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 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 ESD's Database of Economic Incentives, which provides a dynamic, user-friendly, searchable database of economic development projects that receive ESD support, or the 100+ economic development-related datasets available at data.ny.gov

Additional information is provided through reports published by our 10 Regional Economic Development Councils at regionalcouncils.ny.gov, as well as in the comprehensive archive of public meeting videos and materials published in the ESD Media Center.

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Press Release

Monday, September 12, 2022 - 5:13pm
Center Will Support the Sustainable Development of New York State Textiles for Wearable Technologies and Fashion Industry Use Will Establish a Physical Center To Connect Upstate Agriculture and Downstate Fashion Industries Focused on a More Sustainable Future Governor Kathy Hochul today announced $10 million in State funding for the Fashion Innovation Center, which will promote a collaborative approach to utilizing New York State-produced smart and sustainable textiles. Empire State Development will spearhead the creation of a consortium-led FIC, which will utilize expertise from New York State universities, farms, fashion industry leaders, and non-profit organizations. The FIC will focus on addressing fashion industry needs, utilizing New York State-produced crops for fiber materials, and cultivating technology that advances sustainability and innovation through wearable technologies in the fashion and textile industries. The FIC will also include a Sustainable Fashion Innovation Center Accelerator, focused on the creation of smart and sustainable alternatives that solve large scale industry problems, create green jobs, promote state-sourced textiles, and support sustainable fashion. Governor Hochul announced the new FIC during New York Fashion Week, which lasts from September 7 through September 14. In recognition of the industry-wide event, the Governor attended the Coach fashion show in New York City. "As the fashion capital of the world, New York is the perfect fit for cutting-edge solutions to make this booming industry more innovative and more sustainable," Governor Hochul said. "The Fashion Innovation Center will foster collaboration across fashion, agriculture, and other industries to to reduce our environmental footprint, limit waste and create opportunity across New York State." Empire State Development President, CEO and Commissioner Hope Knight said, "Agriculture is an important part of New York State's economy and as the fashion industry moves to a more sustainable future, we must capitalize on the opportunity to connect the agriculture and fashion industries, both vital to the future of our State. The new Fashion Innovation Center will make New York State a leader in promoting locally produced sustainable fibers, grow jobs, and help achieve Governor Hochul's nation-leading climate goals." New York State Agriculture Commissioner Richard A. Ball said, "Locally produced textiles, and the farmers that make them, are an important part of New York agriculture. We're excited that the Fashion Innovation Center's promotion of New York State farmers and manufacturers producing fiber and textiles supports our State economy and local communities while focusing on environmental sustainability - a win-win-win for all." Read the full press release here.
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Public Notice

Monday, September 12, 2022 - 2:00pm
View all grants to be presented at the batch virtual public hearing.
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Press Release

