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Archived NEWS & Updates from 2006

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Closed Sunoco Station at Corner of Nott Terrace and Liberty Street to Come Down

Metroplex and Picotte Will Work to Redevelop Site

January 25, 2006

Schenectady, N.Y., January 25, 2006 -- Metroplex today joined with officials of the Picotte Companies to announce plans to demolish the closed Sunoco Station at the corner of Nott Terrace and Liberty Street in downtown Schenectady. Demolition will commence by the end of March weather permitting.

Bicycle Parts Distributor Selects Rotterdam for Northeast Distribution Center

J&B Importers to Create 20 Jobs at Rotterdam Industrial Park

February 17, 2006

Schenectady, N.Y., February 17, 2006  --  Schenectady County officials today announced that J&B Importers, Inc., the largest wholesaler of bicycle parts in the United States, has selected Schenectady County as the site for the  company’s northeast distribution center creating 20 new jobs at the Rotterdam Industrial  Park.

Susan E. Savage, Chair of the Schenectady County Legislature said, “We continue to attract new companies and new jobs to Schenectady County.  This is another positive step forward in our efforts to position Schenectady County as a leading location for growing businesses.”

Send Word Now In Downtown Schenectady Will Coordinate National Organ Donation Notification Service

February 23, 2006

Schenectady, NY (February 23, 2006) — Send Word Now, an emergency notification and incident management service that has its network operations and customer service hub in Schenectady, has signed an agreement with United Network for Organ Sharing (UNOS) to collaboratively build and deliver electronic notifications of available organs between those awaiting transplants and organ donors across the United States.

Schenectady Transportation Center Moves Forward

CDTA Board Approves Planning Phase of Project

February 23, 2006

Schenectady, NY — February 23, 2006 - The Capital District Transportation Authority (CDTA) has  approved a $200,000 contract award to Kise, Straw and Kolodner, Inc. of Philadelphia and Creighton Manning of Albany to launch a study to examine the possibilities and opportunities for a Transportation Center in downtown Schenectady. The study will focus on improvements to the existing Amtrak station and ways to link the station to CDTA bus service in downtown Schenectady.

Schenectady Military Affairs Council Receives $50,000 State Grant

Base Retention Efforts to Continue after BRAC Process Affirms Importance of Mission

February 28, 2006

Schenectady, N.Y., February 28, 2006 -- Schenectady County officials today joined with the Chamber of Schenectady County to announce receipt of a $50,000 grant from Empire State Development (ESD) to continue efforts by the Schenectady Military Affairs Council (SMAC) to protect missions and jobs at the Stratton Air National Guard Base in Glenville.

Demolition Project Will Improve Broadway Entrance to Schenectady

State and Local Support Will Fund Removal of Derelict Buildings

March 2, 2006

Schenectady, N.Y.,  March 2, 2006 — State, County and City  agencies  will work together to fund demolition of two derelict buildings at the intersection of I-890 and Broadway, a primary entrance to Schenectady for patrons of Proctors Theatre and other downtown attractions.

Schenectady Cinema Project Moves Forward

Film Journal Highlights Bow Tie Partners

March 8, 2006

Schenectady, N.Y., March 8, 2006 -- Metroplex today provided an update on the downtown cinema and office complex to be constructed at the corner of State and Broadway in downtown Schenectady.

Schenectady Welcomes Racing and Wagering Board to Downtown

Agency Headquarters and 70 Jobs Move to Broadway Center

March 13, 2006

Schenectady, N.Y., March 13, 2006 — Schenectady County officials today officially welcomed the New York State Racing and Wagering Board to downtown Schenectady. The agency, which regulates casinos, charitable gaming and pari-mutuel betting in New York, has relocated its headquarters and 70 jobs to the Broadway Center Building in downtown Schenectady.

Upper Union Street Renovations Continue

Key City Business District Benefits from Façade Program

May 4, 2006

Schenectady, N.Y., May 4, 2006 -- The Upper Union Street Business Improvement District (BID) and Metroplex today provided an update on ongoing façade improvements planned or underway on Upper Union Street. A new café is scheduled to open in a vacant storefront at 1625 Union Street and a new Farmers Market will get underway this Saturday and continue throughout the summer and early fall.

Schenectady Farmers Market to Open May 18th

May 8, 2006

Schenectady, N.Y., May 8, 2006 -- The Schenectady Farmers Market will open its downtown location adjacent to Schenectady City Hall on May 18th. The Downtown Market will operate from 9:00 a.m. until 1:00 p.m. every Thursday through October 26th. Plenty of free parking is available in the Franklin Street and Clinton Street parking lots located one block west and south of the Market. Two hour free parking is provided.

Senator Farley Announces $1 Million for Graduate College of Union University

Senator Farley Announces $1 Million for Graduate College of Union University - Graduate College will be remaining in Schenectady

May 18, 2006

Thursday, May 18, 2006 - State Senator Hugh T. Farley (R.C - Schenectady) today announced a grant of one million dollars toward the establishment of a freestanding campus for the Graduate College of Union University.

