At a press conference this morning, Tom Mancuso, president of Mancuso Development, said he was "delighted" the state approved a $1.5 million grant to help advance the Masse Gateway Project.
Even though the grant was $1 million less than originally requested by the city, Mancuso said the project should still be able to move forward.
It will cost at least $3.1 million and create an entrance off Masse Place into the Harvester industrial complex. The plan is to turn the old buildings into space suitable or light industrial and commercial uses for small businesses.
Mancuso said the the funding "really entitles us to spend a lot more money." In addition to the planned private investment from Mancuso Development, Mancuso implied his company will also need to come up with an additional $1 million to complete the project.
The Batavian's news partner, WBTA, covered the press conference.