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Archived NEWS & Updates from 2004

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Schenectady to Host Zone 5 Police Academy

IUE Hall to Host 2,000 Police Trainees Each Year Boosting Downtown Merchants and Public Safety

March 31, 2004

SCHENECTADY, NY (March 31, 2004) - The Zone Five Regional Law Enforcement Training Center today announced the selection of the IUE Hall on Erie Boulevard in Downtown Schenectady as the location for its new training academy.  Schenectady was selected over sites in Saratoga and Rensselaer Counties to host the police training facility. Zone Five provides training to over 2,000 new and existing police officers and law enforcement professionals from nine counties.

UTECH Products Selects Downtown Schenectady for New HQ

Fast Growing Medical Software/Supply Company Moving to Schenectady

April 20, 2004

SCHENECTADY, NY (April 20, 2004) — Schenectady County Legislative Chair Susan E. Savage today joined with Senator Hugh T. Farley, Mayor Brian U. Stratton, County Legislative Minority Leader Robert T. Farley, City Council President Frank Maurizio and Metroplex to announce that UTECH Products, Inc. will invest $2 million, create 50 new jobs and move its corporate headquarters to downtown Schenectady. UTECH is a fast growing medical technology and software company.

Magnificent Seven to Invest and Grow in Schenectady

119 Retained Jobs, 53 New Jobs and $4.2 Million Investment for New Broadway Commerce Park

May 25, 2004

SCHENECTADY, NY (May 25, 2004) - Schenectady County and City leaders today announced that seven different organizations will invest a total of $4.2 million, retaining 119 jobs and creating 53 new jobs at a new business park in downtown Schenectady - the Broadway Commerce Park.

Mazzone Returns To Downtown Schenectady with 2.35 Million Dollar Investment

Restaurant/Loft Apartments/Office Space/Specialty Coffee Shop Slated for Four Buildings on State Street

June 14, 2004

SCHENECTADY, NY (June 14, 2004) - Schenectady County officials today announced that Angelo Mazzone, one of the most successful business owners and operators in the Capital Region, will invest $2.35 million in downtown Schenectady creating a first class restaurant, loft apartments, renovated office space and a new specialty coffee shop in four buildings located on State Street.

Schenectady Native John Sayles to Premier Silver City

Homecoming Marks Major Step Forward for Downtown Arts and Entertainment District

June 17, 2004

SCHENECTADY, NY (June 17, 2004) - Schenectady County officials joined with Metroplex and Proctor's Theatre to announce today that Schenectady native John Sayles will return to his hometown on September 18th to premier his new film "Silver City."

Send Word Now Selects Schenectady for Emergency Notification Operations Center

Manhattan Tech-Firm Headed for Downtown Schenectady

July 22, 2004

SCHENECTADY, NY (July 22, 2004) — Schenectady County officials joined with Metroplex to announce today that Send Word Now, a fast growing emergency notification company headquartered in New York City, has selected downtown Schenectady as a hub for the company’s network operations and customer service center. Send Word Now will establish operations in Schenectady later this summer and is projected to ramp up to over 100 new jobs over the next several years. The company will lease space at the former Imperial Building owned by Capital OTB on State Street. Send Word Now will also contribute to downtown safety by donating access to its emergency notification services to the City of Schenectady.

GE R&D Center to Expand in Schenectady County

New Process Development Center Coming to Niskayuna - $25 Million Investment/75,000 Square Foot Lab Expansion

August 9, 2004

SCHENECTADY, NY (August 9, 2004) - Schenectady County officials joined with the Town of Niskayuna and the Schenectady County Industrial Development Agency (IDA) to announce plans by GE to invest $25 million at the company’s Global Research Center in Niskayuna. GE expects to add 30 to 40 new research jobs in Niskayuna by 2007.

Mallozzi's Cafe Italia to move downtown, Precision to expand on Erie Blvd.

