Two projects submitted to the Genesee County Economic Development Center are projected to generate $5.8 million in community benefits.

The Genesee County Economic Development Center (GCEDC) board of directors advanced an initial resolution at its May 1 meeting for Ivy Village Corp’s proposed second phase construction of 20 units of market-rate adult patio homes in the Village of LeRoy. The first phase included the construction of 10 market-rate senior housing duplexes.

The proposed addition of 20 units of market-rate patio homes would add 24,960 sq. ft in the second phase of a three-phase, 60-unit development on 16 acres. The first phase added 35,312 sq. ft of new buildings for a combined construction of 60,272 sq. ft. The project is investing $3.5 million for the second phase.

Ivy Village Corp is requesting a sales tax exemption estimated at $168,000, a mortgage tax exemption estimated at $28,000, and a property tax abatement estimated at $669,440 based on the incremental increase in assessed value via a 20-year PILOT. The project is estimated to generate $2.7 million in local fiscal impacts, including payroll and tax revenues, for an estimated $4 local benefit for every $1 of requested incentives.

A public hearing on the proposed project agreements will be held in the Village of LeRoy.

The GCEDC board of directors approved a final resolution for Appletree Acres, LLC. The company proposed adding a 20,000 square-foot expansion to an existing 50,000 square-foot warehouse in the Apple Tree Acres corporate park.

The $1.237 million investment will create four full-time equivalent positions with an estimated annual salary range between $45,000 and $65,000 plus benefits.