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Empire State Development Blog

Find the latest news on economic development in New York State

We feature stories of innovative businesses that are making New York their home, plus offer updates on economic activity and development from around the state.

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Press Release

Friday, January 18, 2019 - 12:19pm
Empire State Development (ESD) today announced that Global NY, together with the Conference of Great Lakes and St. Lawrence Governors and Premiers, will lead a trade mission to Mexico from January 21-24, 2019. Each company will receive a customized schedule of B2B meetings to discuss export and business opportunities with prospective customers and business partners, and benefit from networking events and logistical support provided by Global NY’s Mexico Trade Office. Some businesses will also benefit from Global NY’s State Trade Expansion Program (STEP) for travel and lodging expenses. Global NY is New York’s portal for both foreign businesses looking to invest in New York and local businesses interested in exporting internationally. The trade mission will strengthen economic ties with Mexico by helping to increase exports, the number of businesses that export, and Foreign Direct Investment (FDI) in New York State. Empire State Development President, CEO and Commissioner Howard Zemsky said, “Mexico is an important trade partner to New York, and this upcoming economic development trade mission will strengthen our economic ties by supporting growth, job creation and innovation in both New York and Mexico.” Participating businesses represent several different industries and regions from across the state, including Aerospace and Defense companies from the Mohawk Valley and New York City, Advanced Manufacturing companies from Long Island and Central New York and a Biotech and Life Sciences company from the Southern Tier. STEP is a Global NY program that is funded in part through a grant from the U.S. Small Business Administration (SBA) to increase the number of businesses entering the export market, and to increase the value of exports businesses are already producing. Grants are offered to qualifying small and medium-sized businesses for a range of different purposes, including participation in foreign trade missions. In 2018, Global NY led 37 companies on trade missions to Mexico, Germany, Canada and China. Currently the 13th largest economy in the world, Mexico offers a strategic location and attractive business climate for New York companies looking to export into new markets. The trade mission includes stops in Mexico City and Monterrey. Global NY organizes trade missions each year to help New York’s small to mid-sized companies export overseas as well as encourage foreign companies to invest and grow their businesses in the state. Companies interested in participating in future trade missions or the STEP program can contact Global NY at globalny@esd.ny.gov or 212-803-2300. To learn more about Global NY, click here. About Empire State Development Empire State Development (ESD) is New York’s chief economic development agency (www.esd.ny.gov). The mission of ESD is to promote a vigorous and growing economy, encourage the creation of new job and economic opportunities, increase revenues to the State and its municipalities, and achieve stable and diversified local economies. Through the use of loans, grants, tax credits and other forms of financial assistance, ESD strives to enhance private business investment and growth to spur job creation and support prosperous communities across New York State. ESD is also the primary administrative agency overseeing Governor Cuomo’s Regional Economic Development Councils and the marketing of “I LOVE NEW YORK,” the State’s iconic tourism brand. For more information on Regional Councils and Empire State Development, visit www.regionalcouncils.ny.gov and www.esd.ny.gov.   Contact: Adam Kilduff | adam.kilduff@esd.ny.gov | (212) 803-3744 ESD Press Office | pressoffice@esd.ny.gov | (800) 260-7313
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Press Release

