For the ninth straight year, a coalition of business, community, and government leaders is asking the powers that be in Albany to revamp the state’s municipal aid formula. During a press conference this afternoon, the Rochester Community Coalition laid out its 2014 state legislative priorities — the issues they’ll press state legislators and officials on […]
Eastman Business Park
Posted inNews & Opinion
NY’s economic development Hunger Games
New York is three years into its economic development Hunger Games. The analogy between a fictional dystopian death match and Governor Andrew Cuomo’s signature economic development initiative isn’t entirely precise. While the Cuomo initiative pits regions of the state against each other in an annual competition for limited resources, nobody dies. And the distribution of […]
Posted inNews & Opinion
Could Buffalo and Rochester both be solar manufacturing hubs?
The state’s economic development arm will invest $225 million to build a high-tech and green energy business hub in Buffalo. The money is going toward infrastructure and building construction at a 90-acre site, RiverBend, that is the former home of Republic Steel. And yesterday, Governor Andrew Cuomo announced the manufacturing complex’s first committed tenants, both […]
Posted inNews & Opinion
Week Ahead: COMIDA considers tax deal for Penfield apartment project
The board of the Monroe County Industrial Development Agency will take up tax exemptions for a couple of large projects when it meets at noon on Tuesday in the Watts Building conference room, 49 South Fitzhugh Street. Southpoint Cove, a proposed 358-unit apartment complex in Penfield, is seeking sales and mortgage tax exemptions. The $54 […]
Posted inNews & Opinion
The park and resurrection
Rochester scored a win a couple of years ago when New Jersey-based Natcore Technologies moved its solar cell research and development work to Eastman Business Park. Eastman, which is the former Kodak Park, beat out several competitors in the company’s nationwide site search. And recently, state and Natcore officials announced that the company plans to […]
Posted inNews & Opinion
Officials tout Eastman Business Park agreement
Kodak’s bankruptcy filing generated a lot of questions, and some legitimate worries about the future of the Eastman Business Park on West Ridge Road. But some answers are starting to emerge, leaving state and local government and elected officials, as well as business park tenants, more confident in the facility’s future. Some of those answers […]
Posted inNews & Opinion
Kodak power plant buyer getting state assistance
The board of the state’s economic development arm has approved $7.2 million in incentives for Recycled Energy Development to put toward purchasing and upgrading the Eastman Business Park utilities system. The incentives, approved yesterday, include a $3.6 million grant and a $3.5 million loan, according to a press release from Empire State Development. The grant […]
Posted inNews & Opinion
Kodak power plant deal could get OK
Kodak’s proposal to sell the Eastman Business Park’s utilities system could soon move forward.
Posted inNews & Opinion
Brooks delivers State of the County speech
County Executive Maggie Brooks didn’t use this year’s State of the County address to introduce major new programs or make bold pronouncements. She stuck to many of the usual topics: economic development, partnerships the county has, the crushing burden of state mandated spending, and public safety.
Posted inNews & Opinion
Utilities deal under review
When Recycled Energy Development agreed to buy and operate the utilities at Eastman Business Park, many local business and government leaders were relieved. Local and state officials consider Eastman Business Park a key economic development asset. And the utility system — especially the cheap and plentiful electricity generated on the site — is a large […]
Posted inNews & Opinion
New owner for power plant
The utility system at Eastman Business Park has a buyer, and that buyer will make upgrades to the park’s dedicated power plant.
Posted inNews & Opinion
Region gets top economic development award
The Rochester-Finger Lakes region is getting $96.2 million
in economic development funding and incentives.
