Empire State Development reports

ESD is dedicated to sharing information about its work with the public. In this Reports section, you can find many of the more than 50 quarterly and annual reports that we provide each year, detailing key New York State economic development projects and initiatives.

In addition to the reports published below, you may also wish to explore the 100+ economic development-related datasets available at data.ny.gov, access the detailed progress reports published annually by our 10 Regional Economic Development Councils at regionalcouncils.ny.gov, or view the comprehensive archive of public meeting videos and materials published in the ESD Media Center.

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Board Meeting

Thursday, July 27, 2017 - 9:30am
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Press Release

Wednesday, July 19, 2017 - 1:15pm
RFP Available Here Erie Canal Harbor Development Corporation (ECHDC) today issued a Request for Proposals (RFP) for two parcels of the South Aud Block, which will allow New York State to proceed with the next exciting phase of development at Canalside in Buffalo.  ECHDC encourages mixed-use plans that increase and diversify neighborhood offerings, attractions and opportunities.  The parcels are located along the canal system at Main Street in the heart of the vibrant Canalside project.  The state will enhance the development with approximately $2 million for reconstructed streets and other required infrastructure.  Proposals are due to ECHDC by 2 p.m. on October 5, 2017. “This is an invitation for both small and large developers to create a neighborhood feel at Canalside with restaurants and entertainment venues on the street level and residential on the floors above," said Erie Canal Harbor Development Corporation Chairman Robert Gioia. “It is an exciting time for ECHDC, as the state’s investment to make Canalside a true destination has paid off and we can solicit a variety of private developers to further the success of Canalside.” The two parcels on the approximately half acre site—located across Main Street from One Canalside and the HarborCenter and adjacent to the popular replica canals and the future Explore & More Children’s Museum—are considered prime downtown parcels due to their proximity to Buffalo’s revitalized waterfront.  Last year, more than 1.5 million people visited Canalside.  The parcels are bounded on the north by the new canals, on the east by Main Street, on the west by Lloyd Street and the south by Canal Street/Marine Drive.  The site is split into two parcels by the former Prime Slip right-of-way and proposals will be considered for the use and redevelopment of one or both parcels. The RFP seeks mixed-use proposals from large and small experienced real estate developers for the purchase, long-term lease or a combination thereof, and redevelopment of the parcel(s) of land in accordance with the overall Canalside Modified General Project Plan (MGPP).  New York State will accept any and all development proposals for uses and activities at the property, although retail/restaurant is envisioned on the tow path/at-grade level, with residential and office space on upper floors of the building.  ECHDC has a preference for locally-owned and operated retail and restaurants as opposed to national chain operations.  New York State Brownfield Tax Credits will also be available to the developer.  The RFP permits a variety of proposed land uses, though proposals are required to include certain design features, such as reconstructed streets, heated sidewalks, Interpretive Prime Slip and canal lighting, which will be completed by the designated developer, as approved by ECHDC.  ECHDC will provide approximately $2 million for the capital construction of these required features.  About Canalside  Canalside is a growing regional destination and entertainment district, situated on 21 historic acres along downtown Buffalo’s emerging waterfront on the Buffalo River. Canalside earns its name from its storied past, when the Erie Canal Harbor was built in 1825 as the western terminus of the Erie Canal. Until five years ago, the land was barren and inaccessible, but the area has been reclaimed by the state’s Erie Canal Harbor Development Corp. and developed with millions of dollars in public and private investment. With more than 1,000 yearly events and 1.5 million annual visitors, Canalside is fast becoming the go-to place for in- and out-of-towners of all ages to learn, play and relax. About Erie Canal Harbor Development Corporation A nine-member board consisting of seven voting directors and two non-voting, ex-officio directors governs the Erie Canal Harbor Development Corp. 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 Erie County executive and the City of Buffalo mayor hold the two non-voting, ex-officio director positions. For more information on ECHDC, visit www.eriecanalharbor.com. Contact: Pamm Lent (Governor’s Office) | pamm.lent@esd.ny.gov | (716) 846-8309
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Public Notice

Tuesday, July 18, 2017 - 7:00pm
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Public Notice

Tuesday, July 18, 2017 - 4:15pm
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Press Release

Tuesday, July 18, 2017 - 2:00pm
Investment Complements "Finger Lakes Forward" - the Region's Comprehensive Strategy to Revitalize Communities and Grow the Economy Governor Andrew M. Cuomo today announced the expansion of eHealth Technologies in Henrietta, Monroe County. The renowned healthcare data software firm expects to create up to 160 new full-time positions and retain another 215 positions. The company is also expanding its current facility on Thruway Park Drive by 12,000-square-feet, with the project expected to be completed by September. "The progress we have seen across upstate New York is undeniable and eHealth Technologies' continued investment in the region is yet another clear signal the Finger Lakes is moving forward," Governor Cuomo said. "eHealth has a very bright future in the region and we are proud to partner with them to ensure they continue to call New York home.  By working to create jobs and strengthen our local economies, we are setting generations of New Yorkers up for success." Read the press release here. 
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Press Release

Tuesday, July 18, 2017 - 1:29pm
$42 Million Project will Transform Property into Upscale Hotel - Renderings Here Governor Andrew M. Cuomo today announced Brine Wells Development LLC has been chosen as the developer for the restoration of the historic Hotel Niagara in downtown Niagara Falls, New York. The Hotel Niagara is the oldest standing hotel in Niagara Falls and retains much of the architectural integrity that once made it an iconic piece of the city's skyline. The approximately $42 million project will utilize historic preservation tax credits to transform the property into a full-service, 130-room upscale hotel with restaurants, lounges and banquet facilities. The USA Niagara Development Corporation, a subsidiary of Empire State Development, officially selected Brine Wells Development at its Board of Directors meeting this morning. The property is expected to re-open in spring 2019. Renderings are available here. "Our strategic investments, from parks to infrastructure to the hotel and hospitality industry, are reinvigorating tourism in Niagara Falls, and the return of the Hotel Niagara is the crown jewel of this revival," Governor Cuomo said. "Across the state, we are driving regional economic growth by investing in the unique strengths of each community, and today we continue to move Western New York forward." Read the full press release here. 
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Public Notice

Tuesday, July 18, 2017 - 1:00pm
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