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Posted: Apr 09, 2013

Business Plan Competition to Award up to Three 'Tech Valley' New York Commercial Properties, Near Nanotechnology and Medical Device Clusters

(Nanowerk News) High-tech businesses seeking to locate in upstate New York's fast-growing "Tech Valley" and near the expanding semiconductor chip fabrication plant, GLOBALFOUNDRIES in Malta, New York can win a site in a competition that will award up to three commercial parcels this summer. EDC Warren County (NY) is now accepting applications for the "Open for Business" 2013 Site Competition.
"We have prime sites in Warren County and seek to attract growing businesses, which will create jobs as they expand," notes John Wheatley, Vice President of EDC Warren County. "Given the commercial/light industrial zoning for these three sites, the locations are ideal for business/professional services, construction companies, light manufacturing, offices, or research and development facilities.
"This competition invites innovative proposals to help shape the county's future growth," stated EDC Board Chairman Chuck Barton, COO of Barton International. "Our expert selection committee will evaluate the submissions for business plan quality, financial projection credibility, total new capital investment, jobs created/retained, potential for future growth, and the expertise of the management team."
In addition to Warren County's proximity to GLOBALFOUNDRIES and the R&D occurring in the region at RPI, University at Albany's nanotechnology campus, and GE Global Research, the county has existing concentrations in medical device manufacturing, financial services, and also tourism, with New York's Adirondack Mountain region and Lake George being prime attractions.
Three Sites Available
Competition applicants will submit a proposal for one of three parcels and will be judged against other applicants for the same site. Up to three winners will receive a commercial property in Queensbury, Warren County, New York, at no land cost. Winners must pay a transfer fee offsetting legal costs and will assume all costs of development over and above land acquisition.
SITE A: Lot 4 in Queensbury Business Park, a NYS Certified shovel-ready 3.8-acre lot with all utilities available. Zoned commercial/light industrial (CLI). Site is pre-approved for a 25,000 square foot office/warehouse building.
SITE B: Lot 3 in Queensbury Business Park, a NYS Certified shovel-ready 11-acre site with all utilities available. Approximately 50% useable. Zoned commercial/light industrial (CLI).
SITE C: Southwest corner of Dix Avenue and Progress Boulevard, Queensbury NY. Total 1.3-acre site with frontage and visibility on Dix Avenue. Zoned commercial/light industrial (CLI). Adjoins additional vacant 1.5-acre site currently available for sale.
Competition Requirements and Timeline
The competition is open to all non-retail businesses willing to locate and develop facilities on the awarded lot. Further information at www.edcwc.org and via John Wheatley at 518-761-6007 ext 306.
Deadline for submission is close of business, June 28th, 2013. The award will be announced August 29th, 2013.
Preferred/Eligible Applicants
Non-retail businesses meeting the following conditions are encouraged to apply:
  • Manufacturers with or without logistics attached
  • Back office or shared services centers; technical support/operations centers
  • Warehouse/distribution centers; especially those which support existing manufacturing operations in Warren or Washington Counties
  • Developers who have a tenant meeting the above qualifications, and with a minimum five-year lease commitment
  • Businesses already located in either Warren or Washington Counties must provide a detailed business case for relocating from their existing place of operation to one of the business plan contest sites
  • Source: EDC (press release)
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