Monday, September 12, 2022 - 12:04pm
Canalside Gateway Building and Bell Slip Improvements will begin Erie Canal Harbor Development Corporation (ECHDC) today met and authorized several contracts that advance the Canalside Gateway Building and Bell Slip Improvement projects on Buffalo’s waterfront.  “The Canalside Gateway Building and Bell Slip Improvement projects will encourage and support more community use and public access on Buffalo’s waterfront,” said ECHDC Chairman Robert Gioia. “These improvements build upon exciting recently completed or under construction projects at Canalside and the Outer Harbor and will further connect the city to its waterfront.”  Improvements to the area around the Bell Slip on the Outer Harbor will provide a sense of place by reorganizing the existing parking surface, providing a comfort station with restrooms, and enhancing landscaping. The Greenbelt trail will be modified to connect to the Fuhrmann Greenway at a new roundabout. The existing Greenbelt trail along the edge of the Bell Slip will remain, but with a narrower width for pedestrian traffic. Along the backside of the comfort station will be a concrete patio with a walking path leading to the edge of the slip that will conclude at an overlook. A large portion of the site will include soil amendments and landscaping improvements, including forest, meadows, grasslands and pollinator fields. Renderings are available here. Several contracts associated with the Bell Slip improvement project, with contract terms running from September 2022 through December 31, 2023, were authorized by the ECHDC Board. They include: Sitework construction, awarded to Scott Lawn Yard at a contract amount not to exceed $2,231,571. Scott Lawn Yard's scope of service will include clearing the existing paved site surfaces, establishing the site parameters, excavating for site utilities, installation of landscaping and fence materials, new surface walkways and drives, and site enclosures. General construction, awarded to Javen Construction Company, Inc. at a contract amount not to exceed $1,869,000. Javen Construction’s scope of services will include new steel framing, steel framing preparation and painting, metal stud framing and wallboard, building enclosures, interior finishes, and select site work adjacent to the building.  Electrical construction, awarded to CIR Electrical Construction Corporation at a contract amount not to exceed $1,086,088. CIR Electric’s scope of service will include routing the new electric service from Fuhrmann Boulevard to the Bell Slip site, distribution of electric service within the Bell Slip site, and exterior lighting.  Mechanical construction, awarded to M.K.S. Plumbing Corporation at a contract amount not to exceed $131,000. M.K.S. Plumbing’s scope of service will include routing the new mechanical and plumbing service from Fuhrmann Boulevard to the Bell Slip comfort station, distribution of gas and water lines, and installation of mechanical systems within the enclosed building.  The North Aud Block redevelopment, a multiple building development atop a subsurface parking structure with buildings to reflect upon the historic street grid that once defined the area and sit within the current context of Canalside, will start with the construction of the Gateway Building.  The multi-story, masonry Gateway Building on the North Aud Block will be the first stop for all Canalside visitors. It will provide information, public restrooms, security, retail and ADA accessibility between the two-level Canalside site, while consolidating waterfront operations at the same location. Renderings are available here.  The Board authorized ECHDC to enter into a consultant agreement for construction management services with Buffalo Construction Consultants, Inc. at a contract amount not to exceed $1,250,898 for the Gateway Building.  Construction is expected to begin in 2023. Funding for all these contracts is from the New York Power Authority, through relicensing agreements tied to the operation of the Niagara Power Project.  The ECHDC Board of Directors also: Authorized ECHDC to enter into an amended agreement with New York Power Authority (NYPA), Erie County, the City of Buffalo and the Buffalo Olmsted Parks Conservancy and Empire State Development.  Governor Kathy Hochul previously announced this measure, which will jumpstart four major projects on the Outer Harbor and at Canalside. These projects complement recreation and transportation measures that will promote pedestrian access and continued equitable growth of the waterfront. Authorized ECHDC to enter into a contract amendment with TY Lin International to continue to provide North Aud Block development infrastructure architectural and engineering services. The total amount is now $1,559,248. Funding for this contract is from NYPA, through relicensing agreements tied to the operation of the Niagara Power Project.  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

Monday, September 12, 2022 - 10:30am
In accordance with current 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, September 9, 2022. All comments received by the deadline will be distributed to the Directors prior to the meeting and will be posted online.
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Board Meeting

Friday, September 9, 2022 - 11:00am
In accordance with current 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 noon on Thursday, September 8, 2022. All comments received by the deadline will be distributed to the Directors prior to the meeting and will be posted online.
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Press Release

