Penn Yan Continues to Upgrade its Building Stock, Supported by FLEDC

FLEDC has worked for years to improve the downtown shopping district, and in May it approved a loan to Wesley Xavier LLC to renovate 109 Main Street, a building the company recently purchased.  The renovation will upgrade the retail space on the first floor and the two vacant apartments on the 2nd floor.

FLEDC Supports Local Artists

FLEDC continues to support local artists and the trade in local crafts through its loan funds, and in early May 2 new loans were approved.

Keuka Inspirations, was approved for a loan to expand its retail gift operations at its location on Route 54A between Keuka College and Branchport and also to open a shop at the Windmill.  Keuka Inspirations has been owned and operated for over 13 years by Mike and Carol Steppe, longtime residents of the community.  Stop by to check out their goods at either location!

Local artist Dan Mitchell started Staving Artist Woodwork a number of years ago with FLEDC support, and we are thrilled to support the opening of his new store at 109 Main Street in Penn Yan.  At this location Dan will be exhibiting and selling his creative carvings made from used wine barrels.  Please visit him as soon as he opens in late May or early June!

Round 7 of NY State’s Consolidated Funding Application is Open!

The Finger Lakes Regional Economic Development Council (FLREDC) is pleased to announce Round 7 of the New York State Consolidated Funding Application (CFA) is now open for projects seeking support from up to $800 million of available funding via dozens of State agency programs.  The deadline for submittal is July 28th at 4:00 pm.

The CFA enables businesses, municipalities, not-for-profits and members of the public to apply, through a single application, for assistance from dozens of state programs for projects that create jobs and help to revitalize communities.

“The Regional Economic Development Councils (REDC) have successfully brought local communities together like never before, spurring economic growth from the ground up and creating jobs across New York,” Governor Cuomo said. “With the seventh round of the REDC awards, the state will continue its partnership with local governments and community leaders – making smart investments in our cities, towns and villages to give the Regional Councils the tools needed to build their communities for years to come.”

The REDC process has transformed New York State government’s approach to economic development, creating a statewide framework for bottom-up economic growth and streamlining the application process for state funding. Since 2011, the first year of the initiative, over $4.6 billion has been awarded to more than 5,200 projects that are projected to create and retain more than 210,000 jobs statewide.

Below are the various resource materials available to learn more about the CFA process:

Yates County Job Fair Will be on May 17th!

On May 17th, the Yates County Job Fair is being held at the Hampton Inn in Penn Yan on 110 Mace Street from 2 PM to 6 PM.  Over 30 employers will participate and are hiring for hundreds of jobs in a wide variety of careers.  Participating employers include Finger Lakes Community Health, Empire Access, KanPak, Glenora, Coach and Equipment, and many others.  The event is being hosted by Yates County Workforce Development which welcomes both participants and employers.  Please call 315-526-5140 with questions and to register.

Hampton Inn

New Hotel Opens On The Shore of Keuka Lake

Hampton Inn opened its doors summer of 2016. It’s a four-story hotel with 72 rooms that includes meeting spaces, exercise room, lakefront patio bar and an indoor pool. The hotel provided around 25 new jobs within the community. It is locally owned, but operated under franchise license agreement with Hampton Inn, part of Hilton Worldwide.

Revolving Loan Fund Continued Success

In 2016 the Finger Lakes Economic Development Center (FLEDC) approved seven new low interest loans to our Revolving Loan Fund. Among the seven additions are 4M Rebuilt, Hullings Hall, Vineyard View Winery, FLX Museum & Aquarium, N Kendall Wines, Keuka Taxi, Gordon Randall Property and the Mustang Pub.

Greenridge Power Plant

In September Greenridge Generation announced that it has secured all required permits and regulatory approvals for the restart for the Greenbridge power plant in Dresden. With the reopening of the plant, Greenbridge has also gotten approval to construct the four-mile natural gas pipeline to fuel the formerly coal-fired plant. The plant is expected to reopen within the first couple months of 2017. Employment estimates for the construction jobs are 60 to 80, with permanent jobs numbering 11 full-time employees with an average salary at $60,000, a $660,000 annual payroll, and $9.9 million in salaries over the 15-year PILOT term. Reopening the powerplant is extremely great news for the Finger Lakes Region, especially Yates County. The plant will ultimately restore much-needed tax revenues, create jobs, stimulate the regional economy and produce critically-needed electricity for the region.

Hampton Inn Ribbon Cutting

New Hotel Opens On The Shore of Keuka Lake

Hampton Inn opened its doors summer of 2016. It’s a four-story hotel with 72 rooms that includes meeting spaces, exercise room, lakefront patio bar and an indoor pool. The hotel provided around 25 new jobs within the community. It is locally owned, but operated under franchise license agreement with Hampton Inn, part of Hilton Worldwide.

Keuka College Awarded

Keuka College awarded $1.1 Million for Renovations

Keuka College has been awarded $1.1 Million to go towards college renovations of Keuka’s Dahlstrom Student Center, which in total is a $12 Million dollar project. With $1 Million of the $1.1 million going towards Dahlstrom, the remaining $100,000 from the grant will go towards renovating Point Neamo waterfront on Keuka Lake. College President Jorge L. Diaz-Herrera said that both projects are expected to start in summer of 2017.

Keuka Commons Opens

August 18, 2016 Keuka College opened its doors to its first new building in 40 years.Keuka Commons is now the new home of the bookstore, Health and Counseling center, Division of Business and Management; the Center for Professional Studies; the Wertman Office of Digital Education (WODE); the Center for Business Analytics & Health Informatics; and the Wolf Den Cafe.The Commons also provided three – state-of-the-art classroom spaces that include new technology, as well as 45 new faculty and staff offices, and three conference rooms.