Orange County Advanced Manufacturing Project Secures NY State Shovel-Ready Grant

The development will feature multiple buildings in a variety of sizes tailored for advanced manufacturing uses.

Orange County Advanced Manufacturing Project Secures NY State Shovel-Ready Grant
An aerial of the Aden Brook Business Park site in Montgomery.

MONTGOMERY—A proposed project to locate a multi-building advanced manufacturing complex at the Aden Brook Commerce Park here was one of seven winners of the Focused Attraction of Shovel-Ready Tracts New York (FAST NY) grant awards geared to providing funding for shovel-ready projects.

On Friday, New York Gov. Kathy Hochul announced that more than $45 million had been awarded to improve seven upstate locations under the FAST NY program. In addition to the grant awards, the governor also proposed an additional $100 million in the FY2025 Executive Budget to expand the FAST NY program and build on its success in preparing sites across the state for shovel readiness.

The Aden Brook Commerce Park, through the Orange County Industrial Development Agency and with the assistance of the Orange County Partnership, secured a $462,500 FAST NY grant to help with the advancement of the SEQRA process and help to cover costs related to engineering and site design. The site, when developed, will target the advanced manufacturing industry sector, with a particular focus on life science, the semiconductor supply chain, clean-tech, and value-added assembly. This site is approximately four miles from I-84, in an industrial corridor that includes Medline Industries and is adjacent to the Orange County Airport.

“From the Hudson Valley to the Southern Tier, these FAST NY investments are helping to unlock economic opportunity all across our state,” Gov. Hochul said. “Businesses of the future are flocking to New York because of our top-notch workforce, our thoughtful incentives, and our turnkey, shovel-ready sites, and I am committed to working with the Legislature to bring in even more 21st century employers and grow the jobs of tomorrow in our state.”

The Aden Brook Commerce Park was the only proposed project in the Hudson Valley to secure the latest round of FAST NY funding. The development to be built on a 116-acre farm site, will feature multiple buildings in a variety of sizes tailored for advanced manufacturing uses such as life sciences, microelectronics, and clean tech, according to an announcement by the Orange County Partnership.

“Winning the FAST NY Shovel-Ready Grant for Aden Brook Business Park marks an exciting moment for Orange County. This investment will unlock opportunities for advanced manufacturing and help us attract innovative companies. The impact will reverberate across the county, creating jobs, attracting cutting-edge industries, and solidifying Orange County’s position as a hub for dynamic business development,” said Maureen Halahan, President, and CEO of the Orange County Partnership.

Bill Fioravanti, Executive Director of the Orange County IDA, added, “The Orange County IDA is proud to have teamed up with the Orange County Partnership in submitting this grant application—these grant monies will help facilitate the development of our newest advanced manufacturing park, creating good-paying jobs and delivering tax revenue to the residents of Orange County.”

"As Orange County Executive, economic development is one of my core priorities. I am excited by the potential to use this business park to recruit world-renowned companies to our community. This achievement is a testament to our commitment to progress, and I look forward to the positive transformation it brings to Orange County” said Steve Neuhaus, Orange County Executive.

Among the top five FAST NY grant award winners was Oneida County, which received $23.6 million for a proposed semiconductor campus at the Triangle Site, located at Griffiss International Airport in the City of Rome

The Broome County IDA secured $11.3 million for a development site located at the former BAE site on Main St in Johnson City. The Chemung County IDA landed $4 million for a project located on North Main St in Horseheads that will allow for upgrades including improvements to the existing rail, water, sewer, and stormwater infrastructure to support planned growth and development at the site. The site improvements will enable the construction of an anticipated 765,000 square feet of modern manufacturing, warehousing and logistics facilities.

A development in Niagara County was awarded $3,258,450 for a project located at Niagara County Business Park on Junction Rd. in Cambria that will allow for site preparations and infrastructure improvements for an advanced manufacturing use on a 60-acre campus. Finally, a project at the Clinton County airport property in Plattsburgh was granted $3 million for infrastructure improvements to allow for the development of 135 acres of land for manufacturing, light industrial processing, warehousing, and distribution users.

Since its inception, FAST NY has awarded more than $175 million to 20 sites in every upstate region.

John Jordan

Editor, Real Estate In-Depth

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