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GCEDC Directors to Consider $13 Million of Project Investments in Batavia

Posted by admin at 9:00 AM on Nov 30, 2021

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BATAVIA, NY – The Genesee County Economic Development Center (GCEDC) Board of Directors will consider a final resolution for a proposed $4.5 million financial investment by Valiant Real Estate USA Inc. for the New York Bus Sales operations facility in the town of Batavia at its board meeting on Thursday, December 2, 2021.

The 20,000 sq. ft. facility would include office space, and training space, repair areas and storage in order to support school districts and bus operators across Genesee County. The project would include infrastructure to support future utilization of electric/clean energy vehicles and related initiatives.

The facility would be located on Saile Drive in the town of Batavia. Over the next three years Valiant Real Estate USA Inc. plans to create up to 19 new jobs and the creation of 12 part-time jobs.

The GCEDC Board is considering $430,120 in estimated assistance to support the project. A public hearing on the proposed project incentives was held October 5, 2021. For every $1 of assistance proposed, the project is estimated to produce $50 of economic activity.

The GCEDC Board also will hear an initial resolution to consider the purchase of a vacant 147,000 sq. ft building in the Gateway I Corporate Park by Mega Properties Inc., which plans to develop the building into a warehouse distribution facility.

The potential $8.5 million financial investment by Mega Properties Inc. would retain nine full-time employees and the creation of up to 11 new jobs. The project has requested approximately $600,000 in property, sales, and mortgage tax exemptions.

“There is a huge demand in the marketplace for operations and warehouse space not only regionally but across the nation,” said GCEDC President and CEO Steve Hyde. “The dynamics of supply chain economics is impacting every industry sector and the need for more storage and distribution space is vital to future economic development.”

If the application is accepted, a public hearing on the proposed project incentives will be scheduled in the town of Batavia. For every $1 of assistance proposed, the project is estimated to produce $7 of economic activity.

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