Thursday, September 8, 2022 - 2:03pm
Company to Build State-of-the-Art, Emission-Free Facility at Niagara Falls Plant, Retaining 86 Jobs, Creating 11 New Jobs State Investment Supports the Goals of New York’s Climate Leadership and Community Protection Act, Which Calls for $29 Billion in Green Energy Investments Across the State Empire State Development (ESD) today announced Linde, a leading global industrial gases and engineering company, is expanding the scope of its North American PEM (Proton Exchange Membrane) electrolyzer project in Niagara Falls, which will now include a 35 MW electrolyzer plant. The new expanded project replaces a previously announced $17million proposal.  Hope Knight, Empire State Development President, CEO, and Commissioner said, “Linde’s planned production of emission-free green hydrogen fuel for industrial and other power needs, generated by hydroelectric power at Niagara Falls, will reduce greenhouse gas emissions and help advance Governor Hochul’s climate goals. This project also supports the Western NY Regional Economic Development Council’s focus on innovation and sustainability in advanced manufacturing, by expanding opportunities to upskill Niagara County’s workforce and investing in the technology of the future.” Green hydrogen is produced by using electrolysis, with an electric current splitting water into oxygen and hydrogen. Hydrogen-powered fuel cells (HFCs) are a popular choice among climate advocates as a potential source of emissions-free energy because they work utilizing a chemical reaction between hydrogen and oxygen in the air to generate clean electricity, creating only water and heat as byproducts. The investment at the plant, located at 4501 Royal Avenue, is part of Linde’s plans to help move towards a carbon-neutral New York and meet the state’s Climate Leadership and Community Protection Act (CLCPA) that calls for 100% zero-emission electricity by 2040.  Linde’s new technology leverages the existing infrastructure at the Niagara Falls facility and will be powered by renewable energy sourced from the Robert Moses Niagara Power Station when it starts production in 2025. Its electricity source makes this application truly green, as hydro-electric power from the Niagara River will drive the system.  The green hydrogen will be supplied to customers through the existing infrastructure at the Linde Niagara Falls site and has an opportunity to serve a growing customer base. It will also provide new opportunities for a cleantech workforce in Western New York and advances environmental justice in this community with an industrial past. To facilitate Linde’s conversion to an emission-free hydrogen production facility, Empire State Development offered tax credits of up to $2 million through the Excelsior Jobs Program. This new offer replaces a previous incentive, which has been terminated. In July, the New York Power Authority Board of Trustees approved a 22-MW low-cost hydropower award to Linde for its expansion project to further advance the firm's production of green hydrogen. Low-cost Niagara hydropower is available for companies within a 30-mile radius of the Power Authority's Niagara Power Project or businesses in Chautauqua County. Niagara hydropower is linked to tens of thousands of existing jobs in the region. Senator Robert Ortt said, “As we strive to rebuild our economy following the COVID-19 pandemic, the opportunity to retain 86 jobs and create nearly a dozen new jobs in Niagara Falls is more than welcome. The significance of these career opportunities to our area cannot be overstated, and this investment by New York State will go a long way to helping provided employment security to Western New York families during this uncertain time.” Assemblyman Angelo Morinello said, “Niagara Falls is eager to welcome Linde and their revolutionary, emission-free green energy facility to Western New York. This facility will further the region's investment into the state's Green Energy Program, facilitate the move towards a carbon-neutral New York and secure 86 jobs in this growing sector.  I want to thank Empire State Development, and I look forward to continued investments into zero-emission green energy in Niagara Falls and across the state.” City of Niagara Falls Mayor Robert Restaino said, "Linde has been an innovative  industry leader throughout its history and Niagara Falls is proud to be its home. This expansion and job creation reflects Linde's continued impact in our community. We appreciate the assistance of ESD in this project and thank Governor Hochul for her unwavering commitment to our region."   About Empire State Development Empire State Development (ESD) is New York’s chief economic development agency. 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 Hochul’s Regional Economic Development Councils and the marketing of “I LOVE NY” 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: Pamm Lent | [email protected] | (716) 846-8309 Laura Magee | [email protected] | (716) 846-8239
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Press Release

