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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Press Release

Tuesday, June 18, 2019 - 2:11pm
State Investment Complements “Finger Lakes Forward” – The Region’s Comprehensive Strategy to Revitalize Communities and Grow the Economy Empire State Development (ESD) today announced its investment in cybersecurity and risk management consulting company Security Risk Advisors (SRA). ESD has offered up to $900,000 through the Excelsior Jobs program to aid the successful company with its move to the City of Rochester, Monroe County. Because of the support from New York State, the company plans to create up to 67 new jobs in the region over the next five years. Headquartered in Philadelphia, Security Risk Advisors will open an office at the Culver Road Armory where it plans to be operational in the fall.  The total project cost has been placed at a little more than $11.5 million. Monroe County, the City of Rochester and Greater Rochester Enterprise are also assisting with the project. Empire State Development President, CEO & Commissioner Howard Zemsky said, "Security Risk Advisors has recognized the Finger Lakes region as a growing high-tech hub for the cybersecurity industry, with a highly skilled talent pool that is drawing cutting-edge companies to Rochester to create 21st century jobs.” Founded in 2010, Security Risk Advisors began by using a virtual office model. In 2017, their strategy to grow by mentoring a larger number of University hires led to the decision to open their headquarters in Philadelphia.  Security Risk Advisors decided to open its first New York State location in the City of Rochester due to the large, local talent pool available via the Finger Lakes regions’ 19 renowned colleges and universities. Security Risk Advisors Director Mike Pinch said, “We are proud to partner with Empire State Development, Greater Rochester Enterprise, the City of Rochester and Monroe County to establish our office in Rochester. Our talent development program starts with students, and the cybersecurity talent pool in Rochester is second to none. The proximity to top colleges and industry leading companies, in addition to the quality of life in Western New York made the decision to open our second office in Rochester an easy one. Security Risk Advisors looks forward to great success delivering world-class consulting services, contributing high-quality cybersecurity thought leadership, and developing the next generation of security professionals here in Rochester.” Security Risk Advisors provides cybersecurity expertise to its clients with a focus on the Fortune and Global 1000. Their services include ethical hacking, risk assessments, compliance, engineering, and managed detection and response. The forward-thinking company contributes to industry thought leadership by developing free software, mentoring students and sponsoring cyber competitions and women-in-cyber conferences. State Senator Rich Funke said, "Any time a business relocates to our area or invests additional capital here it's a good day. Security Risk Advisors is a cutting-edge company with a much needed 21st century mission. I'm so pleased that they will call the Finger Lakes home." State Assembly Member Harry Bronson said, "The Finger Lakes regional economy is becoming a leader in cybersecurity and the high-tech fields that will define our 21st century economy. I am pleased to see Security Risk Advisors recognize the pipeline of highly skilled workers in the Rochester community, and applaud them for bringing new jobs to the 138th Assembly District. I also want to applaud Governor Cuomo and the team at Empire State Development for the incredible work they do in moving the Finger Lakes forward." Rochester Mayor Lovely A. Warren said, “I want to congratulate and thank Security Risk Advisors for making the decision to move to Rochester and utilize our highly skilled workforce. I am also grateful to Governor Cuomo and Empire State Development for always working to retain and create jobs in Rochester through Finger Lakes Forward. Together, we are advancing towards our mission of creating more jobs, safer, more vibrant neighborhoods and better educational opportunities for Rochester’s citizens.” Monroe County Executive Cheryl Dinolfo said, "Monroe County is home to an experienced workforce, top tier higher education institutions, and a rapidly growing tech sector. We're thrilled to welcome Security Risk Advisors to our community and we look forward to continuing to work with them to create more jobs in the years to come. This investment is proof that Monroe County is open for business!" Matt Hurlbutt, President & CEO, Greater Rochester Enterprise said, “We are pleased that Security Risk Advisors will open a new office here and leverage the Greater Rochester, NY region’s highly skilled workforce and low cost of doing business. When it comes to cybersecurity, the Greater Rochester, NY region has the top-tier tech talent and leading-edge R&D assets at RIT and University of Rochester that companies such as SRA need to grow.” For more Information about Security Risk Advisors, click here. Accelerating Finger Lakes Forward  Today’s announcement complements “Finger Lakes Forward,” the region’s comprehensive blueprint to generate robust economic growth and community development. The State has already invested more than $6.1 billion in the region since 2012 to lay the groundwork for the plan – investing in key industries including photonics, agriculture‎ and food production, and advanced manufacturing. 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 Rochester, Batavia and Canandaigua as a destination to grow and invest in. Now, the region is accelerating Finger Lakes Forward 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 8,200 new jobs. More information is available here. ​
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Public Notice

