Micron, Commerce Department finalize $6.1B CHIPS agreement

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Massive Clay semiconductor campus project is a step closer to starting CLAY, N.Y. — Micron Technology Inc, (NASDAQ: MU) has secured the funding its needs for its planned semiconductor campus in the town of Clay. The Boise, Idaho–based Micron and the U.S. Department of Commerce have finalized its CHIPS agreement for up to $6.1 billion […]

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Massive Clay semiconductor campus project is a step closer to starting

CLAY, N.Y. — Micron Technology Inc, (NASDAQ: MU) has secured the funding its needs for its planned semiconductor campus in the town of Clay.

The Boise, Idaho–based Micron and the U.S. Department of Commerce have finalized its CHIPS agreement for up to $6.1 billion in direct funding through the bipartisan CHIPS & Science Law.

The money will support Micron’s planned public-private investment of more than $100 billion over the next two decades, representing the largest private investment in New York’s history, the office of U.S. Senate Majority Leader Charles Schumer (D–N.Y.) said in its Dec. 10 announcement.

The funds will also support the firm’s expansion at its headquarters in Boise, Idaho.

The finalized agreement for federal CHIPS incentives will support the construction of Micron’s first two fabs in Clay and an expansion in Idaho to help meet the “soaring demand” for the chips Micron makes, Schumer’s office said. The U.S. Department of Commerce will disburse funds in the coming years as Micron meets project milestones agreed to in the final award.

“Micron’s CHIPS funding is locked for Upstate NY. $6.1 billion from my bipartisan CHIPS & Science Law is now secured for Micron to build its new, state-of-the-art complex of memory chip fabs in Central NY and Idaho. A historic day and historic agreement for Upstate NY and America. This final award locks in the federal investment Micron needs for shovels to be able to hit the ground and create thousands of good-paying jobs here in Upstate NY,” Schumer said in the announcement. “Without my bipartisan CHIPS & Science Law none of this would be happening and America would be over reliant on semiconductors from overseas. The memory chips Micron makes are the bedrock of America’s future, from AI [artificial intelligence] to EVs [electric vehicles] to smartphones, as well as our most sensitive defense technology. The signed CHIPS award is the start of a new chapter for Central NY and America.”

Gov. Kathy Hochul, Onondaga County Executive Ryan McMahon, and Syracuse Mayor Ben Walsh all released statements applauding the funding agreement’s signing.

“With this agreement, the Micron project has taken a huge and significant step forward while also solidifying Onondaga County as the hub for memory technology semiconductor manufacturing in the world!” McMahon said.

In his statement, Walsh said, ““Syracuse’s surge accelerated today with the $6.1 billion agreement finalized between Micron and the Department of Commerce. This deal represents not just an investment in American manufacturing and national security; it’s an investment in our community, our workforce and our future.”

Besides the semiconductor campus in the town of Clay, Micron also plans to operate office space at One Lincoln Center at 110 W. Fayette St. in downtown Syracuse with its logo on the upper portion of the downtown office building.

Syracuse Triple-A team to get new owner but stay here & with Mets

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SYRACUSE, N.Y. — A New York City firm will soon be the new owner of the Syracuse Mets, the Triple-A baseball affiliate of the New York Mets, but the team will continue playing its games in Syracuse. Syracuse will also remain the New York Mets’ top minor-league baseball affiliate. Diamond Baseball Holdings (DBH) on Dec.

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Syracuse will also remain the New York Mets’ top minor-league baseball affiliate.

Diamond Baseball Holdings (DBH) on Dec. 10 said it has forged an agreement with affiliates of Cohen Private Ventures to purchase the Syracuse Mets. DBH is a New York City–based organization that owns and operates about three-dozen minor-league clubs affiliated with Major League Baseball (MLB).

Subject to obtaining the consent of the league and satisfying other standard closing conditions, the transaction is expected to be completed “promptly,” per the Dec. 10 Syracuse Mets announcement, which didn’t include any financial details of the sale.

The New York Mets bought the then-Syracuse Chiefs for $18 million in a deal the Chiefs announced in October 2017.

Following the club’s latest sale, it will remain in Syracuse as the Mets’ Triple-A affiliate and the club will also retain its front-office staff and continue to be led by General Manager Jason Smorol, according to the announcement.

As part of the transaction, DBH has also purchased the New York Mets’ High-A minor-league affiliate, the Brooklyn Cyclones. The Syracuse Mets and Cyclones join the franchise’s Double-A affiliate, the Binghamton Rumble Ponies, on the DBH ownership roster.

