medtech center https://www.thebatavian.com/ en https://www.thebatavian.com/themes/barrio_batavian/images/thebatavian_logo.png medtech center https://www.thebatavian.com/ Local Matters © 2008-2023 The Batavian. All Rights Reserved. Sat, 27 Apr 2024 05:57:29 -0400 https://www.thebatavian.com/themes/barrio_batavian/images/thebatavian_logo.png Wed, 06 Mar 2024 17:53:00 -0500 GCEDC board to consider market-rate project Thursday seeking $3.8M of mortgage, property and sales tax exemptions https://www.thebatavian.com/press-release/gcedc-board-to-consider-market-rate-project-thursday-seeking-38m-of-mortgage-property Press Release:

The Genesee County Economic Development Center (GCEDC) board of directors will consider a final resolution for a proposed market-rate housing development on MedTech Drive in the town of Batavia at its board meeting on Thursday, March 7.

MedTech Landing LLC plans to invest $15 million to construct 100,000 sq. ft. of apartment buildings totaling 80 units. The project is comprised of six buildings with a dozen one-, two- and three-bedroom units, one 8-unit building, and 6 six-car garages.

The project aligns with GCEDC Housing Policy and the Genesee County Housing Needs Assessment, which identified a 4,800-unit housing demand over 20 years.

MedTech Landing LLC is seeking a sales tax exemption estimated at $720,000, a property tax abatement of approximately $3,031,048, and a mortgage tax exemption of $120,000.  It is estimated that $12 of economic impact will be generated by the development for every one dollar of public sector investment.

The project would also generate up to $1 million over 20 years for the Batavia Home Fund (BHF). The BHF promotes and provides grants to support new home construction and rehabilitation of residential properties to enhance the area’s housing stock.

The GCEDC board will also consider an initial resolution from LeatherLeaf Solar LLC for a 5 MW community solar farm in the town of Byron. The $9 million project is anticipated to generate $4,000/megawatts (AC) annually + a 2% annual escalator of revenues to Genesee County and Byron-Bergen Central School District and a host agreement with the Town of Byron.

The March 7, GCEDC board meeting will be held at 4 p.m. at the MedTech Center’s Innovation Zone, 99 MedTech Drive, Batavia. Meeting materials and links to a live stream/on-demand recording of the meeting is available at www.gcedc.com.

]]>
https://www.thebatavian.com/press-release/gcedc-board-to-consider-market-rate-project-thursday-seeking-38m-of-mortgage-property#comments https://www.thebatavian.com/press-release/gcedc-board-to-consider-market-rate-project-thursday-seeking-38m-of-mortgage-property Mar 6, 2024, 5:53pm medtech center GCEDC board to consider market-rate project Thursday seeking $3.8M of mortgage, property and sales tax exemptions Press Release <p>Press Release:</p><blockquote><p>The Genesee County Economic Development Center (GCEDC) board of directors will consider a final resolution for a proposed market-rate housing development on MedTech Drive in the town of Batavia at its board meeting on Thursday, March 7.</p><p>MedTech Landing LLC plans to invest $15 million to construct 100,000</p></blockquote>
Developer says 80-unit complex across from GCC to be market-rate apartments https://www.thebatavian.com/howard-owens/developer-says-80-unit-complex-across-from-gcc-to-be-market-rate-apartments/637877
david mazur medtech landing gcedc
Developer David Mazur presents plans for MedTech Landing, an 80-unit apartment complex, to the GCEDC board of directors on Thursday.
Photo by Howard Owens.

Grand Island-based developer David Mazur isn't just 100 percent sure his proposed 80-unit apartment complex across the street from Genesee Community College will consist only of market-rate apartments. He's "1,000 percent" sure.

]]>
https://www.thebatavian.com/howard-owens/developer-says-80-unit-complex-across-from-gcc-to-be-market-rate-apartments/637877#comments https://www.thebatavian.com/howard-owens/developer-says-80-unit-complex-across-from-gcc-to-be-market-rate-apartments/637877 Jan 12, 2024, 7:55am medtech center Developer says 80-unit complex across from GCC to be market-rate apartments Howard Owens <figure role="group" class="caption caption-div"> <div> <div class="field field--name-field-media-image field--type-image field--label-hidden field__item"> <img alt="david mazur medtech landing gcedc" class="image-style-large" height="555" loading="lazy" src="https://www.thebatavian.com/sites/default/files/styles/large/public/2024-01/med-tech-landing-gcedc.jpg?itok=V6z5tj7n" width="800"> </div> </div> <figcaption><em>Developer David Mazur presents plans for MedTech Landing, an 80-unit apartment complex, to the GCEDC board of directors on Thursday.</em><br><em>Photo by Howard Owens.</em></figcaption> </figure> <p>Grand Island-based developer David Mazur isn't just 100 percent sure his proposed 80-unit apartment complex across the street from Genesee Community College will consist only of market-rate apartments. He's "1,000 percent" sure.</p>
Solar project to be considered at GCEDC board meeting August 3 https://www.thebatavian.com/press-release/solar-project-to-be-considered-at-gcedc-board-meeting-august-3/635944 Press Release:

