With lessons learned from its inaugural year, the Mid-Hudson Regional Economic Development Council this month sent to Albany a more streamlined strategy for jobs creation and industry growth in its seven-county region and 22 priority projects for which it will compete for state capital funding with nine other regional councils.
The council”™s choice of priority projects is more than seven times the number sent to Albany by the council in 2011, when Gov. Andrew Cuomo launched a regional approach to economic development strategy and jobs creation and announced an initial $200 million in state funding for which 10 regions and their newly formed planning councils competed.
Only one of the mid-Hudson region”™s three priority projects was awarded funding last year, when the council”™s strategic plan was not among judges”™ choices as one of the state”™s four best plans. New York Medical College in Valhalla was awarded a $4 million grant to aid in the development of a biotechnology business incubator on its Grasslands campus.
In this second round of competition, the Mid-Hudson region will compete with five other regional runners-up in 2011 for two awards of up to $25 million in capital funds. The region also could receive a share of an additional $25 million to be divided among the 10 regions and up to $10 million in Excelsior tax credits for jobs-creating employers in the region.
Here is a summary of this year”™s priority projects included in the mid-Hudson council”™s recent progress report to the state:
New York Medical College, iBio-NY, the biotech incubator project in Valhalla sponsored by a public-private partnership.  Â
Total cost: $20 million. Funding request: $6 million.
Total jobs created: 10 direct, 197 indirect. Construction jobs: 125.
Regional Children”™s Assessment Center, a proposed 60-bed specialty hospital for children with autism, severe developmental disabilities and medical complexities at the Center for Discovery in Sullivan County.
Total cost: $36 million. Funding request: $6 million.
Total jobs: 300. Construction jobs: 120.
Touro College of Osteopathic Medicine, a four-year medical school emphasizing primary-care physician training on the Middletown campus of Orange Regional Medical Center”™s Horton Hospital, proposed by the owner of New York Medical College.
Total cost: $8.5 million. Funding request: $1.5 million.
Total jobs: 150. Construction jobs: 150 direct, 800 indirect.
Crystal Run Healthcare, a for-profit multispecialty medical practice, proposes to build a 128,000-square-foot outpatient facility in the village of Monroe. Â
Total cost: $54.3 million. Funding request: $5 million in capital, $6 million in tax credits.
Total jobs: 452. Construction jobs: 200.
Bon Secours Charity Health System / Good Samaritan Hospital proposes to build a 100,000-square-foot medical office building that includes a regional cancer center and medical reference lab in the village of Montebello. Â
Total cost: $51 million. Funding request: $20 million.
Total jobs: 80. Construction jobs: 75.
Northern Westchester Hospital will build a 43,000-square-foot surgical-suite addition in Mount Kisco.
Total cost: $42.2 million. Funding request: $1 million.
Total jobs: 116. Construction jobs: 128.
Sound Shore Medical Center is partnering with Landmark Healthcare Facilities to build a medical office building at its New Rochelle hospital.
Total cost: $59.7 million. Funding request: $3.6 million.
Total jobs: 160. Construction jobs: 600.
VBT Laboratories L.L.C., a startup contract research organization in Westchester County, will provide highly specialized testing and other support services for biotechnology and pharmaceutical companies.
Total cost: $8.1 million. Funding request: $800,000 in capital, $156,650 in tax credits.
Center for Global Advanced Manufacturing, a joint academic and manufacturing industry project based at Mount St. Mary College in Newburgh to provide technology and business support to the region”™s 1,771 manufacturing firms.
Total cost: $6.1 million. Funding request: $1,525,000.
Total jobs: 1,150 indirect. Construction jobs: 2.
Cloud Computing and Analytics Center, a partnership project of IBM Corp. and Marist College in Poughkeepsie that will provide access to emerging technologies for businesses in the region and contribute to the New York State High Performance Computing Consortium.
Total cost: $42.4 million. Funding request: $3.75 million.
Total jobs: 18 direct, 300 indirectly created or retained. Â
Matrix Distribution Park, a 500,000-square-foot warehouse and distribution facility planned by Matrix Development Group on a 69-acre tract in the town of Newburgh.
Total cost: $39.8 million. Funding request: $7 million.
Total jobs: 350. Construction jobs: 150.
Madava Farms L.L.C. proposes to add a visitor center and expand manufacturing capacity at its Crown Maple syrup-producing operation in the town of Dover.
Total cost: $4.3 million. Funding request: $863,760.
Total jobs: 59. Construction jobs: 20.
The Culinary Institute of America plans to build the Marriott Pavilion conference center on its Hyde park campus that will serve as the hub of the Hudson Valley Food and Beverage Alliance formed this year.
Total cost: $4.4 million. Funding request: $900,000 in capital, $100,000 Agriculture and Markets grant.
Total jobs: 4.
Hyde Park Hotel Ventures proposes a 138-room Renaissance by Marriott hotel and conference center on leased land on the Culinary Institute campus in Hyde Park.
Total cost: $35.9 million. Funding request: $1.8 million.
Total jobs: 120. Construction jobs: 120.
The Glenwood Power Plant, a public-private project to restore and redevelop the 240,000-square-foot, 105-year-old abandoned power plant in Yonkers.
Total cost: $175 million. Funding request: $25 million.
Total jobs: 713 indirect. Construction jobs: 1,055.
Hudson Landing Promenade, a public-private intermunicipal partnership project to build a one-mile walkway along the Hudson River in Ulster County.
Total cost: $5.8 million. Funding request: $2.9 million.
Total jobs: 62 indirect. Construction jobs: 60.
Entertainment Properties Trust proposes to build the 1,500-acre Concord Resort, a mixed-use development in Sullivan County.
Total cost: $44.5 million. Funding request: $8.9 million.
Total jobs: 2,600 indirect. Construction jobs: 737.
Hudson Valley Food Hub, a project to expand the food processing and distribution infrastructure of Farm to Table Co-Packers and Hudson Valley Harvest in Ulster County.
Total cost: $1.8 million. Funding request: $351,205.
Total jobs: 28. Construction jobs: 12.
Bread Alone is building an artisan bakery, a shovel-ready project in Ulster County.
Total cost: $5.4 million. Funding request: $900,000.
Total jobs: 12 new, 85 retained. Construction jobs: 15.
Dover Knolls, a proposed mixed-use, transit-oriented development at the former Harlem Valley Psychiatric Hospital in Dutchess County.
Total cost: $81 million. Funding request: $5 million.
Total jobs: 1,120 indirect. Construction jobs: 5,960.
Echo Bay, a planned residential redevelopment project of Forest City Residential on industrial and city-owned land on Long Island Sound in New Rochelle.
Total cost: $30 million. Funding request: $3 million in capital, $3 million New York Department of State grant.
Total jobs: 78 indirect. Construction jobs: 463.
Yonkers Rising Development plans to rehabilitate and convert five nearly vacant properties on Mill Street in downtown Yonkers into 40 live-work lofts and 17,000 square feet of café and retail space.
Total cost: $22.3 million. Funding request: $4,457,158.
Total jobs: 298 indirect. Construction jobs: 94.