“The New York Mets are deeply grateful to the staff and players of the Syracuse Mets and Brooklyn Cyclones. These franchises have created two of the best fan-bases in Minor League Baseball and we are excited to continue our affiliation with these cities,” M. Scott Havens, president of business operations for the New York Mets, said in the announcement. “With their acquisition by DBH, both clubs will have greater dedicated resources and player development tools to set them up for successful seasons for years to come.”

Diamond Baseball Holdings was formed in 2021 to support, promote, and enhance minor-league baseball clubs affiliated with MLB through professional management, best practices, innovation, and investment.

“The Syracuse Mets are a cornerstone of Central New York, where the franchise has deeply connected with the community while drawing fans from across the region for generations,” Pat Battle and Peter Freund, executive chairman and CEO of DBH, respectively, said in the announcement. “We’re thrilled to add them to our roster and continue growing our relationship with the New York Mets. We look forward to enhancing the distinct fan experience at NBT Bank Stadium while ensuring the ballpark remains a year-round destination for affordable, family-friendly entertainment for years to come.”

The announcement of the Syracuse Mets team sale came a day after the parent club, the New York Mets, made a huge splash with media reports stating it had agreed to sign Juan Soto to a 15-year, $765 million contract, the largest in the history of Major League Baseball.

Contractor bids for Superfield of Dreams in DeWitt can start Dec. 16

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DeWITT, N.Y. — Contractors interested in submitting bids for construction of the Superfield of Dreams for Syracuse Challenger Baseball in DeWitt can do so beginning Dec. 16. The Superfield of Dreams is described as a “state-of-the-art, fully accessible sports facility that will be the largest of its kind on the East Coast,” per the organization’s

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DeWITT, N.Y. — Contractors interested in submitting bids for construction of the Superfield of Dreams for Syracuse Challenger Baseball in DeWitt can do so beginning Dec. 16.

The Superfield of Dreams is described as a “state-of-the-art, fully accessible sports facility that will be the largest of its kind on the East Coast,” per the organization’s announcement.

It held a groundbreaking ceremony for the project back in September at Carrier Park in DeWitt.

The project has the support of major benefactors that include Robert and Mary Helen Morris, the Lobdell family, and the Lally family, per the announcement. Other sponsors include the Central New York Community Foundation; the Jim and Juli Boeheim Foundation; the Ralph C. Wilson Jr. Foundation; and the Carrier Corporation, the organization’s website says.

With additional funding secured through DeWitt town board-approved municipal financing and private contributions, the Town of DeWitt will accept construction requests for proposals (RFPs) through the public-bid portal beginning Dec. 16.

All submissions will be reviewed on Feb. 4, 2025. The Syracuse Challenger Baseball League encourages both local and regional companies to bid, with charitable discounts welcomed to support this project.

Robert Morris, owner of private-equity firm Olympus Partners of Stamford, Connecticut, expressed his excitement for the project

“It’s inspiring to see this dream becoming a reality. At Olympus Partners, we are proud to support projects that foster inclusivity and empower future generations,” Morris said in the announcement. “I can’t wait to see the Superfield of Dreams come to life and bring joy to so many Challenger players and their families.”

A spokesperson for Challenger Baseball tells CNYBJ that Morris grew up playing Little League baseball in DeWitt. When he heard about the project, Morris and his wife decided to make a donation.

Their gift will help create the Morris Family Field for Challenger Little League Baseball, the spokesperson said.

Syracuse Challenger Baseball went on to say that it’s still seeking donations to ensure the project’s success. Interested donors can visit the league’s website at https://syracusechallengers.com/

Syracuse Challenger Baseball says it is the nation’s largest and longest-running baseball league for individuals with special needs. The nonprofit notes, “We provide a welcoming and inclusive environment where children and adults of all ages and abilities can form friendships while enjoying the team sport of baseball in a relaxed, supportive setting.”

