFIs and CDFI Credit Unions were invited to submit proposals to provide affordable financial products and services that meet the unique needs of economically underserved and underbanked communities. Proposals were evaluated on each organization’s ability to demonstrate institutional capacity, provide technical assistance to bank challenged and otherwise underserved individuals, and the ability to provide broad banking services ranging from savings accounts to capital for lending to individual, small business, non-employer firms, or non-profit borrowers. CDFI Fund grants will enhance the selected institution’s capacity to meet the needs of underbanked individuals and of small businesses and non-employer firms and entrepreneurs. This includes offering basic banking services where needed, such as opening traditional accounts and providing transaction services like ATM networks and debit cards and providing technical assistance to bank challenged and otherwise underserved individuals.  Other services include providing affordable consumer loans and developing new financial literacy and financial education programing.  The selected CDFIs and CDFI Credit Unions will attempt to bridge this gap through providing affordable financial products and services that meet the unique needs of economically underserved communities. Grants to CDFIs and CDFI Credit Unions increase their capital reserves, allowing them to grow, take in more deposits and make more loans. As demonstrated by the U.S. Treasury CDFI Fund, CDFI Credit Unions leverage grant funds, on average, by 12:1 – meaning they bring in $12 in deposits and make $12 in community development loans for every grant dollar received. By increasing capital reserves, CDFIs and CDFI Credit Unions can quickly expand into more underserved communities to address unmet needs – bringing in new members and deposits; using those deposits to make more loans; and adding branches, mobile banking and other services. New York State Senate Banks Committee Chair James Sanders said, "We must continue to address the issue of access to banking services in underbanked and underserved communities, which are often areas with a large percentage of people of color and low-income residents. The New York State Community Development Financial Institution (CDFI) Fund is an effort by the State to improve access to banking services for everyone. I give my full support to this worthwhile program to promote equity and consumer rights in the banking sector." New York State Senate Committee on Commerce, Economic Development, and Small Business Chair Anna M. Kaplan said, “Access to affordable banking services and financial literacy programs are critical to uplifting historically underserved communities and spurring investment in local small businesses and non-profits. By investing state funds in community banks and financial literacy programming, we can help more New Yorkers in marginalized communities to access quality, low-cost financial services that aren’t currently available, and we can help more small businesses access the capital they need to grow, hire, and thrive. I applaud Governor Kathy Hochul for her leadership to ensure that our State is making smart investments like this to improve the lives of everyday New Yorkers.“ New York State Senate Committee on Consumer Protection Chair Kevin Thomas said, “The pandemic and resulting economic crisis continue to have a disproportionate, adverse effect on New York State’s most underserved communities. The CDFI Fund will provide crucial access to safe and affordable banking services in the communities that need them the most. I thank Empire State Development and the New York State Department of Financial Services for their ongoing work to advance economic justice and expand access to essential financial services.” Assembly Standing Committee on Banks Committee Chair Patricia Fahy said, “Small businesses are the cornerstones of our communities and by expanding funding to New York State’s CDFIs and CDFI credit unions, New York State is ensuring that affordable, fair and safe banking services are being offered to our small businesses and microenterprises across the state and here in the Capital Region that are so often underserved. As Chair of the Assembly Banks Committee, improving access to banking for the 1 in every 4 New York State households that lacks a bank account is a major priority, and I commend Empire State Development and the Department of Financial Services for prioritizing our historically underserved communities in their work across the state.” Assembly Standing Committee on Small Business Chair Al Stirpe said, "Expanding access to affordable banking services and financial literacy programming are critical components of New York's economic recovery, helping ensure our revival doesn't leave disadvantaged communities behind. With this state funding, we'll be able to make real strides in providing financial services to more New Yorkers, including the nearly 25% of state households that don't have a bank account. I want to thank Governor Hochul for prioritizing this issue and will continue working with the governor and legislative leaders to provide further support for CDFIs and CDFI Credit Unions." Contact: Kristin Devoe (ESD): [email protected] | (518) 414-1087 Sophia Kim (DFS): [email protected] | (212) 709-1691
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Press Release

Wednesday, October 6, 2021 - 4:11pm
Update on Key Development Project Will Also Be Available via Zoom USA Niagara Development Corporation (USAN) and the City of Niagara Falls will hold a public meeting at 5 p.m. on Tuesday, October 12 to provide an update on the Rainbow Centre Civic Improvement Project. Taking place at the Conference Center Niagara Falls, USAN leadership will be joined by officials from the City of Niagara Falls, the design team led by Marvel Architects, PLLC., and potential future tenants of the space. Masks will be required for all attendees regardless of vaccination status. Those unable to attend in person may follow the meeting via Zoom here. In December 2019, USAN and the City of Niagara Falls announced plans to undertake the adaptive reuse of the remaining mall space as a civic improvement project. Guided by the recommendations of a panel of experts from the Urban Land Institute (ULI), the project will establish greater public access and walkability, create commercial opportunities, and modernize parking resources to support new and existing businesses at and near the mall site. These modifications will create up to 160,000 square-feet of available space that could be repurposed for uses that would benefit downtown Niagara Falls, including attractions or other entertainment venues, or partnerships with the Niagara Falls Culinary Institute, such as an expansion of programming. USAN and the city have signed a project term sheet that allows USAN to procure and retain, at its expense, consultants necessary to develop plans and specifications necessary for construction of the project. Learn more about the Rainbow Centre Civic Improvement Project here. Other upcoming events: Empire State Development (ESD) and USAN will hold a project update on the Niagara Falls Strategic Economic Development Fund, a new funding initiative to catalyze investment on targeted commercial areas along Niagara Street, Main Street, Portage Road and Pine Avenue on Tuesday, October 19 from 6 to 7 p.m. via Zoom. For more information and to register, visit: https://buffalobillion.ny.gov/niagara-falls-strategic-economic-development-fund. About USA Niagara Development Corporation USAN, a subsidiary of Empire State Development, is solely dedicated to the support and promotion of economic development initiatives in Niagara Falls by leveraging private investment and encouraging growth and renewal of the tourism industry in the City of Niagara Falls. More information is available here. Contact: Pamm Lent | [email protected] | (716) 846-8309 | (800) 260-7313 Laura Magee | [email protected] | (716) 846-8239 | (800) 260-7313
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Report

Wednesday, October 6, 2021 - 1:09pm
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Report

Wednesday, October 6, 2021 - 1:06pm
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Public Notice

Wednesday, October 6, 2021 - 10:00am
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