Schenectady News & Updates

Lot 6 Sale Completed

- September 4, 2008
LIEDKIE MOVING AND STORAGE COMPLETES PURCHASE FROM CITY OF SCHENECTADY IDA

The City of Schenectady Industrial Development Agency (IDA) has closed on the sale of Lot 6 on Technology Drive in Schenectady to KRC Group, LLC an affiliate of Liedkie Moving and Storage. The purchase price was $50,935.

Schenectady IDA Approves $1.5 Million Project at Dimension Fabricators

- September 3, 2008

The City of Schenectady Industrial Development Agency (IDA) today approved a $1.5 million project at Dimension Fabricators, Inc. that will result in the construction of a 14,000 square foot addition to the company’s manufacturing complex on Maxon Road in the City.

DSIC Wins $200,000 State Grant to Continue Revitalization Efforts in Downtown Schenectady

- August 27, 2008
The Downtown Schenectady Improvement Corporation (DSIC) today announced that it has received a $200,000 grant from the Main Street Program operated by the New York State Division of Housing and Community Renewal (DHCR). The funding is targeted to help renovate first floor commercial space and upper floor residential units in commercial properties on lower State Street between Erie Boulevard and Schenectady County Community College (SCCC) including South Ferry Street from Erie Boulevard to State Street.

Galesi Group Opens New Small Business Hub at Rotterdam Corporate Park

- August 19, 2008
Newly Renovated Space Expected to Create Jobs in Rotterdam

Rotterdam, N.Y., August 19, 2008 -- The Galesi Group today announced the grand opening of it\'s new Small Business Hub in Building 3 at the Rotterdam Corporate Park on Route 7 in the Town of Rotterdam following a $3 million renovation project. The goal of the 270,000 square foot facility, located in the region\'s largest business park, is to create jobs new jobs in Schenectady County.

Seven More Buildings Schenectady Will See Facade Improvements

- July 31, 2008
July 31, 2008, Schenectady, N.Y. – Metroplex and the Downtown Schenectady Improvement Corporation (DSIC) today announced that seven more properties in downtown Schenectady will be improved utilizing funding from the façade program operated by DSIC and funded by Metroplex. The seven projects represent a total private investment in downtown Schenectady of $1.3 million.

Griffin Greenhouse & Nursery Supplies to "Grow" in Schenectady County

- July 30, 2008
NEW 27,000 SQUARE FOOT BUILDING TO BE CONSTRUCTED ON BROADWAY

Schenectady, N.Y., July 30, 2008 -- Griffin Greenhouse & Nursery Supplies today joined with Metroplex, Schenectady County and City officials and Highbridge Development to announce a $3 million investment that will bring a new 27,000 square foot building to the Broadway Commerce Park just off of I-890 in downtown Schenectady.

Guitar Builder Joins Growing Downtown Schenectady Arts District

- July 14, 2008
Metroplex today joined with Proctors and the Downtown Schenectady Improvement Corporation (DSIC) to announce that Mohawk Valley Guitars will relocate to 160 Jay Street in the heart of downtown Schenectady’s arts, entertainment and technology district.

401 State Street To Get New Facade

- July 7, 2008
In another step forward in the revitalization of downtown Schenectady, Metroplex today announced that the façade at 401 State Street across from the Bow-Tie Cinema will be completely reconstructed

Silver Diner to Be Saved

- June 2, 2008
Schenectady, N.Y, June 2, 2008 -- Metroplex and the City of Schenectady today agreed on a plan to save the Silver Diner located on Erie Boulevard. The Diner was built around a former rail car and is remembered fondly by many Schenectady residents. The Diner has been vacant for a decade.

New Hangar Planned for Schenectady County Airport

- May 2, 2008
Schenectady, N.Y., May 2, 2008 -- The Schenectady County Legislature will consider a lease proposal Monday night for a new 10,000 square foot hangar to be built by Clifton Park developer Bruce Tanski at the Schenectady County Airport. The County is transforming the 700-acre site as an Airport Tech Park that will be home to Fortitech’s new global R&D center as well as other fast growing businesses, general aviation, a new $20 million military reserve center and the 109th Airlift Wing of the New York Air National Guard.

