City of Schenectady IDA
About
The City of Schenectady Industrial Development Agency works alongside the Schenectady County Metroplex Development Authority at 433 State Street, 4th Floor, in downtown Schenectady. Metroplex, chaired by Ray Gillen, has driven downtown Schenectady’s redevelopment for two decades, from Mohawk Harbor and Gateway Plaza to the conversion of buildings such as 430 Franklin Street and The Benjamin at 132 Broadway.
Recent news includes Governor Hochul’s announcement of a $225 million GE Aerospace investment in Schenectady. Metroplex also backs the BelGioioso cheese plant in the Glenville Business and Technology Park and Rotterdam Corporate Park.
What to know
- Metroplex is funded by a share of county sales tax.
- Mohawk Harbor and Rivers Casino were the largest downtown project.
- SummerNight and the Stockade-athon are Metroplex-supported events.
- The board includes Neil Golub of Price Chopper.
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