Thursday, January 17, 2019 - 3:07pm
State Investment Complements "Southern Tier Soaring" - The Region's Comprehensive Strategy to Revitalize Communities and Grow the Economy Empire State Development (ESD) today announced that significant upgrades have been completed at the Cornell High Energy Synchrotron Source, or CHESS, a world-class scientific research facility in Ithaca, Tompkins County. Supported by a Southern Tier Soaring Upstate Revitalization Initiative grant, Cornell University invested in capital improvements to CHESS, including its x-ray beamlines and experimental stations. Now completed, CHESS will be among the five premier synchrotron source facilities for high-energy, high-flux x-ray studies in the world. “Cornell University is one of our state’s great academic institutions, and it has been a leader in the growth of the Southern Tier’s economy,” said Lieutenant Governor Kathy Hochul, who made today’s announcement. “The capital upgrades as part of the Upstate Revitalization Initiative ensure the advancement of innovative technologies at the research facility, securing its position as one of the top of its kind in the world. This investment continues the growth of the high-tech industry and the economy of the entire region.” Empire State Development President, CEO and Commissioner Howard Zemsky said, “This innovative project continues the Southern Tier's ongoing transformation as a global center for developing and commercializing cutting-edge technologies and creating sustainable, well-paying jobs." Empire State Development offered the performance-based, $15 million Southern Tier Soaring Upstate Revitalization Initiative grant to support the upgrades and improvements to the CHESS facility. The National Science Foundation also provided significant support during the upgrade, specifically $66 million in operating funds for the national user facility during the time of the project, which also included updates to the Cornell Electron Storage Ring, the accelerator that powers CHESS for x-ray operations. As a result of this project, Cornell estimated that it would create 100 new high-paying, high-technology jobs in the region while retaining 150 jobs at the facility. Already, the project has resulted in the creation of 66 new jobs at the lab. CHESS utilizes funding from the National Science Foundation and the National Institutes of Health for operations. By leveraging the facility's capabilities and the URI grant, CHESS is positioned to win continued federal funding through 2024 and beyond. CHESS Director Joel Brock said, “Scientists come to CHESS from all over the world to solve some of their hardest problems.  In addition to allowing us to stay ahead scientifically, this upgrade has helped local companies develop new advanced manufacturing capabilities and enter new markets, ultimately becoming more competitive at the international level.”  CHESS is a world leader in developing innovative tools and techniques to explore biological, electronic, and structural materials. CHESS scientists and engineers develop new instrumentation, technologies and processing techniques that are highly sought by other global laboratories, universities and research organizations. As new synchrotron technologies and processes are invented at CHESS, they will be transferred - along with development support - to New York companies who sell the products and services to global customers. Built between 1978 and 1980, CHESS is a high-intensity x-ray source that provides world-class x-ray facilities to researchers from across the nation and around the world. It uses synchrotron light given off by charged particles - electrons and positrons - as they circulate in a ring at nearly the speed of light. The x-ray beams generated at CHESS help scientists and researchers understand materials from airplane wings to cell membranes, from pollutants in plants to matter under earth-core pressures. Senator Thomas O'Mara said, "Strengthening this world-renowned scientific research facility keeps Cornell University at the cutting edge of science and continues to position our region at the forefront of innovation and high technology. It means critical job retention and the creation of new, well-playing jobs, as well as enhancing the competitiveness and diversity of our local manufacturing sector." Assembly Member Barbara Lifton said, “These critical upgrades to CHESS are a welcome development for my Assembly District and the Southern Tier, and they will enhance CHESS’s reputation as a world-class research facility, provide innovative technologies, and create long-term, well-paying jobs. I’m proud to support this project, and I thank Governor Cuomo for his continued attention to economic development in our region.” Martha Robertson, Chairperson of the Tompkins County Legislature said, “The diversity of the work done at this world-class facility truly spans the limits of human ingenuity, including: developing better materials for rechargeable batteries, analyzing structural steel under different loads, x-ray imaging of archaeological artifacts without damaging them, and showing how toxins are distributed in commercial seafood or in the exhumed bones of 18th century sailors. We could not be more proud of this project.” Ithaca Mayor Svante Myrick said, “We're thrilled at the State's investment in our City.  These upgrades will result in dozens of new jobs - and the Synchrotron will continue to be an important tool for scientific discovery.  The work done under the athletic fields help us advance the world of knowledge, and increase the productivity of industry, by enhancing our understanding of the physical world.” Accelerating Southern Tier Soaring  Today's announcement complements “Southern Tier Soaring the region’s comprehensive blueprint to generate robust economic growth and community development. The State has already invested more than $6.2 billion in the region since 2012 to lay for groundwork for the plan – attracting a talented workforce, growing business and driving innovation. Today, unemployment is down to the lowest levels since before the Great Recession; personal and corporate income taxes are down; and businesses are choosing places like Binghamton, Johnson City and Corning as a destination in which to grow and invest. Now, the region is accelerating Southern Tier Soaring with a $500 million State investment through the Upstate Revitalization Initiative, announced by Governor Cuomo in December 2015. The State’s $500 million investment will incentivize private business to invest well over $2.5 billion – and the region’s plan, as submitted, projects up to 10,200 new jobs. More information is available here.     Contact: Shari Voorhees-Vincent | Shari.Voorhees-Vincent@esd.ny.gov | (585)399-7055 ESD Press Office | PressOffice@esd.ny.gov | (800) 260-7313  
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Press Release

