Local Matters

Community Sponsors

October 18, 2016 - 7:08am

Local officials trying to spur fast action from ESD on funding for Ellicott Station

posted by Howard B. Owens in batavia, business, Ellicott Station, Ellicott Street, news.

When it comes to redeveloping the Santy and Della Penna properties on Ellicott Street in Batavia, local officials are ready to go, but on the Empire State Development's map of projects, the project is somewhere five years down the road.

To help move things along, Julia Pacatte, economic coordinator for the Batavia Development Corp., is seeking support from the County Legislature and the City School District, both economic partners in the project, to pass resolutions asking ESD to speed up the process.

"This is an affirmation that the local community is ready to support the project and asking the state to move more quickly than in the next five years," Pacatte said. "We’re ready to go now."

Most of the money for the $17 million Ellicott Station Project is coming from private investment, with a portion of financial support coming from local tax abatements. But officials are also looking for ESD to follow through on its commitment of $2.4 million in grants to pay for environmental cleanup of the properties.

The property qualifies for assistance under state programs because: of the environmental remediation required; the adaptive reuse of property that was developed but fell into disuse; and the economic struggles of the census tract the property is in, with 30 percent of the residents at the poverty level or lower and an unemployment rate of 7 percent. 

The project is expected to produce 60 temporary jobs and 90 permanent jobs.

There are already tenants lined up for office space and the entertainment and restaurant space within the project, and ensuring those potential tenants stay on the hook is one reason for trying to get a faster response from ESD.

The county's Public Service Committee approved the resolution unanimously and the school board will be asked to act on it tonight.

Post new comment

Log in or register to post comments

Calendar

S M T W T F S
1
 
2
 
3
 
4
 
5
 
6
 
7
 
8
 
9
 
10
 
11
 
12
 
13
 
14
 
15
 
16
 
17
 
18
 
19
 
20
 
21
 
22
 
23
 
24
 
25
 
26
 
27
 
28
 
29
 
30
 
31
 
 
 
 
 

Copyright © 2008-2019 The Batavian. All Rights Reserved. Privacy Policy | Terms of Service
 

blue button