ALBANY — Downtowns throughout the region will receive millions of dollars to demolish or rehabilitate run-down buildings, the state announced. The fifth round of funding for the Restore New York Communities Initiative will fund everything from redeveloping an old mill in Massena to restoring the former village hall in Waverly, according to a news release […]
Get Instant Access to This Article
Become a Central New York Business Journal subscriber and get immediate access to all of our subscriber-only content and much more.
- Critical Central New York business news and analysis updated daily.
- Immediate access to all subscriber-only content on our website.
- Get a year's worth of the Print Edition of The Central New York Business Journal.
- Special Feature Publications such as the Book of Lists and Revitalize Greater Binghamton, Mohawk Valley, and Syracuse Magazines
[bypass-paywall-buynow-link link_text="Click here to purchase a paywall bypass link for this article"].
ALBANY — Downtowns throughout the region will receive millions of dollars to demolish or rehabilitate run-down buildings, the state announced.
The fifth round of funding for the Restore New York Communities Initiative will fund everything from redeveloping an old mill in Massena to restoring the former village hall in Waverly, according to a news release from Gov. Andrew Cuomo’s office and data from Empire State Development (ESD).
Syracuse will receive $4.9 million to rehabilitate or demolish 20 sites to support the Northside Transformation Initiative. New residential units and commercial space are planned.
Auburn will get $1 million to rehabilitate the former Schines Theater, creating a facility for concerts, live theater, movies, banquets and other gatherings.
Cortland will create a hub for not-for-profits in the nearly vacant P&C Plaza with a $1 million grant. Plans call for a year-round farmers market, YWCA childcare center, Cornell Cooperative Extension, and space for other nonprofits.
The Village of Homer is getting $1 million for the reconstruction and renovation of two properties, 23 South Main St. and 1-3 South Main St., to create apartments and commercial space.
The City of Oneida is looking to create eight new apartments on the top two floors of a mixed-use facility at 155 Madison St. with a $700,000 grant.
Penn Yan will receive $500,000 to rehabilitate two buildings for mixed use.
Mohawk Valley
Utica will get $2 million for asbestos-abatement work at the former General Electric facility at 1900 Bleeker St.
Canajoharie will receive $6 million to tear down the abandoned and condemned warehouse space at the former Beech-Nut facility. That will create a 15-acre site ready for development.
Rome will receive $1 million for demolition of the former Rome Cable plant downtown. The money will also pay for remediation for the site, the release said, creating a “clean 40-acre development site for future investment.”
North Country
Ogdensburg is receiving $1 million to rehabilitate the former Newell Manufacturing plant.
Watertown is looking to create mixed-use facilities, including as many as 18 market-rate apartments at 138, 152 and 170 Court St. The state grant for the work is $990,000
Massena will receive $987,000 to transform the Old Mill at 38 Water St. Plans call for the mill, which dates to the late 19th century, to be converted into apartments and a brew pub.
Wilna is receiving $772,000 to rehabilitate a Dock Street building on the Black River waterfront. The plan is to create a restaurant in space that has been empty for 20 years.
The Village of Lyons Falls will demolish and clean up the former Lyons Falls Paper Mill, which closed in 2001. A state grant of $440,000 will help prepare the site for redevelopment.
The Village of Black River will get $263,000 to rehabilitate 102-104 Maple St. It will be converted into a mixed-use building.
Southern Tier
Ithaca will receive $1 million to rehabilitate four underused buildings on West State Street, including reconstruction of one historic property.
Sherburne will get $1 million to undertake the second phase of restoration to the Sherburne Inn.
The Village of Waverly will receive $1 million for the restoration of the former village hall, fire station, and police station at 358 Broad St. ESD said the work will create residential units and renovate commercial space.
The first phase of the Southern Tier Agricultural Foundry Development, in the Village of Johnson City, will be allocated $942,300. The money will help rehabilitate 19 Avenue B, addressing vacancy and blight in the urban core.
The Village of Elmira Heights will receive $875,000 for the renovation of the building at the corner of Oakwood Avenue and 14th Street.
The Village of Owego will receive $875,000 to rehabilitate vacant buildings at 167 to 169 and 171 Baldwin Street.
The City of Elmira will get $508,400 for the rehabilitation of the former Schreibman’s and Delaney buildings on Baldwin Street to convert the vacant space into mixed-use properties.
Binghamton will get $60,000 to demolish residential properties at 10 Franklin St., 36 Winding Way, and 168 Oak St.
“With our support, cities and towns are tearing down vacant, blighted buildings and rehabilitating outdated structures to help revitalize their community and generate new economic opportunities,” said Howard Zemsky, the president and CEO of Empire State Development.