Hochul urges support for Cambria Technology Parkby jmaloni
On Monday, Rep. Kathy Hochul (NY-26) sent a letter to Kenneth Adams, president and CEO of Empire State Development Corp., in support of Niagara County's consolidated funding application to develop the Cambria Technology Park.
In the letter, Hochul writes: "Western New York is poised to capitalize on several growing sectors of the economy, and I believe that this project conforms to the region's economic development strategy, which has highlighted the importance of growth in the high-tech sector. Regional officials believe that the Cambria Technology Park, which is part of the county's comprehensive economic development strategy, is the next step in creating a distinct cluster that will build cohesion in the region's strategy to attract and start new companies, create jobs and further investment."
"I urge Empire State Development to support this project. The Cambria Technology Park would be a central catalyst that helps accelerate growth of the county's high-tech industry, improving the region's economic growth by opening the door to many business opportunities in Niagara County. I look forward to seeing it come to fruition," Hochul said.
"We appreciate the impact that this ESD grant will provide for infrastructure development at the Cambria Technology Park. Having this infrastructure in place will enhance the marketability of the site for business development," added Town of Cambria Supervisor Wright H. Ellis.
The requested funding will be used to develop the initial infrastructure for the Cambria Technology Park, which is currently designated as shovel-ready by New York state. An economic impact study conducted by Niagara County projects that the park would create 200 new jobs and an aggregate annual income of $11.4 million.
In June, Hochul, along with U.S. Sen. Kirsten Gillibrand, sent a letter to Willie C. Taylor, regional director of the Philadelphia Regional Office of the Economic Development Administration, in support of an EDA grant for the Cambria Technology Park.
Earlier this year, Hochul met with Ellis, Niagara County Economic Development Commissioner Samuel M. Ferraro, and Niagara County Legislator David Godfrey to discuss the tech park.