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GCEDC set to break ground on new agri-business part off Route 5
Genesee County will soon be home to the first shovel-ready agri-business industrial park in New York, according to Chad Zambito, spokesman for the Genesee County Economic Development Center.
GCEDC breaks ground on the project Tuesday and expects the first tenant to start building a $15 million food-processing facility in the spring.
"These are expensive ventures and private developers aren't willing to do it because of the cost that’s needed up front and the long-term return, so it’s something we have to do and we need everybody’s participation to make it happen," Zambito told WBTA.
The groundbreaking is scheduled for 10 a.m. at the Kennedy Building of the Genesee County Fair Grounds.
The 200-acre park is located between state routes 5 and 63 in Batavia and sits in close proximity to O-AT-KA Milk Products.
At full build-out, the park is expected to provide 1,200 jobs in Genesee County and generate $2 billion in revenue over 25 years.
The first tenant, a Canadian-based food processor, will hire 100 people to work at its facility.
When the infrastructure installation is complete, the site will contain nearly 200 acres serviced by industrial-class electric, gas and rail. The park is dedicated to agri-business applications including food and bio-fuels processing and is owned by a unique public/private partnership.
It also has access to 6 million gallons of aquifer water daily, ideal for food production applications, and sits in an Empire Zone.
The GCEDC, along with its real estate affiliate the Genesee Gateway Local Development Corporation and an affiliate of Farm Credit of WNY share ownership of the park.
It was largely made possible by a state grant recently approved by Empire State Development and a matching grant from Genesee County. The GCEDC, Town of Batavia, National Grid and National Fuel are also providing funding.
Phase 1 construction, being completed by Zoladz Construction Company Inc. of Alden, NY, will include water, sewer and roadway base installation.
- Howard Owens
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i will believe it when i see it happen
If your company can generate enough income to warrant a $15,000,000.00 building, you can clear your own land. If you need rail service, call the railroad yourself and work out a deal. If you need power, the folks at National Grid are very nice. Need water- ok- call the government for clean water.
In addition to the site preparation, don't forget this is an Empire Zone - that means that we're getting screwed and not kissed. We're going to pay for the land preparation, pay for part of the building somehow, and then subsidize part of the operation for years to come with tax breaks, buy-back deals and other tax incentives.
Entrepreneurs take risks, and from that risk you succeed or fail. If you fail, that's ok, try something else. If you succeed, then you get the rewards.
"To win without risk is to triumph without glory."
Pierre Corneille
As far as jobs created is concerned - a statewide study about a 2 years ago found that NYS IDA/EDC's misrepresented the number of jobs created through their programs, and last year a similar study shows that the cost of creating a job through IDA funding is much higher. http://www.osc.state.ny.us/press/releases/feb09/022609.htm
Business welfare is as bad as personal welfare.
William:, I ain't making a dime off of this
You both make good points. I guess this is the way business is done now, statewide and nationwide - but it doesn't make it right. I'm going to keep my imaginary business model of private sector success without public support and hope for the best.