The Genesee County Economic Development Center (GCEDC) board of directors will consider an initial resolution for Oak Orchard Solar 3 LLC’s community solar farm project in the town of Batavia. The $9 million investment would include the installation of ground-mounted solar panels in order to generate up to 5 megawatts of power.

Under the proposed project agreement, Oak Orchard Solar 3 LLC’s project would generate $4,000/megawatts (AC) + a 2% annual escalator of revenues with Genesee County and Elba Central School District. Including a host agreement with the Town of Batavia, this project is estimated to generate a $319,088 increase in property-tax type revenues to host municipalities.

Since 2019, the GCEDC has reviewed over $1 billion of solar energy projects. These projects have proposed 860 megawatts of renewable energy and property tax-type revenues of $127.4 million to municipalities.

If Oak Orchard Solar 3 LLC’s project application is accepted, a public hearing will be scheduled on the proposed project agreement in the town of Batavia.

The August 3, GCEDC board meeting will be held at 3 p.m. at the MedTech Center’s Innovation Zone, 99 MedTech Drive, Batavia. Meeting materials and links to a live stream/on-demand recording of the meeting is available at www.gcedc.com.

]]>
https://www.thebatavian.com/press-release/solar-project-to-be-considered-at-gcedc-board-meeting-august-3/635944#comments https://www.thebatavian.com/press-release/solar-project-to-be-considered-at-gcedc-board-meeting-august-3/635944 Aug 2, 2023, 5:13pm medtech center Solar project to be considered at GCEDC board meeting August 3 Press Release <p>Press Release:</p><blockquote><p>The Genesee County Economic Development Center (GCEDC) board of directors will consider an initial resolution for Oak Orchard Solar 3 LLC’s community solar farm project in the town of Batavia. The $9 million investment would include the installation of ground-mounted solar panels in order to generate up to</p></blockquote>
New MedTech Centre opens with fanfare https://www.thebatavian.com/blogs/wbta-news/new-medtech-centre-opens-fanfare/19309 (by WBTA News Intern Ashley Chiocco)


The Dr. Bruce A. Holm Upstate MedTech Centre has opened.

The ceremonial ribbon cutting took place yesterday (Friday) afternoon during the building’s grand-opening celebration on Assemblyman Stephen Hawley Drive.

The $7.2-million building will be home to GCC’s state-of-the-art nursing facilities, UMMC’s therapy programs, and provide space for emerging biotech companies.

GCC’s Nursing Program Director Kathy Polumbo tells how the new facilities will enhance the students’ learning experiences.

"We have all the latest technology in our classrooms," says Palumbo. "And I think the labs are the real 'piece de resistance.' We have a very realistic environment with our simulators.

"So what we're hoping is: We will make the sutdents better prepared for when they actually get their first job and they come into the real world."

The MedTech Centre is just the first building to be completed in GCEDC’s Upstate MedTech Park.

PHOTO: Area representatives, EDC officials and members of GCC pose at yesterday's ribbon-cutting ceremony.

]]>
https://www.thebatavian.com/blogs/wbta-news/new-medtech-centre-opens-fanfare/19309#comments https://www.thebatavian.com/blogs/wbta-news/new-medtech-centre-opens-fanfare/19309 Aug 21, 2010, 11:24am medtech center New MedTech Centre opens with fanfare WBTA News <p><em>(by WBTA News Intern Ashley Chiocco)<br> <br> </em><br> The Dr. Bruce A. Holm Upstate MedTech Centre has opened.</p> <p>The ceremonial ribbon cutting took place yesterday (Friday) afternoon during the building’s grand-opening celebration on Assemblyman Stephen Hawley Drive.</p> <p>The $7.2-million building will be home to GCC’s state-of-the-art nursing facilities, UMMC’s therapy programs, and</p>