YONKERS, N.Y. – Westchester is well-represented in the Mid-Hudson Valley’s plan for economic development.
Seven Westchester projects were selected as regional priorities last week by the Mid-Hudson Regional Economic Development Council, ensuring that each will get a crack at a pool of state money set to be distributed in the fall.
“When the Council endorses a project as a regional priority it sends a strong message to the state that it closely aligns with our strategic plan for the region to grow our economy and create much needed jobs," regional council co-Chairs Dennis Murray and Leonard Schleifer said in a statement.
In all, the Mid-Hudson council selected 22 projects from seven counties. Gov. Andrew Cuomo’s office is expected to make a decision in the fall on which of these projects will be funded and how much each will receive.
Last year, the state awarded $67 million to the Mid-Hudson Regional Economic Development Council, and more than $38 million went to projects in Westchester.
"The work of the Regional Council and the priority projects identified clearly reflect the diversity of the Hudson Valley economic landscape,” Marsha Gordon, president of the Business Council of Westchester, said in a statement.
In Yonkers, Mayor Mike Spano nominated three projects earlier this year, two of which were selected. They include the transformation of the dilapidated Glenwood Power Station into a hotel and convention center, and Yonkers Rising, a mixed-used redevelopment of downtown Yonkers.
“It’ll bring jobs to Yonkers, and it’s the sort of thing that will have the ‘wow’ effect on the waterfront,” City Council President Chuck Lesnick has said of the power station renovation. “It’ll be spectacular.”
The remaining Westchester projects selected are the Echo Bay Waterfront redevelopment and a parking garage for the Sound Shore Medical Center, both in New Rochelle; an iBio Incubator that will offer laboratory and office space and services for startup biotechnology companies in Valhalla; construction of six state-of-the-art operating rooms at Northern Westchester Hospital in Mount Kisco; and a contract research organization supporting clinical trials of vaccines and biologics at VBT Laboratories in Tarrytown.