Brownfield grants announced to spur economic development around 4 CNY dormant properties
Fri, 18 Oct 2013 16:17:56 GMT —
Four former contaminated properties in Central New York are receiving Brownfield grants to transform from dormant, unused spaces to vibrant parcels in hopes of attracting business and jobs to spur the local economy.
Oswego County will get more than half-a-million dollars to put toward laying plans to develop the Oswego Canal Corridor, including the Oswego River, Oswego Canal and Lake Ontario. The $597,540 will go toward an implementation strategy that would look at ways to develop places for professional offices, retail, hotels, housing, public waterfront amenities and open space.
In Cortland County, the city of Cortland is getting $359,500 to put toward revitalizing the southeast area of the city, where there are 26 Brownfield sites. The funds would lay the framework for industrial redevelopment and job creation at the 40-acre Noss Technology Park, and the 38-acre Buckbee Mears property.
In Onondaga County, the city of Syracuse will receive $562,500 to put toward two projects. The city will get $315,000 to invest in a 113-acres in the South Salina Street neighborhood, where there is a concentration of Brownfield sites. The funds will go toward an implementation strategy to redevelop the properties through land assemblage, environmental assessments and cleanups, recreational areas and new commercial/mixed use development.
Syracuse will also get $247,5000 to put toward making street and recreational improvements, with the goal of attracting new commercial development along a stretch of Erie Boulevard East, where there is a 478-acre Brownfield area.
New York Governor Andrew Cuomo announced the grants Thursday.