Thursday, January 17, 2019 - 2:43pm
Will Draw Sports Teams from Throughout the Northeast to the Mohawk Valley Region Governor Andrew M. Cuomo today announced that $22 million in Upstate Revitalization Initiative grant funding has been awarded to the Upper Mohawk Valley Memorial Auditorium Authority for the construction of the Nexus Center, a world-class, tournament-based sports complex in downtown Utica. The Nexus Center will be a 169,440-square-foot facility to be utilized primarily for ice hockey, box lacrosse, soccer and other field sports, and will draw competitive youth teams from across the U.S and Canada. "The success of our downtown communities is vital to regional economic growth and this new world-class sports complex will help transform Utica and drive tourism in the area," Governor Cuomo said. "The Nexus Center is part of our bold vision to make downtown Utica a destination for visitors from across the globe and at the same time generate exciting new opportunities for Mohawk Valley residents." "This significant investment as part of the Upstate Revitalization Initiative for the construction of the Nexus Center will add a world-class sports facility in Utica," said Lieutenant Governor Kathy Hochul. "This tournament space will bring various teams to the area from across the country, attracting visitors to the Mohawk Valley and continuing to grow the economy of the region." This $44-million facility will be adjacent to the Adirondack Bank Center, the home of the American Hockey League's Utica Comets, Utica College men's and women's hockey programs, and the Utica Jr. Comets youth hockey organization. The ice can be easily transformed into field-based surfaces to attract sports that can be performed on a turf playing surface. In addition, the Nexus Center will feature more than 25 locker rooms, commercial office space, college classroom space, retail space, food and beverage services, and other multi-purpose training space. The Nexus Center is projected to host 24 hockey and 24 lacrosse tournaments each year and will see a projected 322,560 annual visitors who will spend more than $26 million a year during their stay in the Mohawk Valley Region. Read the full press release here. 
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Board Meeting

Thursday, January 17, 2019 - 9:30am
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Press Release

Wednesday, January 16, 2019 - 11:30am
The Erie Canal Harbor Development Corporation (ECHDC) today issued a Request for Proposals (RFP) for the operations and maintenance of First Buffalo River Marina on the city’s Outer Harbor.  This RFP is an opportunity to operate a popular marina on the Buffalo River directly across from Canalside.  The operations agreement is expected to be signed prior to the 2019 boating season to ensure a seamless transition for boaters.  In addition, the new marina operator will be required to assume all existing contracts at the marina and hold rates the same for the 2019 season.  Proposals are due to ECHDC by 2 p.m. on February 7, 2019. “The First Buffalo River Marina is a gem on the Outer Harbor – a place of leisure and activity for boaters and those who utilize the site,” said ECHDC Chairman Robert Gioia. “While this is an exciting opportunity for an operator to be involved at this popular site, slip holders can be assured that there will be no changes this upcoming season.” See a map of property here.  The 10-acre site includes approximately 2,000 square feet of water frontage, as well as a 115-slip boat marina, outdoor storage for approximately 300 boats, a boat launch pad, administration building, approximately 150 spaces for trailer parking and/or public patrons and a boat repair building. The site is also immediately adjacent to the Queen City Bike Ferry landing, Wilkeson Pointe, Times Beach Nature Preserve and the nearby U.S. Coast Guard station/Buffalo Lighthouse. Knoxville-based Safe Harbor, which currently operates Safe Harbor Marina at Buffalo Harbor State Park, was awarded a two-year contract by ECHDC to run the First Buffalo River Marina in January 2017.  That contract ran through the 2018 boating season. The full RFP is available here.  Note: a free account is required on the NYS Contract Reporter website to download the RFP).  A non-mandatory, pre-submittal site tour and meeting will be held at 3 p.m. on January 24, 2019 at the ECHDC offices at 95 Perry Street, Buffalo. Under Governor Andrew M. Cuomo’s leadership, New York State is making a historic commitment to improving and expanding access to outdoor recreation on Buffalo’s Outer Harbor.  In 2013, almost 400 acres of land on the Outer Harbor was transferred from the Niagara Frontier Transportation Authority (NFTA) to New York State.  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.  Buffalo Billion I committed $10 million for improvements to transform Buffalo Harbor State Park into a new visitor destination that continues the revitalization of the city’s waterfront.  Buffalo Billion I also committed $5 million for a project, now under construction, that will enhance access and facilitate greater public use/enjoyment of 20-acres at the southern end of the Outer Harbor.  The project includes a completed multi-use Greenbelt Trail, including pedestrian and bicycle amenities; two overlook locations; an urban bike park with skills features and off-road trails; an events lawn for passive and active recreational purposes; and three habitat restoration areas.  That project is slated to be completed by May 2019.  Buffalo Billion II commits $15 million for the three projects on the Outer Harbor now in planning. About Erie Canal Harbor Development Corporation The 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 nonvoting, 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. For more information on ECHDC, visit www.eriecanalharbor.com.     Contact: Pamm Lent | pamm.lent@esd.ny.gov | 716-846-8309 | (800) 260-7313 Laura Magee | laura.magee@esd.ny.gov | 716-846-8239 | (800) 260-7313
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Public Notice

