economic development

2:54pm

Thu February 6, 2014
Business

Destiny USA has new plans to build its own hotel

Destiny USA

The owners of the Destiny USA mega-mall and entertainment center in Syracuse again have plans to build a hotel as part of its complex along Onondaga Lake.

The mall this week sent a letter to Mayor Stephanie Miner and Onondaga County Executive Joanie Mahoney. A spokesman for the mayor confirmed they received the letter but had no further comment. The mayor has long opposed the mall's large and lengthy property tax break.

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4:37pm

Wed January 29, 2014
The Upstate Economy

$100 million for amphitheater, housing coming to Solvay

Gov. Andrew Cuomo discusses Onondaga Lake redevelopment in Solvay, N.Y.
Ryan Delaney WRVO

A combined $100 million redevelopment project for the western side of Onondaga Lake will bring new housing and street upgrades to the village of Solvay and a 17,000 seat entertainment venue to the shoreline of the lake.

It's not the project Onondaga County Executive Joanie Mahoney hoped to bring Gov. Andrew Cuomo to town to announce, but when Syracuse Mayor Stephanie Miner derailed Mahoney's and Syracuse University's idea for a new athletic stadium in the city, the county executive quickly shifted to this one.

"This project hits it exactly right," said Cuomo.

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7:49am

Fri January 10, 2014
Regional Coverage

Cuomo comments on recidivism against backdrop of prison closures

Image from Gov. Andrew Cuomo's 2014 State of the State address.
governor.ny.gov

In his State of the State speech this week, Gov. Andrew Cuomo once again blasted New York's state prison system, describing what he called the "madness" of mass incarceration in New York.  

That tough language follows Cuomo's declaration in his State of the State address three years ago that prisons should no longer be used to boost economic development in rural upstate communities.

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8:13am

Thu December 12, 2013
The Upstate Economy

Several regions win big at Regional Economic Development Council awards

Each region was given a portion of $715 million in state money for economic development.
acchamber.org

There were several big winners amongst the state’s Regional Empire Development Council, as five walked away with more than $80 million each, during the third annual set of awards announced Wednesday.     

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5:18pm

Wed December 11, 2013
The Upstate Economy

Central New York given $66.9 million in regional council awards

The former NYNEX building on East Washington St. in Syracuse was given $2.8 million for a conversion to mixed-use space, including apartments.
screenshot Google Maps

Central New York missed securing a hat-trick in the latest of the state's economic development awards competition, known as the Regional Economic Development Councils.

Gov. Andrew Cuomo handed out $715.9 million is grants and incentives to more than 800 projects across the state in the third year of his regional councils Wednesday.

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3:15pm

Tue December 10, 2013
The Upstate Economy

State subsidy system lacks transparency at regional level

Snapshot of IDA performance in central New York.
ALIGN

New York state’s economic development programs lack transparency and accountability at a regional level, according to a new report released Monday by the left-leaning Alliance for a Greater New York (ALIGN).

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7:14am

Wed November 20, 2013
Politics and Government

Progressive groups weigh in on tax reform

Taxes and tax reform are likely to be a major topic in the next legislative session, which begins in seven weeks. Gov. Andrew Cuomo is relying on two separate commissions for ideas about tax changes, while progressive groups and Republicans in the State Senate are also weighing in.

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7:49am

Thu October 24, 2013
Politics and Government

New York Jobs Now coalition rallies in support of casino referendum

New York Jobs Now suggests that the proposed casinos could bring 10,000 jobs to New York state.
Ellen Abbott WRVO

Supporters of casino-style gambling are making themselves heard in central New York two weeks before Election Day. A coalition of economic development, labor leaders and politicians, called the New York Jobs Now coalition, is encouraging voters to support Proposal Number One, which would allow non-Indian casino gambling in upstate New York. Boosters say the whole state would benefit from this initiative in a couple of ways.

For State Senator Dave Valesky of Oneida, approving gambling upstate is a no-brainer.