Oneida County Tourism board announces two new members

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UTICA, N.Y. — Michael Lehr, VP of marketing and content for the Utica Comets, and Danny Frieden, co-owner of Copper City Brewing Co. in Rome, have recently joined the board of directors of Oneida County Tourism (OCT). Their combined expertise will strengthen OCT’s strategy and expand its insight into sports tourism and agritourism, the organization

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JetBlue to keep twice-daily, nonstop flights from Syracuse to Orlando

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SYRACUSE, N.Y. — JetBlue Airways’ (NASDAQ: JBLU) twice-daily, nonstop flights from Syracuse Hancock International Airport (SYR) directly to Orlando International Airport (MCO) will continue. The Syracuse Regional Airport Authority (SRAA) and JetBlue Airways (NASDAQ: JBLU) announced the extension on Dec. 9. JetBlue increased the frequency of its daily nonstop flights to Orlando to twice-daily earlier

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Road projects set for upstate areas to boost resiliency

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GEDDES, N.Y. — Work to enhance the resiliency of state highways is set for selected roads in Central New York, Mohawk Valley, Southern Tier, and the North Country. Gov. Kathy Hochul has announced $100 million for road work in 70 locations in New York state that have been impacted by extreme weather. Marie Therese Dominguez,

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GEDDES, N.Y. — Work to enhance the resiliency of state highways is set for selected roads in Central New York, Mohawk Valley, Southern Tier, and the North Country.

Gov. Kathy Hochul has announced $100 million for road work in 70 locations in New York state that have been impacted by extreme weather.

Marie Therese Dominguez, commissioner of the New York State Department of Transportation (NYSDOT), on Dec. 4 announced the funding in the Art and Home Center at the New York State Fairgrounds in the town of Geddes.

The road work will begin this upcoming spring, Dominguez noted in her remarks.

With project support from the federal Infrastructure and Jobs Act, crews will repave a total of 551 lane miles of state highways in every region of the state, to revitalize New York’s aging infrastructure, Hochul’s office said.

After the storms are over and the winter weather has subsided, the NYSDOT turns its attention to rebuilding roads and repairing the damage that’s left behind after a harsh winter, Dominguez said in her remarks.

“And with the impacts of climate change becoming even more severe, that workload has been increasing,” Dominguez said. “What does that actually mean? … What it means is that beyond the freeze and thaw cycle, we are experiencing more impacts of not just freezing and thawing but also wind, flooding, downed trees … all of the things that we now see all at once … intense rainfalls, intense snowfalls in tighter periods of time than we’ve seen before.”

Joining Dominguez for the announcement were New York State Assemblyman William Magnarelli (D–Syracuse), who chairs the Assembly’s transportation committee and New York State Senator John Mannion (D–Geddes), who will succeed Brandon Williams as the U.S. Representative in New York’s 22nd Congressional District, effective Jan. 3.

Targeted projects

In its announcement, the state listed the projects by region, and the following are a few examples of the highways targeted for work.

Central New York

The Central New York region has eight projects, including a $1.8 million effort to resurface Route 174 from Lee Mulroy Road to Main Street in Marcellus and from Main Street to West Genesee Street in Camillus.

Another funding award involves $500,000 to resurface Route 931B (State Fair Boulevard) — from Route 297 to Pump House Road in the town of Geddes.

The eight projects also include $1.6 million to resurface Route 104 from the Cayuga County line to Route 104A in the town of Oswego and town and village of Hannibal in Oswego County.

The other projects involve:

• $2.2 million to resurface Route 26 from Vrolyk Road in the town of Georgetown to Eaton Brook Road in the town of Eaton in Madison County.

• $600,000 to resurface Route 13 (Cortland Street and Utica Street) in the village of DeRuyter in Madison County.

• $1.3 million to resurface Route 104 from the Mexico East Village line to Interstate 81, Town and Village of Mexico, Oswego County.

• $2.1 million to resurface Route 5/20 from the Seneca County line to Route 326 in the town of Aurelius in Cayuga County.

• $684,000 million to resurface Route 26 from the Broome County line to Route 41 in the town of Willett in Cortland County.

Mohawk Valley

Among the three funding awards in the Mohawk Valley is a $2.1 million project to resurface Route 20 from Beaver Creek Road to Brothertown Road in the town of Sangerfield in Oneida County.

The Mohawk Valley projects also include $1.1 million to resurface Route 5 from Mary Street to Tilton Road in the town of Palatine in Montgomery County, as well as $1.1 million to resurface Routes 20 and 28 in the village of Richfield Springs and town of Springfield in Otsego County.

Southern Tier

The nine projects in the Southern Tier include $2.3 million to resurface Route 38 from the village of Newark Valley to the hamlet of Berkshire, in the towns of Newark Valley and Berkshire in Tioga County.

The other projects in the region involve:

• $1.1 million to resurface Route 26 from Overlook Drive to the Cortland County line in the town of Triangle in Broome County.

