At the annual meeting of the state’s Business Council Hochul said she will work to empower Regional Economic Development Councils.
economic development
Posted inNews & Opinion
Dinolfo starts rolling out her 2020 budget
County Executive Cheryl Dinolfo has renewed Budget Week again this year – three days of talking up what she views as the highlights of her 2020 spending plan – and she opened Monday by discussing jobs programs. The full budget, or anything beyond its basic $1.2 billion figure, isn’t available yet. Dinolfo will talk about […]
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The money race
Taxes: they’re what this year’s county executive race is fundamentally about. As Republican incumbent Cheryl Dinolfo and Adam Bello, her Democratic opponent, lay out how they’ll approach county government, they’re really talking about how they’ll spend money that comes from county, state, or federal taxes. They’re talking about how they’ll manage the county’s $1 billion […]
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Power plant sold
The complex network of industrial utilities inside Eastman Business Park is getting a new owner, again. And the buyers will pay to retrofit the park’s power plant with high-efficiency natural gas boilers, replacing its coal-fired ones. Recycled Energy Development reached a deal to sell its portfolio of site-specific power and utility systems – which includes […]
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On the fiber fast lane
Monroe County and the City of Rochester are poised to hire a Denver-based firm to study their fiber networks and to help them figure out whether they could open the systems to outside users. Magellan Advisors has worked with several cities — from Riverside, California, to Hudson, Ohio, — to assess the state of their […]
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Two tech companies coming to Rochester
The state will invest approximately $75 million to bring two technology companies to Rochester. Photonica and Avogy will use a state-owned clean room facility at Canal Ponds Business Park for research and development work and will establish manufacturing operations at Eastman Business Park, Governor Andrew Cuomo said this morning. Cuomo and other state and local […]
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Finger Lakes Economic Development Council awaits payday
It’s a pivotal moment for the region’s economy. The Finger Lakes Regional Economic Development Council will find out on Thursday if it won one of three state awards of $500 million. “We’re ready,” says Greater Rochester Enterprise CEO Mark Peterson. “We’re excited about the opportunity that’s been presented to us.” If the Finger Lakes region […]
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Medley spared again; auction called off
The auction of Irondequoit’s Medley Centre, scheduled for later this month, has been called off. The dead mall’s owner, Bersin Properties, owed Monroe County $1.2 million in property taxes from 2013, and the county was set to sell off the property at a November 10 tax-foreclosure auction. But Nomura Capital and Credit, the company that once […]
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Could Medley Centre get a new owner?
Medley Centre could be sold at a tax auction on November 10. But as the public’s learned time and again with that property, predictions are foolish. Bersin Properties owns the dead and decaying mall in Irondequoit, and it still owes the county $1.2 million in property taxes from 2013. The way the whole tax-foreclosure thing […]
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The Eastman engine
It’s fitting that the fate of Kodak’s massive industrial complex on West Ridge Road, at least for the foreseeable future, will be tied to film.
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Biden coming for optics announcement
Vice President Joe Biden will visit the Rochester area on Monday to officially announce that the region will be home to a Department of Defense photonics institute. According to a report by Gannett’s Albany Bureau, Biden will make the announcement at Canal Ponds Business Park in Greece. The business park is home to a former […]
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Photonics institute coming to Rochester
The Rochester region has been selected by the Department of Defense for a new photonics institute.
