economic development

Developers of a new smartphone app hope it will allow residents and visitors to explore Albany in a new way.

Lieutenant Governor Kathy Hochul in Plattsburgh 5-25-17
Pat Bradley/WAMC

New York Lieutenant Governor Kathy Hochul was in Plattsburgh this afternoon to announce the final projects that have been approved for the Downtown Revitalization Initiative awarded to the city last summer.

New York State Office of General Services

In July 2014, the prison atop Mount McGregor in Saratoga County closed after nearly four decades in operation. Now, the state of New York is looking to sell the property. WAMC’s Southern Adirondack Bureau Chief Lucas Willard reports a request for proposals expires at the end of the month.

Saratoga County

At 4 percent, Saratoga County’s unemployment rate is at its lowest level since 2007 and is tied with Warren County for having the lowest in the Capital Region. It’s also lower than the U.S. and state average of 5 percent. That’s according to a new report by the Saratoga County Prosperity Partnership released on Tuesday.

Other indicators of a strong economy are a household median income above $71,000, and climbing home values.

City of Pittsfield

The City of Pittsfield, Massachusetts has awarded tax incentives to two local businesses through the state's Economic Development Incentive Program in an effort to create jobs and stimulate business growth.

North Country Chamber unveils 2017 Business Confidence Index
Pat Bradley/WAMC

A survey conducted by the local chamber of commerce finds that confidence in the North Country’s business climate is surging.

A pharmaceutical manufacturing and supply company in Plattsburgh has received a $1 billion contract over five years that will allow it to expand employees and infrastructure.

Wiki Commons

Several long-awaited developments in New York’s Mohawk Valley are getting a boost from state investment announced last week.

North Country contingent at Regional Economic Development Awards
Office of Governor Andrew Cuomo

New York state's 10 economic regions received more than $700 million in new economic development funding on Thursday.  The North Country is welcoming its $61.4 million dollar share that will go to 77 projects across the northern tier of the state.

Lucas Willard / WAMC

The Saratoga Greenbelt Trail has been planned and discussed for years in Saratoga Springs.

The bike and pedestrian path network has been scrutinized by committees, non-profits, city officials and every day citizens.

Lucas Willard / WAMC

At the first economic outlook summit hosted by the Saratoga Prosperity Partnership, 20th District Congressman Paul Tonko and Albany-area economist Hugh Johnson appeared as keynote speakers.

Kate Collignon presents DRI report to local planning committee
Pat Bradley/WAMC

The Local Planning Committee coordinating the strategy for Plattsburgh’s $10 million Downtown Revitalization Initiative Grant heard an update from the state’s consulting team earlier this week.

Norsk Titanium CEO Warren Boley speaks at Chamber luncheon
Pat Bradley/WAMC

Plattsburgh has been chosen to host the world’s first industrial scale high-technology manufacturing plant for titanium aerospace components.  The head of Norsk Titanium met with business leaders from the region Monday to talk about the state-of-the-art technology and the $1 billion investment in a new manufacturing plant and training facility at the old Clinton County Airport.

Lucas Willard / WAMC

When driving into downtown Glens Falls, it’s hard to miss the new residential and commercial buildings under construction. In the shadow of a multi-story mixed use building that is nearing completion, is what was once the center of downtown nightlife.

MLPBS Workforce Development Panel
Pat Bradley/WAMC

This week, Mountain Lake PBS in Plattsburgh held a forum on the needs and challenges of workforce development as the region’s manufacturing sector expands.

Christopher Bohlmann
Pat Bradley/WAMC

During the Farnborough International Air Show near London in July, Norsk Titanium confirmed that Plattsburgh had been selected as the location for the world’s first industrial scale high-technology manufacturing plant for titanium aerospace components.  The company plans to invest $1 billion during the first 10 years of operations.  The Norwegian company hired Senior Vice President Operations Christopher Bohlmann to lead the establishment of the manufacturing plant.  He was in Plattsburgh this week to participate in a workforce development forum and spoke about the company’s plans.

Norsk Titanium

During the Farnborough International Air Show near London on Monday, Norsk Titanium confirmed that Plattsburgh has been selected as the location for the world’s first industrial scale high-technology manufacturing plant for titanium aerospace components.  The international company will invest $1 billion in a new manufacturing plant and training facility in the northern New York city.

Senator Kirsten Gillibrand at Demers Ambulances
Pat Bradley/WAMC

New York Senator Kirsten Gillibrand visited Demers Ambulances in Plattsburgh Friday afternoon to promote proposed legislation that would help communities obtain funding to develop manufacturing clusters.  

Surrounded by local business leaders, the Saratoga Economic Development Corporation on Wednesday unveiled Advance Saratoga. The five-year plan seeks to create thousands of jobs by promoting the county for new businesses and helping existing employers expand.

Wiki Commons

More than 2 billion dollars in new investments have been awarded to projects throughout New York through Governor Andrew Cuomo's Upstate Revitalization Initiative. While the Southern Tier, Finger Lakes, and Central New York got the top $500 million prizes Thursday, the other four regions of the state are not leaving empty handed.

Wiki Commons

Economic development funding was announced for the 10 Regional Economic Development Councils across New York today.  Along with the $750 million in regular finding, three regions each received half a billion dollars.  As WAMC’s North Country Bureau Chief Pat Bradley reports, the northern part of the state missed out on the top awards and officials there hope it doesn’t compromise a key initiative for the region.

The Finger Lakes, the Southern Tier and central New York have each won $500 million in state funds as part of Gov. Andrew Cuomo's upstate economic development competition.

Cornell University

New York State Comptroller Tom DiNapoli has released an audit critical of the millions spent to promote Governor Andrew Cuomo's Start-Up NY and other programs.

Westchester To Open Economic Development Office In NYC

Apr 23, 2015
Courtesy of the Office of the Westchester County Executive

Westchester County is opening an economic development office in Manhattan and is targeting companies that are thinking about leaving New York City.

Carl Heilman II

The annual local government day conference between the Adirondack Park Agency and diverse interests within the park began this afternoon.

The University of Connecticut women’s basketball team came through Albany over the weekend en route to its eighth straight Final Four. Downtown businesses are hopeful major NCAA events will continue coming to town.

College basketball is big business — and good for local business. Times Union Center officials — whose recent bid to host the NCAA men’s tournament in the next few seasons was denied — are hoping the success of the regional women’s tourney final could set the stage for the rights to host future tournaments.

Plattsburgh City Hall
WAMC Photo

Four communities in New York have been ranked among the top 10 “micropolitan” areas in the country for economic development.

WAMC photo by Dave Lucas

Downtown Albany is undergoing a major facelift, from new apartments to a major convention center project. Now, more projects are in store for the city's core.

START-UP At Stewart Is Met With Different Views

Jan 27, 2015
The Port Authority of New York & New Jersey

A proposal to make Stewart International Airport in Orange County a tax-free zone, included in New York Governor Andrew Cuomo’s State of the State address earlier this month, is drawing mixed reviews. 

When speaking about infrastructure during his January 21 State of the State address, Governor Andrew Cuomo addressed plans for two regional airports.

New York Governor Andrew Cuomo is pitching a competition that would pit seven upstate regions against each other for a chance to win $1.5 billion in economic development money. Cuomo's plan, if approved by lawmakers, would have the seven regions  submit economic proposals by July 1.

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