Wednesday, September 7, 2022 - 2:06pm
View Weekly I LOVE NY Fall Foliage Reports Available Every Wednesday, Beginning September 14, Here Watch New Broadcast and Digital Marketing Campaign Showcasing Popular Seasonal Attractions and Destinations Here Governor Kathy Hochul today announced the start of New York State's 2022 fall foliage and travel season, highlighted by the return of I LOVE NY's Fall Foliage Reports and a new I LOVE NY broadcast and digital marketing campaign to showcase popular fall activities and attractions. I LOVE NY is also collaborating with the state's network of heritage tourism destinations on this year's Path Through History Weekend, scheduled for October 8 to 10, which will feature special events and activations at the state's rich history and historic sites. "From colorful foliage and unparalleled natural landscapes to breathtaking historical sites and one-of-a-kind state parks, there's nothing like New York in the fall," Governor Hochul said. "During this season, we invite travelers from New York and out-of-state to plan a perfect autumn adventure - whether it's climbing an Adirondack peak, visiting a Long Island winery, or walking along Buffalo's waterfront - and see what our great state has to offer." Fall is one of New York's most popular travel seasons, attracting visitors from around the world who support local businesses while exploring the unique and diverse communities across the state. To help travelers and foliage enthusiasts plan a fall getaway, I LOVE NY's weekly foliage reports are issued every Wednesday, beginning on September 14. They are compiled using the on-location field observations from I LOVE NY's team of more than 85 volunteer leaf spotters throughout the state's 11 vacation regions. The spotters track color changes in their area, detailing the prevalent leaf colors, approximate percentage of change, and how much color change has progressed relative to peak conditions. The reports also include an interactive foliage map, available on the I LOVE NY website, that tracks weekly changes and progression across the state throughout the season. The map includes recommended foliage viewing locations in each of the state's vacation regions, plus examples of peak foliage in a given area, and information about popular local and regional attractions. New this year, the interactive foliage map will include an option to filter attractions by category, including food & drink, and arts & culture. Travelers are invited to share their photos of New York State's picturesque foliage on social media by using the #NYLovesFall hashtag. Photos submitted to this hashtag have a chance of being featured on the I LOVE NY fall foliage website and official I LOVE NY social media accounts reaching more than two million followers. I LOVE NY recently launched a TikTok account to reach additional audiences, complementing its existing accounts on Instagram, Facebook and Twitter. Thanks in part to its size and location, New York State traditionally has one of the longest and most colorful foliage seasons in the country. On any weekend from late September through mid-November, part of the state is likely experiencing peak foliage. Fall foliage reports and the interactive map are available at www.iloveny.com/foliage, or toll-free at 800-CALL-NYS (800-225-5697) from anywhere in the U.S., its territories and Canada. Empire State Development President, CEO and Commissioner Hope Knight said, "Tourism is a pillar of New York's economy, and fall travel is especially vital to family farms and small businesses, which are the backbone of so many communities across the state. This season offers the perfect opportunity to explore and experience New York's different regions, each with its own fall festivals, offerings and events that invite and welcome everyone." Empire State Development Vice President and Executive Director of Tourism Ross D. Levi said, "Every year, New York State becomes a wonderland of autumnal color. From our weekly foliage report letting travelers know where colors are peaking, to interactive maps helping them find attractions and dining experiences, to a running list of heritage events as part of Path Through History Weekend, I LOVE NY is pleased to provide tools to help guests take full advantage of one of the longest and most beautiful foliage seasons in the country. We welcome explorers from near and far to come be a part of it all and discover an autumn to fall in love with here in New York State." Read the full press release here.
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Press Release

Tuesday, September 6, 2022 - 4:53pm
$15.3 Million Awarded in First Round To Accelerate Growth in the Life Science Industry and Combat Infectious Diseases and Other Public Health Threats Applications and Fund Guidelines Available Here Applications Also Open for Fourth Round of $15 Million NYFIRST Grant Program To Bring World-Class Translational Researchers to New York State Governor Kathy Hochul today announced applications are now available for the second round of New York's $40 million Biodefense Commercialization Fund. The Fund, which awarded $15.3 million in grants to eight startups and 10 academic centers in April, was established to accelerate the development and commercialization of life science research innovations that address serious infectious disease health threats while creating jobs and encouraging continued growth across New York State's expanding life science industry. "Thanks to the $40 million Biodefense Commercialization Fund, New York businesses are applying lessons learned from the COVID-19 pandemic to spark innovation and grow the state's economy," Governor Hochul said. "With this funding, we are leading the fight to combat infectious diseases, bringing significant jobs and investment to New York State, and better preparing for our future. I am thrilled to announce that applications for the second round of funding are now live, and I encourage startups and early-stage companies to seize this opportunity to help grow our state's thriving life science sector." Empire State Development President, CEO, and Commissioner Hope Knight said, "The state's life science industry is a key driver of New York's economy. The Biodefense Commercialization Fund is playing a critical role in this, not only by turning scientific research conducted across the state into cutting edge treatments and solutions for serious infectious disease threats, but also by expanding the life science ecosystem and growing the economy." Read the full press release here.
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Press Release

