WEDC contributed $336,815 toward a $17 million project to clean and redevelop a 4.6-acre site in Grafton. A former lumberyard, printing company and auto repair site had resulted in various types of contamination including PAH, PCB, arsenic and PCE, requiring a mix of disposal and capping. The village worked for a decade to assemble the 13 properties and address remediation needs for the entire corridor. Following cleanup and an RFP, the village transferred property to a developer for 72 apartments and 10,000 square feet of commercial space. Anticipated future phases include additional retail, office and market-rate residential.
The vacant 27-acre Royster Clark property was assembled and targeted for a mixed-use development. Remediation costs for the former fertilizer manufacturing site were in excess of $4 million, including demolition of structures and extensive soil work. WEDC contributed $400,000 toward these costs. The project later received an additional $534,000 in Idle Sites Redevelopment Grant funding as part of the $50 million development phase.
WEDC contributed $10,750 toward Watertown’s $50,000 downtown planning effort. Since completing this plan, Watertown has been able to attract a private investor to acquire and redevelop a downtown anchor that has been vacant for 15 years, and is also establishing a municipal loan fund to address upper-floor vacancy issues identified in the planning process. Planning is also under way for a library expansion, and the city is working to acquire properties and recruit a downtown hotel to meet additional identified demand.
WEDC contributed $250,000 toward the $1.2 million cost of reopening the county’s only grocery store, seven years after the previous store closed due to the death of the owner. The store employs 10 full-time and 10 part-time workers, making it one of the top 10 employers in the county. Additional financing was needed to address costs associated with repairs after prolonged vacancy, as well as to address previous liens on the property.