{"id":34898,"date":"2022-08-05T10:56:19","date_gmt":"2022-08-05T14:56:19","guid":{"rendered":"https:\/\/videonewsservice.net\/?p=34898"},"modified":"2022-08-05T10:56:19","modified_gmt":"2022-08-05T14:56:19","slug":"genesee-county-market-rate-senior-housing-project-in-village-of-leroy-approved-for-incentives","status":"publish","type":"post","link":"https:\/\/videonewsservice.net\/index.php\/2022\/08\/05\/genesee-county-market-rate-senior-housing-project-in-village-of-leroy-approved-for-incentives\/","title":{"rendered":"GENESEE COUNTY\/Market rate senior housing project in Village of LeRoy approved for incentives"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong><em>Board accepts initial application for $17.6 million office and warehouse distribution center in Pembroke<\/em><\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Press release<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">BATAVIA, NY \u2013 The Genesee County Economic Development Center (GCEDC) Board of Directors approved incentives for a $3.72 million financial investment by Ivy Village Corp. that would create 20 units of market-rate senior housing in the village of Le Roy at its board meeting on Thursday, August 4, 2022.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The GCEDC board also accepted an initial application for a proposed project by Nexgistics to construct a $17.6 million warehouse distribution center and on 30 acres of land on Vision Parkway in the town of Pembroke.&nbsp; The 140,000 sq. ft. facility also would serve as national headquarters for the company.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Nexgistics is a third-party logistics provider specializing in consumer electronics, sporting and outdoor goods, e-bikes and related products with operations in New York and Nevada.&nbsp; The project enables Nexgistics to retain 21 full-time positions and create three new jobs.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Nexgistics has requested sales tax exemptions estimated at $812,000, a property tax abatement estimated at $1,116,360, and a mortgage tax exemption estimated at $154,650.&nbsp; For every $1 of public benefit the company is investing $7 into the local economy.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cNexgistics provides another example of how Genesee County and the Buffalo-Rochester Tech Corridor provide the ideal location for industries that need shovel-ready sites, a trained workforce and a strong logistics network,\u201d said Steve Hyde, Genesee County Economic Development Center president and CEO.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Ivy Village Corp. plans to build market rate residential units in three phases with each phase calling for the construction of 10 duplex residences.\u00a0 The development is located on 16 acres off Lake Street with easy access to village amenities and is a twenty-minute drive to downtown Rochester.\u00a0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Ivy Village Corp. has requested approximately $805,000 in mortgage, property and sales tax incentives. The project&#8217;s fiscal impacts (indirect payroll and tax revenues) are estimated at over $3.5 million over the PILOT&#8217;s term, with $6 of local benefits from the project for every $1 of public investment.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cHousing at all levels is a critical need across Genesee County,\u201d Hyde continued.&nbsp; \u201cThis project while providing new housing options to our senior population, opens up existing housing stock for the next generation of homeowners.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A public hearing will be scheduled for Nexgistic\u2019s proposed financial assistance.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Board accepts initial application for $17.6 million office and warehouse distribution center in Pembroke Press release BATAVIA, NY \u2013 The Genesee County Economic Development Center (GCEDC) Board of Directors approved incentives for a $3.72 million financial investment by Ivy Village Corp. that would create 20 units of market-rate senior housing \u2026<\/p>\n<p class=\"continue-reading-button\"> <a class=\"continue-reading-link\" href=\"https:\/\/videonewsservice.net\/index.php\/2022\/08\/05\/genesee-county-market-rate-senior-housing-project-in-village-of-leroy-approved-for-incentives\/\">Continue reading<i class=\"crycon-right-dir\"><\/i><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_seo_schema_type":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[1],"tags":[],"class_list":["post-34898","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p8eTP4-94S","jetpack-related-posts":[{"id":34797,"url":"https:\/\/videonewsservice.net\/index.php\/2022\/08\/02\/genesee-county-gcedc-board-to-consider-incentives-for-market-rate-senior-housing-in-village-of-leroy\/","url_meta":{"origin":34898,"position":0},"title":"GENESEE COUNTY\/GCEDC Board to consider incentives for market rate Senior Housing in Village of LeRoy","author":"aka","date":"August 2, 2022","format":false,"excerpt":"Press release Board to consider initial application for $17.6 million office & warehouse distribution center in Pembroke BATAVIA, NY \u2013 The Genesee County Economic Development Center (GCEDC) Board of Directors will consider final approval for a $3.72 million financial investment by Ivy Village Corp. that would create 20 units of\u2026","rel":"","context":"In &quot;Genesee County&quot;","block_context":{"text":"Genesee