• $2.3 million to resurface all four ramps and the rest area at Exit 37 on Interstate 86 in Steuben County.

• $250,000 toward resurfacing Route 415 and Route 352 in Steuben County.

• $2.3 million toward resurfacing Route 961M in Chemung County.

• $1.7 million to resurface Route 11 from the hamlet of Castle Creek to Joyner Road in the towns of Chenango and Barker in Broome County.

• $876,000 to resurface Routes 10 and 23 in the village of Stamford and town of Harpersfield in Delaware County.

• $534,000 to resurface Routes 30 and 206 in the hamlet of Downsville in the town of Colchester in Delaware County.

• $1.5 million to resurface Route 320 from Route 12 to County Road 29 in the towns of Norwich and North Norwich in Chenango County.

North Country

In the North Country, the 11 project awards include $1.3 million to resurface Route 11 from the east village of Gouverneur line to Bristol Road in the town of Gouverneur in St. Lawrence County.

The projects also include:

• $989,000 to resurface Route 3 from the Oswego County line to Hessel Road in the town of Ellisburg in Jefferson County.

• $965,000 to resurface Route 58 from the hamlet of Fine to Route 23 in the towns of Edwards and Fine in St. Lawrence County.

• $285,000 to resurface Route 184 from Route 10 to Route 812 in the town of DePeyster and the village and town of Heuvelton in St. Lawrence County.

• $330,000 to resurface Route 3 from the hamlet of Great Bend to the bridge over the Black River in the town of Champion in Jefferson County.

• $505,000 to resurface Route 374 from a point 0.3 miles west of Sunset Road to Church Pond Road in the town of Dannemora in Franklin County.

• $479,000 to resurface Route 421 from Warren Point Road to Route 30 in the town of Piercefield in St. Lawrence County.

• $597,000 to resurface Route 58 from Route 23 to Harmon Road in the town of Edwards in St. Lawrence County.

• $2.4 million to resurface Route 73 from the Cascade Mountain Trailhead to Liberty Hill Lane, town of North Elba in Essex County.

• $927,000 to resurface Route 190 from the Franklin County line to a point 1.6 miles west of Brandy Brook Road in the town of Ellenburg in Clinton County.

• $1.1 million to resurface Route 374 from the hamlet of Brainardsville to the village of Chateaugay in the towns of Bellmont & Chateaugay in Franklin County.

Annual Lights of Love campaign to benefit repairs to Crouse clock tower

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SYRACUSE, N.Y. — Crouse Health says the clock tower on which the lights are displayed in its annual Lights of Love campaign will benefit from this year’s effort. The clock tower needs some repair work done. The health system held the lighting ceremony on Dec. 2. The family of the late New York State Senator

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Cornhill Project looks to revitalize Utica neighborhood

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UTICA, N.Y. — A project spearheaded by the Community Foundation of Herkimer and Oneida Counties will create more than 100 apartments along with commercial and community space as part of an effort to revitalize Utica’s Cornhill neighborhood. The Cornhill Project — an initiative that also includes People First, Mid-Utica Neighborhood Preservation Corporation, Collective Impact Network,

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The Cornhill Project — an initiative that also includes People First, Mid-Utica Neighborhood Preservation Corporation, Collective Impact Network, and the City of Utica — is the response to outreach from a neighborhood that feels forgotten and left behind as economic development reaches other parts of the city, says Project Manager Tyler Hutchinson, who also serves as the Community Foundation’s business process manager.

The project got its start about nine years ago, he says, when the community began reaching out. In response, the Community Foundation engaged with the community to find out what residents felt was missing in the neighborhood and to collaboratively develop a solution.

“The biggest thing was lack of resources,” Hutchinson says. That includes things like access to healthy and fresh food, dealing with blight, and access to services without having to travel outside the neighborhood. As a whole, the community expressed a desire for a centralized location to provide those things and help bring the community together.

Partnering with the city and other organizations, the Cornhill Project has developed a plan to address those issues through the creation of two “impact centers” in the neighborhood.

James St Impact Center — The Cornhill Project, spearheaded by the Community Foundation of Herkimer and Oneida Counties, plans to build two impact centers in the Cornhill neighborhood of Utica, adding apartments, community space, a business incubator, a grocery store, and more to the area. The centers will be located on West Street and James Street.
RENDERINGS CREDIT: CORNHILL PROJECT

The West Street Impact Center, to be located at 1115 West St., will provide a space for various agencies to operate from and bring services to Cornhill. The James Street Impact Center, to be located at 313 James St., will focus on young professionals with programming centered around business and healthy living with workforce housing on the upper floors.