Highbridge Development Plans New Office Building Downtown

New 10,000 Square Foot Building Headed for Fast Growing Broadway Corridor

June 21, 2006

Schenectady, N.Y., June 21, 2006 - Highbridge Development plans to construct a new 10,000 square foot mixed-use office and retail building in downtown Schenectady. Plans for the new building will be presented to the City Planning Commission for preliminary review later today.

Federal Government Puts 53 Acres in Glenville on the Market

McNulty Leads Effort to Make Site Available for Economic Development

June 23, 2006

Schenectady, N.Y., June 23, 2006 - Schenectady County officials today joined with officials from the Town of Glenville and Metroplex to recognize Congressman Michael R. McNulty (D-Green Island) for his assistance in convincing the General Services Administration (GSA) to move forward with a notice of surplus determination for over 53 acres of land in Glenville that will be redeveloped as part of the new Scotia-Glenville Business and Technology Park.

Quality Roofing Supplies Expands Again in Schenectady

Highbridge Development Will Construct New 19,000 Square Foot Facility on Edison Avenue in Downtown Schenectady

July 10, 2006

Schenectady, N.Y., July 10, 2006 -- Metroplex today joined with County and City officials to announce that Quality Roofing Supplies will continue its rapid growth in Schenectady by constructing a new 19,000 square foot distribution center on Edison Avenue. Highbridge Development will build the new facility and lease it back to the fast growing roofing supplier that added 26,000 square feet of space to its current downtown Schenectady location last year. The new 19,000 square foot building represents an additional investment in Schenectady County of more than $1.35 million.

SEPSA Establishes North American Manufacturing Facility in Schenectady County

July 12, 2006

Schenectady, NY -- July 12, 2006 -- SEPSA Corporation, a Madrid, Spain based leader in designing and manufacturing transit equipment will establish its North American manufacturing facility in Schenectady County. SEPSA has entered into a lease with an option to purchase a 17,000 square foot facility on Duane Avenue in Schenectady creating over 35 jobs immediately with the potential to increase to more than 100 jobs over the next few years. SEPSA also operates two manufacturing plants in Spain and a plant in China.

Moody's Rating Affirms Schenectady County's Economic Development Efforts and Financial Performance

July 13, 2006

(Schenectady, NY) Legislature Chairwoman Susan Savage announced Thursday that Moody's Investor Services has assigned a bond rating of Aa2 to Schenectady County's pending $13 million general obligation serial bond issue. At the same time, Moody's has removed the negative outlook that was assigned to the County at the time of last year's bond issue, reflecting the County's return to structural balance in fiscal year 2005 and balanced operations in fiscal year 2006.

Metroplex Completes Sale of Four Buildings Downtown

July 14, 2006

Schenectady, N.Y., July 14, 2006 -- Metroplex announced today that it has completed the sale of four buildings on State Street to Angelo Mazzone and Paul Sciocchetti. The four buildings at 414-416, 420, 422 and 426 State Street are located between Proctors and the new cinema/office complex under construction at the corner of State and Broadway.

Futia's Famous Pizza Dough, Inc. Graduates from SCCBC

August 3, 2006

Schenectady, N.Y., -- Tom Futia, owner of Futia's Famous Pizza Dough Inc. has officially "graduated" from the Schenectady County Community Business Center (SCCBC) which provides start-up space for new companies along with loans and small business counseling services. The pizza dough manufacturer occupied 2,335 square feet of the Business Center from February 2001 until the company's recent graduation. The company is now located in roughly 5,000 square feet at the Rotterdam Industrial Park.

DSIC Continues to Beautify Downtown Schenectady With Approval of Three More Façade Projects

August 15, 2006

Schenectady, NY, August 15, 2006 -- The Downtown Schenectady Improvement Corporation (DSIC) today announced that three more buildings downtown will be renovated using a combination of private funding and matching grants from the DSIC façade program which is funded by Metroplex. With these additional projects getting underway, the façade program has now helped to restore and improve more than 40 buildings in downtown Schenectady.

ESD Chairman Announces Company to Invest in Schenectady County

Specialty Quality Packaging to Create 34 New Jobs, Retain 36 Jobs

August 29, 2006

Empire State Development Chairman Charles A. Gargano announced today that Specialty Quality Packaging (SQP), a manufacturer of paper food boats and other related paper food containers, plans to invest approximately $4.5 million to purchase and improve the roughly 250,000 square foot facility which it currently leases in Glenville, Schenectady County. The project is expected to create 34 new jobs within three years and retain 36 existing jobs.

City Outlines Goals for Restore New York Funding Application

State Street, Robinson, College Park Projects Could Mean Over $30 Million in New Development in Schenectady

September 11, 2006

Schenectady, N.Y., September 11, 2006 - City officials today outlined plans to apply for funding from the Restore New York program. The Governor and State Legislature enacted the Restore New York Program as part of this years' budget to help local governments revitalize urban centers, encourage economic development and attract residents and businesses to urban areas creating vibrant communities, new tax base, and new jobs. A total of $50 million is available this year with another $250 million to be awarded in the next two years.