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8:08am

Mon October 7, 2013
Business

Onondaga County to vote on proposed 2014 budget this week

Onondaga County lawmakers vote this week on the proposed $122 million 2014 budget. The spending plan includes a slight decrease in the tax rate along with some spending cuts. One additional fund that's being proposed in the budget is a pot of money that would be available for economic development projects.

Onondaga County Executive Joanie Mahoney has seen it before in central New York; economic development projects die because they can't get those last final dollars in place. So what does she the propose in order to correct the problem?

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6:48am

Fri September 27, 2013
Politics and Government

State's Capital Plan needs more detail, says watchdog group

A budget watchdog group says New York’s new 10 year plan of how it will spend more than $174 billion in road, bridge and numerous other projects lacks transparency and needs more details on how it will all be paid for.

Gov. Andrew Cuomo’s administration, for the first time, has compiled a list of all the state improvement projects anticipated for the next 10 years, for a total estimated cost of $174.4 billion.

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1:01pm

Fri August 23, 2013
The Upstate Economy

New York in the World: Interview with Jonathan Bowles

Jonathan Bowles, Center for an Urban Future

The SUNY Levin Institute’s New York in the World report was prepared by the Center for an Urban Future headed by Jonathan Bowles. Bowles sat down with Garrick Utley to discuss the current state of New York's economy, and its future.

Garrick Utley:  Jonathan Bowles, you and your team worked on this report New York and the World for a long time. You examined the state of New York, the city of New York. What impression did you come away with in terms of the state of New York in the world today?

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4:29pm

Tue June 4, 2013
The Upstate Economy

Greek yogurt plant could boost upstate dairy industry

Sen. Schumer joins Pepsi CEO Indra Nooyi and Theo Muller in taking a scoop from a giant Mulle Quaker yogurt tub
Kate O'Connell

Upstate New York’s newest Greek yogurt factory opened its doors in Batavia, Monday. The factory is a joint venture between Pepsi and German dairy giant, the Theo Muller Group. The Muller Quaker Dairy Plant is touted as a shot in the arm for the dairy industry in western New York.

The 350,000 square foot facility will produce several yogurt products, including the fast growing Greek yogurt varieties. The plant will initially operate three lines, producing more than 120,000 cups of yogurt per hour.

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6:30pm

Sun March 10, 2013
Politics and Government

Matt Driscoll on the Campbell Conversations

Matt Driscoll was mayor of Syracuse from 2001 to 2009. Since then, he's been the President of a state public authority, and most recently a member of Governor Cuomo's cabinet. In this edition of the Campbell Conversations, he discusses the environmental issues he became known for as mayor, economic development, and the current Syracuse mayor's disagreement with the governor over public pensions.

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9:59am

Tue March 5, 2013
The Upstate Economy

Library funding is focus of Library Advocacy Day

The library lobby is heading to Albany today to ask lawmakers to restore funding that has been lost for five years now.

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4:24pm

Fri January 11, 2013
Environment

Yoko Ono, Sean Lennon deliver letter to Cuomo on last day for fracking comments

Yoko Ono and Sean Lennon protest fracking at the state Capitol
Karen DeWitt/WRVO

Anti-fracking activists, including Yoko Ono and Sean Lennon, attempted to present the state’s environmental agency with over 200,000 comments, on the last day of a public comment period on the gas drilling process.  They and other anti-fracking activists also tried to deliver a letter to Governor Andrew Cuomo.

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8:56am

Wed November 28, 2012
The Upstate Economy

Governor checks off sixth Regional Council tour

Gov. Andrew Cuomo surveys state funded projects in downtown Rochester.
Credit Kate O'Connell / WXXI

Using a now-familiar travel routine, Governor Andrew Cuomo made his sixth tour of New York's regions to monitor the progress of projects funded through the Regional Economic Development Councils (REDC).

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4:14pm

Mon November 19, 2012
The Upstate Economy

Growing yogurt industry leads to award for Genesee County

Muller Quaker Dairy is one of the tenants of the Agri Business Park
Some rights reserved by theimpulsivebuy

The success of the burgeoning yogurt industry has helped the Genesee County Economic Development Center (GCEDC) be named the Industrial Development Agency of the year in upstate New York, for their work in developing the Genesee Valley Agri-Business Park in Batavia.

