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.
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.
In July FLEDC closed a loan to help finance the purchase by The Birkett Mills, one of the oldest mills in the United States, of grain cooling and storage equipment. The equipment financed by this loan will allow Birkett to cool and store organic grains, something that will support the expansion of the company’s production of the high quality buckwheat products that they have been making in downtown Penn Yan since 1797.
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.
One Keuka Business Park, Penn Yan, NY 14527
315 - 536 - 7328
info@fingerlakesedc.com