Combined, the centers will create more than 100 apartments along with 30,000 square feet of commercial and community space with other features including a business incubator, an arts/media studio, a gym/wellness facility, and a neighborhood grocery store.

“Right now, we are in the process of financial closing,” Hutchinson says. It’s a competitive process through a variety of funding streams, and the Community Foundation is waiting to hear back from the state and other funding streams to get a closing timeline. “Everything points to closing at the end of 2025 with shovels in the ground in 2026.”

In the meantime, work on West Street to demolish existing structures has begun, and the Community Foundation is actively working on other components of the project, says Hutchinson.

One of those components is a recreation trail that incorporates the neighborhood’s history via art. The Community Foundation is working with both Utica and the Oneida County Planning Department on the trail along with local artists and resident historians to help capture and celebrate the area’s history.

Project organizers are also working to remain connected to the community and keep the community engaged and involved during the process, says Kayla Ellis, business communication manager at the Community Foundation.

The foundation held a community dinner in October to update residents on the project and regularly posts updates on the project’s social media pages.

“There’s so much hope in that neighborhood now,” Ellis says.

The organization is also very focused on activating space as soon as possible and is working to find space in the Cornhill neighborhood for services and programming from various agencies, Hutchinson notes. The foundation hopes to collaborate with other organizations to bring in services to address issues such as youth violence as soon as it can. Those services can then transition to the impact centers once they open.

The key to the entire project is collaboration — between the residents, the foundation, its project partners, and other organizations.

“It’s exciting to see everybody working together, and everybody has that hope,” Hutchinson says.

FLLT acquires land near wildlife management area

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CATHARINE, N.Y. — The Finger Lakes Land Trust (FLLT) has purchased 30 wooded acres in the town of Catharine, located adjacent to the Connecticut Hill Wildlife Management Area (WMA). Located off Oak Hill Road, the property shares a boundary with a section of the Finger Lakes Trail that follows along Cayuta Creek. “This latest project

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CNY closed home sales fall nearly 19 percent in October

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But housing inventory, new listings increased SYRACUSE, N.Y. — Realtors closed on the sale of 716 previously owned homes in October in the six-county Central New York area, down 18.9 percent from the 883 existing homes they sold in the year-ago month, according to a recent housing report from the Greater Syracuse Association of Realtors

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But housing inventory, new listings increased

SYRACUSE, N.Y. — Realtors closed on the sale of 716 previously owned homes in October in the six-county Central New York area, down 18.9 percent from the 883 existing homes they sold in the year-ago month, according to a recent housing report from the Greater Syracuse Association of Realtors (GSAR).

Pending sales fell almost 27 percent to 541 this October from 739 in October 2023. That foreshadows further declines in closed home sales in the next couple of months.

“The Central New York housing market tends to slow down during the final months of the year and 2024 was no exception,” Nancy Quigg, GSAR president, said in the housing report that the association issued on Nov. 20. “There is positive news for buyers in the October data as the number of newly listed homes and overall housing inventory rose, which translates to increased choices as they look for their dream home. Moderating price growth also helps buyers find their next home within their target budget.”

The total inventory of homes for sales in Central New York jumped nearly 38 percent to 1,616 this October from 1,174 a year prior. New listings rose 5.6 percent to 908 in the latest month from 860 in October 2023. Months supply of inventory increased to 2.5 months in October from 1.7 months a year earlier.

“The increase in housing supply will help buyers going forward and position our housing market for growth in 2025,” said Reginia Tuttle, GSAR CEO, adding that Lawrence Yun, chief economist for the National Association of Realtors, recently forecasted a 9 percent gain in national home sales for 2025. Yun also predicted that mortgage rates would fluctuate between 5.5 percent and 6.5 percent. “We believe … Central New York’s housing market is primed to participate in this projected growth, especially as projects such as Micron move forward.”

The October median sales price of $226,000 in the CNY region represented an increase of 0.4 percent from $225,000 in October 2023.

GSAR is the trade association representing more than 2,200 realtors in Central New York. All data is compiled from the Central New York Information Service and includes single-family residential activity in Cayuga, Madison, Oneida, Onondaga, Oswego, and Seneca counties.

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Targeted projects

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Southern Tier

North Country

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But housing inventory, new listings increased

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