Tuesday, June 18, 2019 - 11:00am
West Shore BID Stormwater Mitigation Project
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Public Notice

Monday, June 17, 2019 - 5:30pm
New York Liberty Development Corporation 2019 Bonds TEFRA Project
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Press Release

Monday, June 17, 2019 - 4:50pm
Applications Will Be Accepted Through September 23, 2019 Luminate NY is a Key Initiative in "Finger Lakes Forward" - The Region's Comprehensive Strategy to Revitalize Communities and Grow the Economy Governor Andrew M. Cuomo today announced that Luminate NY - the world's largest business accelerator for startup firms in the optics, photonics and imaging industries - is now accepting applications for Round III of the innovative competition. Selected teams will compete for one of ten available slots in the third cohort of companies. The Luminate NY accelerator, located in Rochester, assists promising optics, photonics and imaging companies with advancing their technologies and businesses through the assistance of a six-month mentoring program. Once selected, teams will compete for follow-on funding, including a $1 million top prize; $500,000 second prize; and two $250,000 prizes that will be awarded to two teams. The Luminate NY program is funded by the transformative Finger Lakes Forward Upstate Revitalization Initiative. "Luminate NY is a globally recognized competition and resource for the most promising new companies in the cutting-edge fields of optics, photonics and imaging," Governor Cuomo said. "This accelerator represents just one of the many strategic industry investments New York is making to foster new business growth and improve job opportunities as we continue working to propel the Finger Lakes economy forward." "Our business plan competitions have proven to be a catalyst for driving great ideas and job growth across the state," said Lieutenant Governor Kathy Hochul. "Luminate NY is part of our strategy to encourage collaboration and provide support to the growing OPI industry in the Finger Lakes region. As we begin a new round, we remain committed to embracing Rochester's spirit of innovation to deliver ambitious plans focused on the future." Read the complete press release here. 
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Public Notice

Thursday, June 13, 2019 - 4:00pm
Cold Spring Harbor Capital Project
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Public Notice

Thursday, June 13, 2019 - 3:00pm
Doyle Hardware Building Capital Project
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Public Notice

Thursday, June 13, 2019 - 3:00pm
National Audubon Society Capital Project
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Press Release

Thursday, June 13, 2019 - 11:52am
Erie Canal Harbor Development Corporation (ECHDC) today announced that it will hold a public open house on Tuesday, June 18, to discuss the design for street and parking facilities on the northern part of the former Memorial Auditorium Block, more commonly known as the North Aud Block, at Canalside.  In August 2018, Governor Andrew M. Cuomo announced $10 million in funding to transform the North Aud Block. This project aims to reintroduce portions of the block’s historic street grid, including walkable areas. It will also create parking and other underground infrastructure. These publicly-funded improvements will ultimately support future private development. “We are looking to reintroduce elements of the historic street pattern that once traversed the Erie Canal at what we now call the North Aud Block,” said Erie Canal Harbor Development Corporation Chairman Robert Gioia.  “We welcome the public’s input as we begin the planning and design stage of this important project.” The North Aud Block is bounded by Lower Terrace to the north, Main Street to the east, the canals to the south, and Commercial and Pearl streets to the west. See a map of property here. The public open house will be held at the Pavilion at Canalside (on the canals, across from the new Explore & More Children’s Museum) on Tuesday, June 18, from 5:30 to 7:30 p.m.  There will be a short presentation at 6 p.m.  The purpose of the open house is to share information about the project and seek feedback from members of the public. Throughout the project, the ECHDC will continue to seek feedback from stakeholders and members of the public through interviews, small group meetings, a design workshop, an online survey and a public open house. TY Lin International, a multi-discipline engineering firm with more than 60 years of experience in successful infrastructure development—including the design of multi-functional public landscapes and urban buildings—was selected by ECHDC to design, bid and provide construction management services for the development of infrastructure on the North Aud Block.   ECHDC previously completed construction in 2014 of a series of “canals” on the South Aud Block based on the historical Erie and Hamburg canals. These canals are shallow, and support ice skating in the winter and other activities including paddle and pedal boats in the summer. Construction also included the creation of public spaces and bridges. These added canal features have grown in popularity and attendance each year and are attracting private investment, such as the newly opened Explore & More Children’s Museum and Heritage Point, which will break ground soon. 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 | [email protected] | 716-846-8309 | (800) 260-7313 Laura Magee | [email protected] | 716-846-8239 | (800) 260-7313
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Press Release

