{"id":47956,"date":"2023-10-24T10:40:07","date_gmt":"2023-10-24T14:40:07","guid":{"rendered":"https:\/\/videonewsservice.net\/?p=47956"},"modified":"2023-10-24T10:40:07","modified_gmt":"2023-10-24T14:40:07","slug":"genesee-county-pembroke-countryside-apartments-a-market-rate-housing-development-to-be-considered-at-gcedc-board-meeting-october-26th","status":"publish","type":"post","link":"https:\/\/videonewsservice.net\/index.php\/2023\/10\/24\/genesee-county-pembroke-countryside-apartments-a-market-rate-housing-development-to-be-considered-at-gcedc-board-meeting-october-26th\/","title":{"rendered":"GENESEE COUNTY\/Pembroke\/Countryside Apartments, a market rate housing development, to be considered at GCEDC Board Meeting October 26th"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong><em>Four 24-unit market rate apartment buildings to be built in four phases<\/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 will consider a final resolution for Countryside Apartments LLC\u2019s proposed $15 million development of four 24-unit market-rate apartment buildings at its board meeting on Thursday, October 26<sup>th<\/sup>, 2023.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Countryside Apartments LLC is proposing to construct the project in phases at 8900 Alleghany Road in Pembroke. Each building will have eight 1-bedroom and 16 2-bedroom units, totaling 96 market-rate units throughout the complex.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The project aligns with Genesee County\u2019s recognized need for housing availability, and housing growth spurred by $1 billion of investment and over 600 careers announced by projects at the nearby Western New York Science &amp; Technology Advanced Manufacturing Park.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The project is requesting assistance from the GCEDC with a sales tax exemption estimated at $739,200, a property tax abatement estimated at $2,020,688 based on the incremental increase in assessed value via a fixed 60% 20-year PILOT (Housing PILOT for 20+ market-rate units), and a mortgage tax exemption estimated at $130,000.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The fiscal impacts on local benefits are estimated at over $10 million. For every $1 of public benefit, the company is investing $5 into the local economy.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A public hearing for the proposed project agreements is scheduled in the town of Pembroke at 6 p.m. on Wednesday, October 25<sup>th<\/sup>&nbsp;at Pembroke Town Hall.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The October 26<sup>th<\/sup>, 2023, GCEDC board meeting will be held at 4 p.m. at the MedTech Center\u2019s Innovation Zone, 99 MedTech Drive, Batavia. Meeting materials and links to a live stream\/on-demand recording of the meeting is available at&nbsp;<a href=\"https:\/\/na01.safelinks.protection.outlook.com\/?url=http%3A%2F%2Fwww.gcedc.com%2F&amp;data=05%7C01%7C%7C06ea126a54044d2a437608dbd4989c36%7C84df9e7fe9f640afb435aaaaaaaaaaaa%7C1%7C0%7C638337524304628587%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&amp;sdata=9p3uig%2BzdtTZz1pO4I8iPuC53uSGGGLQXdrqrBPryaM%3D&amp;reserved=0\" target=\"_blank\" rel=\"noreferrer noopener\">www.gcedc.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Four 24-unit market rate apartment buildings to be built in four phases Press release BATAVIA, NY \u2013 The Genesee County Economic Development Center (GCEDC) board of directors will consider a final resolution for Countryside Apartments LLC\u2019s proposed $15 million development of four 24-unit market-rate apartment buildings at its board meeting \u2026<\/p>\n<p class=\"continue-reading-button\"> <a class=\"continue-reading-link\" href=\"https:\/\/videonewsservice.net\/index.php\/2023\/10\/24\/genesee-county-pembroke-countryside-apartments-a-market-rate-housing-development-to-be-considered-at-gcedc-board-meeting-october-26th\/\">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":[23,108],"tags":[3978],"class_list":["post-47956","post","type-post","status-publish","format-standard","hentry","category-genesee-county","category-pembroke","tag-countryside-apartments-llc"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p8eTP4-ctu","jetpack-related-posts":[{"id":48015,"url":"https:\/\/videonewsservice.net\/index.php\/2023\/10\/27\/genesee-county-gcedc-board-of-directors-approve-countryside-apartments-market-rate-housing-development\/","url_meta":{"origin":47956,"position":0},"title":"GENESEE COUNTY\/GCEDC Board of Directors approve Countryside Apartments market rate housing development","author":"aka","date":"October 27, 2023","format":false,"excerpt":"Four 24-unit market-rate apartment buildings proposed in Pembroke Press release BATAVIA, NY \u2013 The Genesee County Economic Development Center (GCEDC) Board of Directors approved a final resolution for Countryside Apartments, LLC\u2019s proposed $15 million development of four 24-unit market-rate apartment buildings at its board meeting on Thursday, October 26th, 2023.