gcdec https://www.thebatavian.com/ en https://www.thebatavian.com/themes/barrio_batavian/images/thebatavian_logo.png gcdec https://www.thebatavian.com/ Local Matters © 2008-2023 The Batavian. All Rights Reserved. Wed, 24 Apr 2024 06:14:31 -0400 https://www.thebatavian.com/themes/barrio_batavian/images/thebatavian_logo.png Tue, 11 Jan 2022 16:51:00 -0500 GCEDC considers final proposals for investments worth $16.3 million https://www.thebatavian.com/press-release/gcedc-considers-final-proposals-for-investments-worth-163-million/588497 Press Release:

The Genesee County Economic Development Center (GCEDC) Board of Directors will consider a final resolution for a proposed $8.5 million financial investment by Mega Properties Inc. for the purchase of a vacant 147,000 sq. ft. building in the town of Batavia at its board meeting on Thursday, January 13, 2022.

Mega Properties Inc. plans to develop the Federal Drive building into a warehouse distribution facility.  The proposed $8.5 million financial investment would retain nine full-time employees and create up to 11 new jobs. The project has requested approximately $600,000 in sales, mortgage, and property tax exemptions.

A public hearing on the proposed project assistance was held Dec. 21 in the town of Batavia.

The GCEDC Board also will consider a final resolution for Gateway GS LLC’s (Gallina Development) proposal to invest $2.9 million as part of an expanded project in the Gateway II Corporate Park. The financial investment supports the construction of a 33,600 sq. ft. facility.

Gateway GS LLC is requesting $478,418 in sales, mortgage, and property tax incentives. The expansion will generate an estimated $28 in economic activity for every $1 of public investment.

An initial resolution will be considered by the board for two 8-unit market-rate apartment buildings located south of Buffalo East Tech Park in the town of Pembroke by Franklin Real Estate and Development. 

GCEDC Pre-Board Meeting Release
The multi-unit buildings will include one 1-bedroom apartments and seven 2-bedroom apartments. Franklin Real Estate and Development is requesting $243,402 in sales, mortgage, and property tax incentives. 

Finally, the board will consider accepting an initial resolution from Apple Tree Acres, LLC which is proposing to invest $3.1 million to build a 50,000 sq. ft. facility on its property at Apple Tree Acres in the town of Bergen. 

The facility would create three full-time jobs with an average annual salary ranging from $30,000-$35,000. The project is estimated to create a $10-to-$1 return on investment for Genesee County. 

The January 13, 2022, GCEDC Board meeting will be held remotely at 4 p.m. A livestream and on-demand recording of the meeting also will be available at www.gcedc.com.

]]>
https://www.thebatavian.com/press-release/gcedc-considers-final-proposals-for-investments-worth-163-million/588497#comments https://www.thebatavian.com/press-release/gcedc-considers-final-proposals-for-investments-worth-163-million/588497 Jan 11, 2022, 4:51pm gcdec GCEDC considers final proposals for investments worth $16.3 million 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 $8.5 million financial investment by Mega Properties Inc. for the purchase of a vacant 147,000 sq. ft. building in the town of Batavia at its board meeting on Thursday, January</p></blockquote>
GCEDC board approves Alpina expansion project https://www.thebatavian.com/howard-b-owens/gcedc-board-approves-alpina-expansion-project/138452 Press release:

The Board of Directors of the Genesee County Economic Development Center (GCEDC) approved a final resolution for an application for assistance from Alpina Foods, Inc., at its May 5 board meeting.

Alpina Foods, Inc., will add 3,200 square feet to its existing facility in the Town of Batavia to accommodate space for a bottle-filling machine and packaging equipment for a new drinkable yogurt product.

The facility’s expansion will result in the creation of four new jobs and the retention of 23 current full-time employees. Based on the success of the product line and other growth opportunities there is the potential for the creation of additional new jobs at Alpina.

The company was approved for a sales tax exemption of $15,405 and a property tax exemption of $62,903. The project’s planned capital investment will total an estimated $1.1 million.

“It is exciting to see Alpina adding a new yogurt product to the marketplace that is being made right here in Genesee County,” said Christopher Suozzi, vice president of Business Development at the GCEDC.

“The Genesee Valley Agri-Business Park is an important community asset and continued investment and expansion there will only help us market the site to other food processing and food manufacturing companies.”

]]>
https://www.thebatavian.com/howard-b-owens/gcedc-board-approves-alpina-expansion-project/138452#comments https://www.thebatavian.com/howard-b-owens/gcedc-board-approves-alpina-expansion-project/138452 May 6, 2016, 9:56am gcdec GCEDC board approves Alpina expansion project Howard Owens <p><em>Press release:</em></p> <blockquote> <p>The Board of Directors of the Genesee County Economic Development Center (GCEDC) approved a final resolution for an application for assistance from Alpina Foods, Inc., at its May 5 board meeting.</p> <p>Alpina Foods, Inc., will add 3,200 square feet to its existing facility in the Town of Batavia</p></blockquote>