Thursday, June 13, 2019 - 11:43am
Investment Complements “Finger Lakes Forward” – The Region’s Comprehensive Strategy to Revitalize Communities and Grow the Economy Empire State Development (ESD) today announced that soft-sided bag manufacturer Fieldtex Products has outgrown its current space in Henrietta and will move its operations up the road to a 129,000 square-foot facility located at 2921 Brighton-Henrietta Townline Road that is currently owned by Alleson Athletics.  Fieldtex will be acquiring the building. Alleson Althletics, a sports gear company, is significantly reducing its workforce at that location and Fieldtex hopes to employ some of the workers who will be left displaced as a result. Fieldtex expects to complete the expansion project in the first quarter of 2020 and is planning to hire up to 51 new employees over the next five years;205 jobs will be retained thanks to the state’s investment in the successful business. Empire State Development President, CEO & Commissioner Howard Zemsky said, "Fieldtex’s decision to expand in Monroe County, creating new jobs and opportunity, reflects New York State’s commitment to growing the Finger Lakes economy.” Fieldtex is a family-owned business that is divided into three divisions. The company manufactures soft-sided cases, bags and harnesses for military, health, school and sports markets.  They also assemble first-aid kits and administer medicare Part C, OTC drug fulfillment programs.  Originally established in 1843 as the J.E. Field Company, which manufactured awnings and tents, the Abbey family purchased the company in 1973. Fieldtex started on Elton Street in southeast Rochester before moving to Henrietta 20 years ago.  The company has many long-standing supply relationships with several top companies and organizations such as Harris Communication Systems,  the U.S Coast Guard and Gateway Health. Jonathon L. Abbey, Vice President of Fieldtex said, “Fieldtex is excited to be expanding in Rochester and looking forward to adding new employees to our team in the years ahead.” In order to facilitate the further expansion of this storied company, ESD will provide up to $500,000 through the Excelsior Jobs Program in exchange for job creation commitments. Monroe County and Greater Rochester Enterprise are also assisting with the project. The total cost of the expansion has been placed at $6.5 million. State Senator Patrick Gallivan said, "The decision by Fieldtex Products to stay and expand in Henrietta speaks to the commitment this family-owned business has made to our community.  The company’s investment will retain existing jobs and create new opportunities for residents who want to live in the Rochester area.  New York’s support of this expansion sends a positive message that the Finger Lakes Region is a good place to start and grow a business.” State Assembly Member Harry Bronson said, "The growth and expansion of a local company is a promising sign of community's economic momentum. I applaud the Fieldtex team for providing employment opportunities for our talented workforce, and I thank the Governor and Empire State Development for their work to make this exciting news a reality." Monroe County Executive Cheryl Dinolfo said, "Monroe County is proud to support Fieldtex Products, which is expanding and creating 51 new jobs in Henrietta. Our community continues to be a hub of advanced manufacturing, leveraging the talented local workforce and unique amenities offered here. I thank the Fieldtex team for their investment and look forward to working with them to create more jobs for many years to come!" Henrietta Town Supervisor Steve Schultz said, “I would like to congratulate Fieldtex  on the company’s  continued success in the  Town of Henrietta. We are always excited when an established company is able to repurpose an existing building, thus helping preserve greenspace in the Town. The growth of medical manufacturing in the area is a testament to the great educational institutions we have in the area and the strong expertise of our local workforce.” Matt Hurlbutt, president and CEO, Greater Rochester Enterprise said, “We are pleased Fieldtex Products, Inc. chose to expand its operations in Rochester, NY and leverage the talent as well as facilities uniquely available here to accelerate the company’s growth.” For more information about Fieldtex, click here. Accelerating Finger Lakes Forward  Today’s announcement complements “Finger Lakes Forward,” the region’s comprehensive blueprint to generate robust economic growth and community development. The State has already invested more than $6.1 billion in the region since 2012 to lay the groundwork for the plan – investing in key industries including photonics, agriculture‎ and food production, and advanced manufacturing. 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 Rochester, Batavia and Canandaigua as a destination to grow and invest in. Now, the region is accelerating Finger Lakes Forward 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 8,200 new jobs. More information is available here. ​   Contact: Shari Voorhees-Vincent | [email protected] | (585) 399-7055 Press Office | [email protected] | (800) 260-7313
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