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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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Public Notice

Friday, October 11, 2019 - 1:30pm
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Public Notice

Friday, October 11, 2019 - 10:00am
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Public Notice

Thursday, October 10, 2019 - 3:00pm
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Public Notice

Thursday, October 10, 2019 - 3:00pm
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Press Release

Thursday, October 10, 2019 - 1:20pm
Expansion Will Allow Market to Provide Fresh Foods in a Federally Recognized "Food Desert" Funding Comes from Buffalo's East Side Corridor Economic Development Fund Governor Andrew M. Cuomo today announced the groundbreaking for Mandela Market's expansion project on the East Side of Buffalo. The $145,000 expansion on East Ferry Street will allow for an increase in fresh and prepared food options in a federally recognized "food desert" where current options are not accessible for the neighborhood. The market will receive funding from the state's East Side Corridor Economic Development Fund. The project is expected to be complete in Spring of 2020. "New York State is laser focused on growing Buffalo's unprecedented momentum, and our investments in the four main north-south commercial corridors has sparked the revitalization of Buffalo's East Side," Governor Cuomo said. "Access to fresh, quality food options is critical to the growth and prosperity of a community, and the Mandela Market expansion will address the unique circumstances experienced within the East Side, leading to a stronger, thriving Buffalo for generations to come." "Ahmed Saleh and all immigrants who call Buffalo home are making our community stronger. We are proud to support projects like the expansion of the Mandela Market and the continuing revitalization of Buffalo's East side," said Lieutenant Governor Kathy Hochul, who spoke at today's event. "Lack of access to fresh food is a social injustice, and here in New York we are focused on alleviating food insecurity. The expanded Mandela Market will make it easier for Buffalo residents to access fresh fruits and vegetables - helping to ensure all families can put good food on the table." Read the full press release here. 
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Press Release

Wednesday, October 9, 2019 - 3:06pm
State to Collaborate with Southern Tier Regional Economic Development Council to Revitalize Hornell's Downtown Part of Governor's Comprehensive Approach to Transform Communities into Vibrant Neighborhoods and Boost Local Economies Downtown Revitalization Investments Complement "Southern Tier Soaring" - The Region's Comprehensive Strategy to Revitalize Communities and Grow the Economy Governor Andrew M. Cuomo today announced that Hornell will receive $10 million in funding as the Southern Tier winner of the fourth round of the Downtown Revitalization Initiative. As in the first three rounds of the DRI, one municipality from each of the state's 10 regional economic development regions is selected as a $10 million winner, marking another overall state goal to target $100 million in funding and investments to help communities boost their economies by transforming downtowns into vibrant neighborhoods where the next generation of New Yorkers will want to live, work and raise a family. "With this funding Hornell has a great opportunity to enhance its downtown area and secure better quality of life for the residents, along with a more robust economic future for the region," Governor Cuomo said. "We have seen a remarkable resurgence across New York's Southern Tier communities as a result of strategic investments through programs like the Downtown Revitalization Initiative, and we will continue to work with and empower these communities as they work to make the most of their local assets." "With funding from the Downtown Revitalization Initiative, Hornell will be able to reimagine its future and invest in key projects to grow the local economy," said Lieutenant Governor Kathy Hochul. "I've been to DRI communities across New York, and have seen firsthand the transformation that occurs with this targeted investment. The City of Hornell will now begin a planning effort to support local projects and attract businesses to the area, helping to boost the entire Southern Tier region." Read the full press release here. 
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Public Notice

Wednesday, October 9, 2019 - 2:30pm
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Public Notice

Wednesday, October 9, 2019 - 1:00pm
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Press Release

Wednesday, October 9, 2019 - 10:22am
Bankers Healthcare Group Will Create 330 New Jobs in the Salt City JMA Wireless, a Global Innovator of Technology that Designs and Builds Next-Generation Communication Systems, Will Create 100 jobs in Central New York Both Investments Complement "CNY Rising" - The Region's Comprehensive Strategy to Revitalize Communities and Grow the Economy Governor Andrew M. Cuomo today announced the expansions of two industry-leading companies in Syracuse located in the Central New York Region that will grow the region's economy. Bankers Health Group, LLC will relocate and consolidate several of their Central New York operations in Syracuse to a newly constructed facility located at 300-324 Spencer Street. JMA Wireless committed to move the manufacturing of 5G equipment from Texas to the historic Coyne Building in the southeast gateway to downtown Syracuse. These two companies will create more than 400 jobs altogether. "We're laser-focused on bringing major companies into Central New York and this announcement demonstrates our strategic, regionally based approach to economic development is bringing tangible results," Governor Cuomo said. "By expanding into Central New York, these two companies will help transform the region, create new employment opportunities and generate even more economic momentum across upstate New York." "Syracuse is continuing to grow with new businesses and serve as a hub for innovation," said Lieutenant Governor Kathy Hochul. "The expansion of Bankers Healthcare Group and JMA Wireless will add hundreds of jobs in the area and further advance the high-tech industry in Central New York. These investments will strengthen the region's economy, further revitalize the area, and create new opportunities for New Yorkers." Read the full press release here. 
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Public Notice

Monday, October 7, 2019 - 3:00pm
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