Schenectady County Wins Regional Economic Development Funding

Schenectady County Wins Regional Economic Development Funding

For Immediate Release:
Contact:    Joe McQueen
(518) 388-4772

December 8, 2016


Schenectady County Wins Regional Economic Development Funding

Mill Project in Schenectady Receives One of Largest Awards in Capital Region


(Schenectady County, NY) Schenectady County officials today thanked Governor Cuomo and the Capital Regional Economic Development Council for selecting several projects for funding that will create jobs and help continue the economic comeback of Schenectady.

Anthony Jasenski, Chair of the Schenectady County Legislature said, “These grant awards will help us leverage private funding to create jobs and bring even more excitement to Schenectady County.  We thank Governor Cuomo for continuing to robustly support our economic development efforts.”

The Mill Artisan District received $2.325 million to renovate buildings on lower State Street, Mill Lane and South Church Street in downtown Schenectady. The project will result in more than $10 million in new investment creating space in renovated buildings for the craft industry and artisans as well as space for loft housing, tech offices and artist studios.

“This project will help us fix seven buildings creating a clustering of artists and artisans in a new development downtown that will join with the new Gateway Park and other nearby investments like the $20 million renovation of the former YMCA to provide a major boost to lower State Street,” said Ray Gillen, Metroplex Chair.

The second project selected for state funding of $150,000 will create a dock for larger boats at Mohawk Harbor –Schenectady’s $500 million waterfront development project. The new dock will help provide space for larger vessels complementing the new 50 slip marina already built at the new waterfront site.

Another project that received $750,000 in funding is a new advanced manufacturing center to be built by P1 Industries in Schenectady. P1 will construct a new 10,000 square foot facility at 17 Mohawk Avenue in Schenectady. The new manufacturing center will be located adjacent to P1’s existing machining facility.  The new facility will include a new machining center, labs, classrooms and conference rooms.  P1 also operates a manufacturing facility on Technology Drive in Schenectady.  The company employs 85 in Schenectady and is growing.

The County is also working with the Town of Glenville on a plan to continue to improve the Glenville Business and Technology Park, one of the largest business parks in the Capital Region. This project was funded at $47,500.

SUNY SCCC will benefit from a grant of $49,812 to implement training programs for student interested in software training.  These programs have proven to be very effective in helping students land jobs in the fast growing coding sector.

The Schenectady Community Action Program (SCAP) received $100,000 for job training efforts and the Schenectady county Water Quality Coordinating Committee received $61,500.

The $2.325 million awarded to the Mill Project was the 4th largest award in the Capital Region.



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