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9:16am

Thu November 8, 2012
The Upstate Economy

RIT to invest in local start-up businesses

The Rochester Institute of Technology has launched a venture fund to help boost economic development in the region. Businesses with ties to the university will be eligible for funding through the fund.

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4:08pm

Tue October 2, 2012
The Upstate Economy

All aboard: Cuomo takes bus tour of CNY regional council sites

Gov. Andrew Cuomo listens to Onondaga County Executive Joanne Mahoney at the Inner Harbor Tuesday in Syracuse.
Ryan Delaney WRVO

On a chilly, drizzly Tuesday morning in Syracuse, Gov. Andrew Cuomo took a bus tour of development projects his administration has helped to fund. Along for the ride were local economic development officials, State cabinet members and the press.

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12:15pm

Fri September 28, 2012
Regional Coverage

Watertown Airport recieves federal grant for improvements

The Watertown International Airport has seen huge growth in the past year, with a switch from nine-seater to 44-seater planes and direct connections to Chicago. Now the airport will be able to catch up on some overdue infrastructure, with a $2 million grant from the federal government.

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4:28pm

Thu September 20, 2012
The Upstate Economy

Regional councils roll out projects for round two

Empire State Development

The ten regional economic development councils were back at it this week in their efforts to bring home as big a slice of three-quarters of a billion dollar state funding pie as possible. The councils released their progress reports and a new list of projects they think deserve cash in order to spur economic development and job creation in their regions.

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4:06pm

Mon August 6, 2012
Regional Coverage

New York's record on economic development projects mixed

Governor Andrew Cuomo says New York’s track record on supporting economic development projects is hit and miss.

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10:06am

Fri August 3, 2012
The Upstate Economy

Fiber optic company plans expansion in Albany

"This region is hot. It's incredibly hot," said Lieutenant Governor Bob Duffy, touting the government's role in helping Tech Valley Communications expand and stay in Albany.
Marie Cusick/Innovation Trail

A telecommunications company that builds fiber optic networks throughout the Northeast is expanding its headquarters in Albany, despite offers to relocate out-of-state.

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7:10am

Fri July 6, 2012
The Upstate Economy

Did Destiny USA ruin it for other developers in Syracuse?

Syracuse's Destiny USA shopping mall will remain just a mall.
Destiny USA

There's an old promotional video the developer behind the Destiny USA megamall released several years ago. It includes images of glass-enclosed golf courses, huge hotels and helicopter tours of upstate taking off from Syracuse's Inner Harbor.

Despite ending by promising "grand opening, summer 2004," you won't see any of that on the shores of Onondaga Lake today.

All you'll see is an even bigger mall - despite developer Robert Congel winning a 30-year property tax break worth about $600 million as an incentive from the city to build the Disney Land-like attraction.

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4:22pm

Thu June 21, 2012
Politics and Government

DiNapoli wants Local Development Corporations held accountable

New York's fiscal watchdog wants lawmakers to give his office more power  over economic development organizations that he says are being misused in some cases, by local governments in New York state. Comptroller Thomas DiNapoli has his eye on Local Development Corporations.

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10:13am

Fri June 15, 2012
Regional Coverage

Will Wallenda's wirewalk help Niagara Falls' economy?

Nik Wallenda's 1,800-foot, seven ton wire has been strung across Niagara Falls. His wirewalk Friday night has local officials bullish on future tourism efforts.
Daniel Robison Innovation Trail/WBFO

Nik Wallenda will walk across Niagara Falls on a highwire tonight.

The city of Niagara Falls, New York sees Wallenda’s wirewalk as its best change in decades to revive tourism and spark economic development, but measuring Wallenda’s long-term impact may be tough, assuming there is one at all.

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11:12pm

Tue June 12, 2012
Regional Coverage

State funding seekers get questions answered at forum in Watertown

The North Country Regional Economic Development Council is preparing for an influx of funding applications this July. Regional councils are part of Governor Andrew Cuomo's plan to distribute economic development aid throughout the state using a community-based, bottom-up approach to building New York's economy. A public forum was held by the council in Watertown last night.

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