January 20, 2022

Cortland projects get $2.4M from REDC

Gutchess Lumber Sports Complex, an historic building in downtown Cortland, and two agricultural facilities are among a handful of Cortland County awardees in the latest round of state Regional Economic Development Council funding, Gov. Kathy Hochul announced Wednesday.

The town of Dryden got money for a sewer district, the village of Groton got funds toward a comprehensive plan and a multi-county startup incubator centered around Cornell University was also funded.

The awards are for the first two of four funding rounds for the Central New York Region, comprising Cortland, Madison, Cayuga, Oswego and Onondaga counties, and for the Southern Tier region, which includes Tompkins County.

The third round of capital funding is to be announced in the next two weeks and the fourth round early next year.

“These projects are of significant impact in our community,” said Garry VanGorder, an REDC board member
and executive director of the Cortland County Business Development Corp. “We appreciate Gov. Hochul’s ongoing commitment to Cortland County and Central Upstate New York.”

“The pandemic toll touched every corner of the state and every sector of New York’s economy, and as a result we must ensure that our recovery does the same,” Hochul said. “As we move forward from the pandemic, we are using the rolling grant process to build New York State back better by supporting shovel-ready projects with the potential to accelerate new investments and catalyze economic growth in every community.”

The largest grant winner in Central New York was Fotokite in Syracuse, which got $5 million, — $2.5 million in an Empire State Development grant and $2.5 million in tax credits — to develop a global production center for Perspective Robotics. The project, which includes $21 million in private investment, would create more than 200 jobs, the state announced.

The greater Cortland area awardees:

  • Gutchess Sports Complex in Cortlandville got $500,000 from the state Office of Parks, Recreation, and Historic Preservation to help fund walking trails, a restroom/changing facility, a shade structure for the park’s playground and landscaping.
  • The Keator Block at Main and Port Watson streets will get $500,000 for renovations to a building erected in 1835. The structure is home to Bernard’s Custom Logo & Trophy as well as several apartments on the upper floors.
  • Main Street Farms got $410,590 to add cold storage capacity. It will also get help to expand space and get equipment to wash and store produce, as well as install a solar array.
  • New York Hemp Oil will get $300,000 for renovations and an expansion, as well as increased testing capabilities.
  • Cortland County will share in a five-county biotechnology business incubator that will get $625,000. The facility will be centered around Upstate Medical University in Syracuse.
  • The Cortland County Soil and Water Conservation District will get $30,000 to develop a stream corridor management plan and engineering design support for a streambank stabilization program on Hoxie Creek.
  • The town of Dryden will get $1.25 million for improvements to its sewer district in the hamlet of Varna, increasing capacity and refurbishing aging infrastructure.
  • The village of Groton will get $50,000 to help develop a comprehensive plan.
  • The town of Lansing will get $750,000 to improve Myers Park.
  • Tompkins County will be part of an eight-county, $1.25 million startup incubator network
    centered around Cornell University.
  • The village of DeRuyter will get $39,425 for a water system engineering and needs assessment report.