\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":47511,"url":"https:\/\/videonewsservice.net\/index.php\/2023\/10\/06\/genesee-county-gcedc-board-of-directors-advance-proposed-market-rate-housing-development-in-pembroke\/","url_meta":{"origin":47956,"position":1},"title":"GENESEE COUNTY\/GCEDC Board of Directors advance proposed market-rate housing development in Pembroke","author":"aka","date":"October 6, 2023","format":false,"excerpt":"Countryside Apartments LLC proposes $15.65 million development with 96 market-rate apartments planned over four phases Press release BATAVIA, NY \u2013 The Genesee County Economic Development Center (GCEDC) board of directorsadvanced an initial resolution for Countryside Apartments LLC\u2019s proposed development adding96 market-rate apartments across four phases at its board meeting on\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":47422,"url":"https:\/\/videonewsservice.net\/index.php\/2023\/10\/03\/genesee-county-15-million-apartment-complex-to-be-considered-at-gcedc-board-meeting\/","url_meta":{"origin":47956,"position":2},"title":"GENESEE COUNTY\/$15 million apartment complex to be considered at GCEDC Board meeting","author":"aka","date":"October 3, 2023","format":false,"excerpt":"Country Side Apartments LLC proposes to develop four 24-unit market rate apartment buildings Press release BATAVIA, NY \u2013 The Genesee County Economic Development Center (GCEDC) board of directorswill consider an initial resolution for Country Side Apartments LLC\u2019s proposed four 24-unitmarket rate apartment buildings at its board meeting on Thursday, October\u2026","rel":"","context":"In &quot;Pembroke&quot;","block_context":{"text":"Pembroke","link":"https:\/\/videonewsservice.net\/index.php\/category\/pembroke\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":51299,"url":"https:\/\/videonewsservice.net\/index.php\/2024\/03\/06\/genesee-county-gcedc-board-of-directors-to-consider-15-million-medtech-landing-market-rate-housing-development\/","url_meta":{"origin":47956,"position":3},"title":"GENESEE COUNTY\/GCEDC Board of Directors to Consider $15 Million Medtech Landing Market-Rate Housing Development","author":"aka","date":"March 6, 2024","format":false,"excerpt":"Project proposes 80 market-rate units; additional support for Batavia Home Fund Press release BATAVIA, NY \u2013 The Genesee County Economic Development Center (GCEDC) board of directors will consider a final resolution for a proposed market-rate housing development on MedTech Drive in the town of Batavia at its board meeting on\u2026","rel":"","context":"In &quot;Town of Batavia&quot;","block_context":{"text":"Town of Batavia","link":"https:\/\/videonewsservice.net\/index.php\/category\/town-of-batavia\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/videonewsservice.net\/wp-content\/uploads\/2024\/03\/Screenshot_20240306_215257_DuckDuckGo-1.jpg?fit=1080%2C665&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/videonewsservice.net\/wp-content\/uploads\/2024\/03\/Screenshot_20240306_215257_DuckDuckGo-1.jpg?fit=1080%2C665&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/videonewsservice.net\/wp-content\/uploads\/2024\/03\/Screenshot_20240306_215257_DuckDuckGo-1.jpg?fit=1080%2C665&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/videonewsservice.net\/wp-content\/uploads\/2024\/03\/Screenshot_20240306_215257_DuckDuckGo-1.jpg?fit=1080%2C665&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/videonewsservice.net\/wp-content\/uploads\/2024\/03\/Screenshot_20240306_215257_DuckDuckGo-1.jpg?fit=1080%2C665&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":49606,"url":"https:\/\/videonewsservice.net\/index.php\/2024\/01\/12\/genesee-county-gcedc-board-of-directors-advance-15-million-market-rate-housing-development-in-batavia\/","url_meta":{"origin":47956,"position":4},"title":"GENESEE COUNTY\/GCEDC Board of Directors advance $15 Million Market-Rate Housing Development in Batavia","author":"aka","date":"January 12, 2024","format":false,"excerpt":"MedTech Landing, LLC development supports Batavia Home Fund Press release BATAVIA, NY \u2013 The Genesee County Economic Development Center (GCEDC) board of directors advanced an initial resolution for a proposed market-rate housing development on MedTech Drive in the town of Batavia at its board meeting on Thursday, January 11, 2024.\u2026","rel":"","context":"In &quot;Town of Batavia&quot;","block_context":{"text":"Town of Batavia","link":"https:\/\/videonewsservice.net\/index.php\/category\/town-of-batavia\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/videonewsservice.net\/wp-content\/uploads\/2024\/01\/MedTechAvailable.webp?fit=1000%2C633&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/videonewsservice.net\/wp-content\/uploads\/2024\/01\/MedTechAvailable.webp?fit=1000%2C633&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/videonewsservice.net\/wp-content\/uploads\/2024\/01\/MedTechAvailable.webp?fit=1000%2C633&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/videonewsservice.net\/wp-content\/uploads\/2024\/01\/MedTechAvailable.webp?fit=1000%2C633&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":28365,"url":"https:\/\/videonewsservice.net\/index.php\/2021\/10\/04\/genesee-county-gcedc-board-to-consider-financial-assistance-for-1-7-million-project-at-buffalo-east-tech-park\/","url_meta":{"origin":47956,"position":5},"title":"GENESEE COUNTY\/GCEDC Board to consider financial assistance for $1.7 Million project at Buffalo East Tech Park","author":"aka","date":"October 4, 2021","format":false,"excerpt":"Press release J&R Fancher Property Holdings planning 14,000 sq. ft. facility in town of Pembroke BATAVIA, NY \u2013 The Genesee County Economic Development Center (GCEDC) Board of Directors will consider a final resolution supporting a mixed-use development adding six market-rate units in the town of Pembroke at its board meeting\u2026","rel":"","context":"In &quot;Genesee County&quot;","block_context":{"text":"Genesee 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