County","link":"https:\/\/videonewsservice.net\/index.php\/category\/genesee-county\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":35727,"url":"https:\/\/videonewsservice.net\/index.php\/2022\/09\/02\/gcedc-board-approves-incentives-for-nexgistics-headquarters-and-pembroke-distribution-center\/","url_meta":{"origin":34898,"position":1},"title":"GCEDC Board approves incentives for NEXgistics Headquarters and Pembroke Distribution Center","author":"aka","date":"September 2, 2022","format":false,"excerpt":"A rendering of the planned NEXgistics facility in Pembroke $17.6 million investment will support 24 full-time equivalent positions at new facility Press release BATAVIA, NY \u2013 The GCEDC board approved a final resolution for a proposed $17.6 million project by NEXgistics to construct a 140,000 sq. ft. warehouse distribution center\u2026","rel":"","context":"In &quot;Genesee County&quot;","block_context":{"text":"Genesee County","link":"https:\/\/videonewsservice.net\/index.php\/category\/genesee-county\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/videonewsservice.net\/wp-content\/uploads\/2022\/09\/NEXgistics-Rendering.png?fit=1200%2C533&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/videonewsservice.net\/wp-content\/uploads\/2022\/09\/NEXgistics-Rendering.png?fit=1200%2C533&ssl=1&resize=350%2C200 1x, 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consider a final resolution for a proposed $17.6 million project by Nexgistics to construct a 140,000 sq. ft. warehouse distribution center and national headquarters in Pembroke at its board meeting\u2026","rel":"","context":"In &quot;Genesee County&quot;","block_context":{"text":"Genesee County","link":"https:\/\/videonewsservice.net\/index.php\/category\/genesee-county\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":34006,"url":"https:\/\/videonewsservice.net\/index.php\/2022\/07\/08\/genesee-county-gcedc-board-accepts-application-for-market-rate-senior-housing-in-the-village-of-leroy\/","url_meta":{"origin":34898,"position":3},"title":"GENESEE COUNTY\/GCEDC Board accepts application for market rate senior housing in the Village of LeRoy","author":"aka","date":"July 8, 2022","format":false,"excerpt":"$3.72 million investment to build 60 units of market-rate senior housing in three phases Press release BATAVIA, NY \u2013 The Genesee County Economic Development Center (GCEDC) Board of Directors accepted an application from Ivy Village Corp. for a $3.72 million investment that would create 20 units of market-rate senior housing\u2026","rel":"","context":"In &quot;Genesee County&quot;","block_context":{"text":"Genesee County","link":"https:\/\/videonewsservice.net\/index.php\/category\/genesee-county\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":64263,"url":"https:\/\/videonewsservice.net\/index.php\/2025\/04\/29\/genesee-county-20-new-housing-units-proposed-in-le-roy\/","url_meta":{"origin":34898,"position":4},"title":"GENESEE COUNTY\/20 new housing units proposed in Le Roy","author":"aka","date":"April 29, 2025","format":false,"excerpt":"GCEDC Board to consider residential, logistics projects Press release BATAVIA, NY \u2013 Two projects submitted to the Genesee County Economic Development Center are projected to generate $5.8 million in community benefits. The Genesee County Economic Development Center (GCEDC) board of directors will consider an initial resolution at its May 1\u2026","rel":"","context":"In &quot;LeRoy&quot;","block_context":{"text":"LeRoy","link":"https:\/\/videonewsservice.net\/index.php\/category\/leroy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":33916,"url":"https:\/\/videonewsservice.net\/index.php\/2022\/07\/05\/genesee-county-gcedc-board-to-consider-application-for-market-rate-senior-housing-in-the-village-of-leroy\/","url_meta":{"origin":34898,"position":5},"title":"GENESEE COUNTY\/GCEDC Board to consider application for market rate senior housing in the Village of LeRoy","author":"aka","date":"July 5, 2022","format":false,"excerpt":"$3.72 million investment would create 60 units over various phases of development; board will meet in person for first time post COVID Press release BATAVIA, NY \u2013 The Genesee County Economic Development Center (GCEDC) Board of Directors will consider an application from Ivy Village Corp. for a $3.72 million investment\u2026","rel":"","context":"In &quot;Genesee County&quot;","block_context":{"text":"Genesee County","link":"https:\/\/videonewsservice.net\/index.php\/category\/genesee-county\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/videonewsservice.net\/index.php\/wp-json\/wp\/v2\/posts\/34898","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/videonewsservice.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/videonewsservice.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/videonewsservice.net\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/videonewsservice.net\/index.php\/wp-json\/wp\/v2\/comments?post=34898"}],"version-history":[{"count":2,"href":"https:\/\/videonewsservice.net\/index.php\/wp-json\/wp\/v2\/posts\/34898\/revisions"}],"predecessor-version":[{"id":34900,"href":"https:\/\/videonewsservice.net\/index.php\/wp-json\/wp\/v2\/posts\/34898\/revisions\/34900"}],"wp:attachment":[{"href":"https:\/\/videonewsservice.net\/index.php\/wp-json\/wp\/v2\/media?parent=34898"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/videonewsservice.net\/index.php\/wp-json\/wp\/v2\/categories?post=34898"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/videonewsservice.net\/index.php\/wp-json\/wp\/v2\/tags?post=34898"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}