Mallozzi's To Invest $2 million in Downtown Schenectady

September 15, 2004

SCHENECTADY, NY (September 15, 2004) — Schenectady County and City officials today joined with Metroplex to announce plans by the Mallozzi Family to invest over $2 million in a renovation of 226 Broadway in downtown Schenectady transforming a partially vacant building into a major commercial bakery and retail coffee/pastry shop in the fast growing Proctor's Entertainment District creating 40 new jobs downtown. The current owner of 226 Broadway, Precision Industrial, will relocate to a new 7,500 square foot building that will be constructed on Erie Boulevard retaining 41 jobs and adding 10 new jobs in the City

Schahet Hotels to move downtown, New Hampton Inn proposed for corner of State and Clinton street

Schahet Hotels To Invest $8 million in Downtown Schenectady

September 29, 2004

SCHENECTADY, NY (September 29, 2004) - Schenectady City and County leaders today joined with Metroplex to announce plans by Schahet Hotels, Inc. to build a new $8 million, 93 room, five-story Hampton Inn in downtown Schenectady at the corner of State and Clinton Streets in the City's fast growing Proctor's Entertainment District.  Schahet Hotels is based in Indianappolis, Indiana.  The company owns and operates hotels in Indiana, Massachusetts, and New York.

Loan Fund for Businesses Impacted by Streetscape Work

Metroplex Board Approves Loan Fund for Businesses Impacted by Streetscape Work

October 13, 2004

SCHENECTADY, NY (October 13, 2004) - The Metroplex Board of Directors today approved a $250,000 loan fund to help businesses impacted by the State Street Streetscape Project. “This new loan fund is designed to help businesses whose walk-in traffic has been hurt by the streetscape project. Our goal is to help existing businesses keep their operations intact and retain jobs until the construction is completed,” said Metroplex Chairman Ray Gillen.

Four Firms Move to Downtown Schenectady

New Restaurant, Florist, Health Care Firm, Ad Agency Add to Momentum Downtown

October 28, 2004

Schenectady County officials joined with the City of Schenectady and Metroplex to announce today that four more businesses will establish operations in downtown Schenectady adding to the momentum established under the unified County/City/Metroplex economic development effort.

NorthEast Sales and Service Signs Lease at Schenectady County Business Center

Locomotive Parts Company Brings Small Business Center Occupancy to 100%

November 10, 2004

Schenectady County officials today joined with Metroplex to announce that NorthEast Sales & Service has signed a lease to occupy over 4,000 square feet at the Schenectady County Community Business Center.  As a result, the Business Center on Albany Street has achieved 100% occupancy for the first time since its establishment in 2000.

Big N To Make Way for College Park

$20 Million Development Includes New YMCA, Office Park

November 22, 2004

Schenectady, N.Y., November 22, 2004 -- Schenectady County officials today joined with Mayor Stratton, Metroplex, the Galesi Group and the Capital District YMCA to announce plans to redevelop the former Big N Plaza on Nott Street as a Business Park featuring a new YMCA and at least three office buildings in a planned development called College Park.

Metroplex Announces 14 Streetscape Loans

December 3, 2004

Schenectady, N.Y., December 3, 2004 - Metroplex today announced  that 14 companies have been approved for funding totaling $140,000 from the Streetscape Relief Fund. The relief fund was established by Metroplex to help companies impacted by the State Street Streetscape Project. The goal is to help these companies retain jobs and expand their business now that the work is nearly complete.

Northeastern Fine Jewelry to Open Store in Downtown Schenectady

Former Carl's Space on State Street Will Feature Unique Jewelry Store

December 21, 2004

Schenectady, N.Y., December 21, 2004 — Schenectady County leaders joined with City officials and Metroplex to announce today plans by Northeastern Fine Jewelry to open a new jewelry store in the front section of the former Carl Company store on State Street adjacent to Proctor's.

Schenectady Metroplex Development Authority
Center City Plaza
433 State Street, Suite 401
Schenectady, NY 12305
phone (518) 377-1109
fax (518) 382-2575