Friday, January 11, 2019 - 1:00pm
 Staten Island Museum Capital Project
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Press Release

Thursday, January 10, 2019 - 5:13pm
Empire State Development (ESD) today announced that British-based Diageo, one of the largest alcohol beverage companies in the world, will relocate its primary North America office to New York City from Norwalk, Connecticut. Diageo will invest $31 million in the new 87,000 square foot office located at 3 World Trade Center. The project will attract 350 new jobs to the city and preserve roughly 150 existing Diageo jobs in New York City. Diageo North America will also continue to have a presence in Fairfield County, Connecticut. Operating as a global business with more than 200 brands in 180 countries, Diageo’s anticipated New York City office will host an estimated 500 total jobs and drive Diageo’s North America business. Members of the company’s commercial, marketing, legal, finance, human resources, corporate relations, and supply and procurement teams will operate from there. Empire State Development President, CEO and Commissioner Howard Zemsky said: “Thanks to smart investments in education, infrastructure and our business ecosystem, New York’s economy is still booming – and attracting major, multinational companies like Diageo. New Yorkers should raise a glass to this project and the hundreds of new jobs it creates, which will help continue to grow and diversify our economy.” Deirdre Mahlan, President of Diageo North America said: “We are delighted to partner with New York State on this exciting new chapter for Diageo North America.  We are confident that this move will further expand our access to diverse talent pools and capabilities, while helping us create the vibrant culture and workplace of the future that we aspire to.” The planned relocation is being supported by New York State through up to $6.6 million in performance-based Excelsior Tax Credits. The $31 million project is expected to be completed in early 2020. The announcement comes shortly after Diageo was named among the top 25 most diverse and inclusive companies for the third consecutive year, according to Thomson Reuters Diversity and Inclusion Index. Diageo has consistently been recognized among the best companies in the world in which to work, including recent accolades such as Britain’s Most Admired Company 2018 by Management Today; 100 percent score in the Human Rights Campaign (HRC) Corporate Equality Index; and Working Mother Magazine’s “100 Best Companies for Working Mothers”. Diageo’s selection of New York City as its North American hub highlights the company’s ongoing efforts to place attraction and retention of top talent, boosting diversity and celebrating inclusion at the heart of their business. About Diageo Diageo is a global leader in beverage alcohol with an outstanding collection of brands including Johnnie Walker, Crown Royal, Bulleit and Buchanan’s whiskies, Smirnoff, Cîroc and Ketel One vodkas, Captain Morgan, Baileys, Don Julio, Tanqueray and Guinness. Diageo is listed on both the New York Stock Exchange (DEO) and the London Stock Exchange (DGE) and our products are sold in more than 180 countries around the world.  For more information about Diageo, our people, our brands, and performance, visit us at www.diageo.com.  Visit Diageo’s global responsible drinking resource www.DRINKiQ.com, for information, initiatives and ways to share best practice. Follow us on Twitter for news and information about Diageo North America: @Diageo_NA. Celebrating life, every day, everywhere. About Empire State Development Empire State Development (ESD) is New York’s chief economic development agency (www.esd.ny.gov). The mission of ESD is to promote a vigorous and growing economy, encourage the creation of new job and economic opportunities, increase revenues to the State and its municipalities, and achieve stable and diversified local economies. Through the use of loans, grants, tax credits and other forms of financial assistance, ESD strives to enhance private business investment and growth to spur job creation and support prosperous communities across New York State. ESD is also the primary administrative agency overseeing Governor Cuomo’s Regional Economic Development Councils and the marketing of “I LOVE NEW YORK,” the State’s iconic tourism brand. For more information on Regional Councils and Empire State Development, visit www.regionalcouncils.ny.gov and www.esd.ny.gov.     Contact: Jack Sterne | jonathan.sterne@esd.ny.gov | (212) 803-3764 ESD Press Office | pressoffice@esd.ny.gov | (800) 260-7313
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Public Notice

Thursday, January 10, 2019 - 11:00am
SUNY Adirondack Culinary Arts Center Capital Project
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Public Notice

Wednesday, January 9, 2019 - 10:00am
SoYo Exalta- Larkin Capital Project
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Public Notice

Wednesday, January 9, 2019 - 10:00am
Regeneron Capital Project
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