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65 New Downtown Apartments Proposed by Batavia DRI Strategic Projects
BATAVIA, NY – The Genesee County Economic Development Center (GCEDC) board of directors will consider accepting applications for assistance from two Batavia Downtown Revitalization Initiative (DRI) strategic projects at the GCEDC’s February 6, 2020 board meeting.
Together, the Ellicott Station and Ellicott Place projects are proposing 65 new apartments that support Genesee County’s EDGE economic development strategy for housing to support the growth of Genesee County’s businesses and communities.
Ellicott Station is a $22.5 million mixed-use brownfield redevelopment project by Savarino Companies that includes adaptive re-use and new construction at 40,50 and 56 Ellicott St., a blighted property in a key gateway entrance to downtown Batavia, and the creation of 20 additional jobs to downtown Batavia’s business community.
Considerable brownfield remediation, site improvements, and construction is proposed, with the project proposing a 5-story apartment building with 55 new modern workforce housing units, along with a brewery, restaurant/beer garden, and preparation for additional development at the 3.31-acre campus.
Ellicott Station is requesting approximately $3.6 million in economic incentives, with a $2,105,792 property tax exemption, a $790,512 sales tax exemption, and a $180,792 mortgage tax exemption. Revenues from the project will also contribute to the Batavia Pathway to Prosperity brownfield redevelopment fund.
Ellicott Place is a $3.1 million redevelopment of 45-47 Ellicott St. by V.J. Gautieri Constructors that includes the creation of and access to residential and commercial spaces in downtown Batavia.
The project will construct 10 second-floor apartments at the existing facility, along with the development of first-floor storefronts and building-wide façade improvements. The redevelopment of Ellicott Place is estimated to create nine additional jobs to downtown Batavia’s business community.
Ellicott Place is requesting approximately $130,000 in economic incentives, with a $110,400 sales tax exemption and a $20,000 mortgage tax exemption.
Ellicott Station and Ellicott Place were among eight transformational investments announced by Gov. Andrew Cuomo as enabling the Batavia DRI’s strategy to drive new, mixed-use development, improved access to local healthcare, and transform public spaces for community use.
Since both the projects are requesting over $100,000 in incentives, public hearings will be scheduled for comment and feedback to the requests.