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City of Niagara Falls receives $300K National Grid grant for remediation efforts at 3625 Highland Ave.

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Wed, Apr 25th 2018 05:40 pm
On Wednesday, Mayor Paul A. Dyster announced the City of Niagara Falls received $300,000 in grant funding toward recently completed cleanup efforts at 3625 Highland Ave., through National Grid's Economic Development program. The funds were used to assist to redevelopment a 5.5-acre site in a New York state-designated Brownfield Opportunity Area in the Highland Avenue corridor.
The City of Niagara Falls' Urban Renewal Agency designated Sandstone Springs LLC as a qualified developer for 3625 Highland Ave. Sandstone is currently leasing the property from the agency for three years with an option to renew for three years. The lease and renewal option contain an option to purchase. The company already employs 15 people, and has plans to expand and grow into the site. 
Funding announced will reimburse casino revenues used as part of the city's cleanup efforts in order to transform the site into a prosperous, economically diverse area. The location has already attracted new investment and employment opportunities. 
Dyster said, "The City of Niagara Falls continues to experience increased investment not seen in many years, and today's announcement is no exception. The $300,000 in funding made possible through National Grid will go a long way in our continued efforts not only to remediate and revitalize 3625 Highland, but to create and attract jobs right here in the City of Niagara Falls for years to come." 
Dan Keating, National Grid customer and community manager, said, "The continued revitalization of Niagara Falls has been exciting to be a part of. National Grid is proud to partner with the City of Niagara Falls in the development of the Highland Ave. corridor. Our economic development grant will help spur business attraction and create jobs in Niagara Falls."
Cleanup efforts to make the site market-ready include the stabilization and upgrading of buildings and grounds and removal of asbestos.
A full buildout of the site by Sandstone Springs is projected to create additional jobs.

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