Glenville Navy Property Will Go Back on Tax Rolls; First Parcel Headed to Auction Block

- April 29, 2008
Schenectady, N.Y., April 29, 2008 -- Schenectady County officials today welcomed the news that the U.S. General Services Administration (GSA) will put a 7.5 acre parcel in the Town of Glenville, formerly part of the Scotia Navy Depot, up for auction marking the beginning of a process that County and Town officials hope will eventually transfer over 70 acres to the private sector putting the property back on the tax rolls.

Parking Numbers Show Increased Activity in Downtown Schenectady

- March 21, 2008
Metroplex today released information on use of its seven surface parking lots and parking garage in 2007. The results show a major increase in the number of people working, shopping and enjoying the performing arts in downtown Schenectady.

SIEMENS PTI TO LEASE SPACE AT 400 STATE STREET IN DOWNTOWN SCHENECTADY

- March 18, 2008
Schenectady County officials today praised the decision by Siemens PTI to consolidate its local operations in 30,000 square feet of new office space at 400 State Street in the center of downtown Schenectady.

City IDA Approves Union Graduate College Project

- January 23, 2008
Schenectady, N.Y., January 23, 2008 -- The City of Schenectady Industrial Development Agency (IDA) today approved the issuance of up to $6.6 million in bonds that will help to fund construction of a new three story, 24,000 square foot facility for Union Gradate College at the corner of Liberty Street and Nott Terrace in downtown Schenectady.

Price Chopper Supermarkets Growth Plans Unveilled

- 11/15/2007
FOR IMMEDIATE RELEASE: November 15, 2007 Contact: Mona Golub – VP Public Relations & Consumer Services, Price Chopper Supermarkets (518) 379-1480 (office), (518) 210-6629 (cell) or monag@pricechopper.com News Advisory Price Chopper Supermarkets Growth Plans Unveiled to include New and Remodeled Stores, New and Expanded Warehouse Facilities and a New Office Building Schenectady, NY: Neil Golub, President and CEO of The Golub Corporation, parent company of Price Chopper Supermarkets unveiled plans here today that are projected to accommodate the progressive supermarket chain’s growth through the year 2018.

Pizza King Finds New Home in Downtown Schenectady

- 11/21/2007
Schenectady, N.Y., November 21, 2007 -- The Schenectady Metroplex Development Authority today announced that John Camaj, downtown Schenectady’s “Pizza King” will relocate to 122 Jay Street making way for a new development on State Street called Clinton Square.

City IDA ApprovesTwo Projects Worth $10.8 Million

- 11/01/2007
Mayor Brian U. Stratton today announced that the Schenectady Industrial Development Agency (IDA) has approved two projects with a total new investment of $10.8 million. The two projects approved by the City IDA include an $8.3 million expansion at the Kingsway Arms Nursing Center on Kings Road in the City. The second project involves a $2.5 million investment by Benchemark Printing on Maxon Road.

GE To Add 500 Professional Jobs, $39 Million in Investment at Power Generation Headquarters in Schenectady

- 10/31/2007
Responding to the growing demands of the global energy industry for power generating equipment and services, GE Energy is adding 500 professional positions and over $39 million of investment at its Power Generation business headquarters in Schenectady. As part of the expansion, GE will receive more than $7.5 million in both state and local incentives.

Loan to Help Insurance Agency Purchase and Renovate Upper State St. Building

- 10/26/2007
Mayor Brian U. Stratton today announced that the Schenectady Local Development Corporation (SLDC) has approved a $35,000 loan to help the John R. Zongrone Agency, Inc. purchase and renovate a building at 1566 State Street in the Woodlawn neighborhood.

Global Food Nutrient Powerhouse Fortitech to Build New Distribution and R&D Center at Schenectacy County Airport

- 10/25/2007
Schenectady County officials today announced plans for a new Airport Tech Park at the nearly 700 acre County Airport located on Route 50 in Glenville. The Schenectady County IDA will purchase 20 acres at the airport from the County and sell the land to Fortitech, a global nutrient premix manufacturing company headquartered in Schenectady. Fortitech will build both a distribution center and a corporate R&D center at the new Airport Tech Park.