Fresh Express Leases Space at Schenectady County Community Business Center

September 14, 2006

Schenectady, N.Y., September 14, 2006 - Fresh Express has signed a lease to occupy 1,344 square feet at the Schenectady County Community Business Center (SCCBC). The company plans to take occupancy on October 1, 2006.

Metroplex to Issue RFP for Weigh Station Redevelopment

Goal is to Develop Historic Site Downtown on Busy Broadway Corridor

September 18, 2006

Schenectady, N.Y., September 18, 2006 --- Metroplex today joined with City and County leaders to announce plans to issue a request for proposals (RFP) to developers who may be interested in redeveloping the former weigh station building on Broadway in downtown Schenectady.

Schenectady YMCA Capital Campaign Receives $1,000,000

NYS Legislative Grant to Bolster Drive for New YMCA Project

September 27, 2006

The Schenectady YMCA Capital Campaign has received a $1,000,000 New York State Legislative Grant secured by Assemblyman Paul D. Tonko, (D - Schenectady / Montgomery Counties), to further the committee’s efforts to raise the $8.0 million needed to construct the proposed 60,000 square foot two-story facility.

Governor Announces $1 Million for Union Graduate College's New Downtown Campus

Funding to Assist in Construction of new $11 million, 36,000 Square Foot Campus Builds on State and Local Efforts to Revitalize the Downtown Area

October 3, 2006

Governor George E. Pataki today announced $1 million for the Union Graduate College in Schenectady to help fund a 36,000-square foot downtown facility that will be home to the college’s graduate studies campus.

GE Global Research Decides to Retain Building

Growth Since Start of Renovation Project Requires Additional Space; New Tax Assessment Benefits County/Town/School District

October 6, 2006

Schenectady, N.Y., October, 6, 2006 -- The Schenectady County Industrial Development Agency (IDA) today approved a new project at the GE Global Research Center in Niskayuna.

Proctor's Expands Jay Street Studios

New Artist Space Made Available

October 12, 2006

SCHENECTADY, NY---Proctor’s Theatre and The 440 Arts Center, working with Synthesis Architects, are expanding the availability of artist based studio space on Jay Street. Three new spaces, one in the former Graubart Jewelry store and two others within the first floor of the architectural office building will supplement those already existing incubator spaces at the Jay Street Studios.

Metroplex Bond Rating Boosted

October 12, 2006

Schenectady, N.Y., October 12, 2006 -- Metroplex today reported that Standard and Poors has increased the Authority’s bond rating from A to A+. Moody’s continues to assign an A2 rating to Metroplex. Both agencies issued ratings in the past week as Metroplex continues it work as the lead economic development agency in Schenectady County funded in part by a portion of the County sales tax.

Metroplex Approves Demolition Contract

October 13, 2006

Schenectady, N.Y., October 13, 2006 --- The Metroplex Board of Directors has approved a contract worth $179,400 to Jackson Demolition, based in Schenectady, to take down an empty warehouse building located behind State Street. Jackson was the low bidder for the contract which was competitively awarded by Metroplex consistent with its procurement regulations.

State Commission on Quality Care to Expand in Schenectady

October 20, 2006

Schenectady, N.Y., October 20, 2006 -- Schenectady County officials today announced plans to renovate 409 State Street to handle an expansion by the State Commission on Quality of Care and Advocacy for Persons with Disabilities, currently based at 401 State Street. The expansion will add 23 new jobs to the existing Commission workforce of 101 employees.

Senator Farley Announces Approval of $3.4 Million in Restore-NY Grants for theCity of Schenectady and Town of Rotterdam

October 26, 2006

State Senator Hugh T. Farley today announced that the City of Schenectady has been awarded a Restore-NY grant of $1,431,468 for the rehabilitation/restoration of part of the Central Business District in downtown Schenectady. The grant will help revitalize the section of State Street between Clinton and Jay, across from the new hotel which is being constructed.

Metroplex Board Approves AddingFifteen Cameras to Downtown Wireless System

November 21, 2006

Schenectady, N.Y., November 21, 2006 -- The Metroplex Board of Directors has approved plans to add fifteen wireless cameras to Downtown Schenectady’s wireless network.

New Office Building Downtown Lands OfficeTenant

Minnesota-based Insurance Firm Selects Schenectady County

December 5, 2006

Schenectady, N.Y., December 5, 2006 -- Metroplex today announced that Security American Financial Enterprises (SAFE), headquartered in Minnesota, will lease 5,000 square feet of office space in Schenectady County moving 20 jobs to the heart of downtown with the potential for further growth in the years ahead.

Metroplex Board Approves Upper Union Facade Funding, Secures Agreement with Amtrak for More Parking Downtown and Awards Contract for Parking Lot Maintenance

IDA Moves Forward with College Park, Movieland and Peek Street Projects

December 14, 2006

Schenectady, N.Y., December 13, 2006 --- In another busy day for economic development in Schenectady, both Metroplex and the City Industrial Development Agency held meetings today.

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