Monday, September 5, 2022 - 4:00pm
Governor Kathy Hochul today announced that New York State will establish a Caribbean trade office to support and encourage new economic opportunities for New York businesses. This new foreign office will assist New York State companies with international sales and exporting their products and services to the Caribbean region. The Governor made the announcement at the West Indian American Day Carnival Association Breakfast.   "Today we are taking important steps to expand trade opportunities for New York State businesses in the Caribbean,"Governor Hochul said."This vibrant commercial region will help New York companies broaden and develop new partnerships as we begin a new and exciting chapter in our economic development relationship with this market."   Empire State Development President, CEO and Commissioner Hope Knight, said,"The new Global NY office in the Caribbean will help New York State businesses realize their full potential in accessing new international markets for their goods and services. Expanding international export opportunities supports business growth that in turn boosts the economy and creates more good-paying jobs for New Yorkers."  Read the full press release here.
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Press Release

Friday, September 2, 2022 - 4:12pm
Federal Build Back Better and State Funds Will Help Construct Battery Technology and Manufacturing Facility Supporting the Domestic Innovation and Commercialization of Next-Generation Battery Production Strategic Investments Further Establish Southern Tier Region as National Hub for Growing Energy Storage Industry and Advance New Energy New York Initiative Federal And NYS Investments Complement "Southern Tier Soaring" — The Region's Comprehensive Strategy to Revitalize Communities and Grow the Economy Governor Kathy Hochul today announced Binghamton University will receive a combined investment of $113.7 million to support the creation of Battery-NY, a cutting-edge technology development, manufacturing, and commercialization energy storage hub. In addition to $50 million in state funding first announced by Governor Hochul in her 2022 State of the State address, Binghamton University was selected by the U.S. Commerce Department's Economic Development Administration to receive $63.7 million in federal funding from the American Rescue Plan's Build Back Better Regional Challenge, a national competition that is providing transformative investments to develop and strengthen regional industry clusters across the country, that also enhance economic equity, create good-paying jobs, and further the United States' global competitiveness. Binghamton University was one of 21 chosen out of more than 500 applications originally which were narrowed to sixty applicants in round two of the challenge. Yesterday, Governor Hochul announced Western New York was awarded $25 million to spark local innovation, strengthen inclusive workforce development programs, and develop needed infrastructure in region.     "I congratulate Binghamton University on securing this critical funding through the the Biden administration's Build Back Better initiative," Governor Hochul said. "We remain laser-focused on strengthening New York's world-class education, with Binghamton University playing a key role in building the next generation of New York's clean energy industry. Combined with our multi-million-dollar state investment, this funding will help Binghamton University establish this state-of-the-art facility by advancing innovative research and bolstering New York's commitment to renewable energy -- creating a cleaner, more resilient future for all New Yorkers."    The combined funding will enable Binghamton University to establish Battery-NY at the Huron campus. In her State of the State address in January, Governor Hochul prioritized the creation of a cutting-edge next generation research & development, testing and small-scale manufacturing facility that will focus on the research, development, manufacturing, and commercialization of the next generation of batteries. The investments support the broader New Energy New York (NENY) initiative, whose goal is to create a National Hub for Battery Innovation and Manufacturing. The state's investment will be funded through the Upstate Revitalization Initiative to further support the Southern Tier's growing battery manufacturing industry. Read the full press release here.
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