{"id":61668,"date":"2025-02-07T13:19:03","date_gmt":"2025-02-07T18:19:03","guid":{"rendered":"https:\/\/videonewsservice.net\/?p=61668"},"modified":"2025-02-07T13:19:03","modified_gmt":"2025-02-07T18:19:03","slug":"genesee-county-two-projects-in-the-city-of-batavia-approved-by-gcedc","status":"publish","type":"post","link":"https:\/\/videonewsservice.net\/index.php\/2025\/02\/07\/genesee-county-two-projects-in-the-city-of-batavia-approved-by-gcedc\/","title":{"rendered":"GENESEE COUNTY\/Two projects in the City of Batavia approved by GCEDC"},"content":{"rendered":"\n<p class=\"has-text-align-center wp-block-paragraph\"><strong><em>Graham Corporation and 202 Oak St, LLC projects approved at Feb. 6 board meeting<\/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 Two projects in the city of Batavia with an estimated $7 million positive fiscal impact for Genesee County received final approval on Thursday by the GCEDC Board of Directors.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The GCEDC Board of Directors approved final resolutions for Graham Corporation\u2019s expansion project and 202 Oak St, LLC\u2019s hotel renovation at its Feb. 6 meeting.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Graham Corporation is proposing to construct a new radiographic testing building at their manufacturing facility in the City of Batavia. The $3.3 million investment will add to an existing manufacturing building.<br><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Graham Corporation requested a sales tax exemption estimated at $120,000 and a property tax abatement estimated at $20,934 based on the incremental increase in assessed value generated by the expansion. The project is estimated to generate $1.2 million in local fiscal impacts, including payroll and tax revenues, for an estimated $16 local benefit for every $1 of requested incentives.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">202 Oak St, LLC is proposing to renovate the former Super 8 hotel\u2019s 54 units in the City of Batavia. The $2.5 million investment will create 11.5 new full-time equivalent positions.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">202 Oak St, LLC requested a sales tax exemption estimated at $104,163, a property tax abatement estimated at $257,823 based on the incremental increase in assessed value generated by the expansion, and a mortgage tax exemption estimated at $19,000. The project is estimated to generate $5.8 million in local fiscal impacts, including payroll and tax revenues, for an estimated $20 local benefit for every $1 of requested incentives.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In addition, the project is estimated to generate over $40,000 annually in bed tax revenue for the county once the renovated hotel is ramped up.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Graham Corporation and 202 Oak St, LLC projects approved at Feb. 6 board meeting Press release BATAVIA, NY \u2013 Two projects in the city of Batavia with an estimated $7 million positive fiscal impact for Genesee County received final approval on Thursday by the GCEDC Board of Directors. The GCEDC \u2026<\/p>\n<p class=\"continue-reading-button\"> <a class=\"continue-reading-link\" href=\"https:\/\/videonewsservice.net\/index.php\/2025\/02\/07\/genesee-county-two-projects-in-the-city-of-batavia-approved-by-gcedc\/\">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],"tags":[4842,432,3908],"class_list":["post-61668","post","type-post","status-publish","format-standard","hentry","category-genesee-county","tag-202-oak-st","tag-gcedc","tag-graham-corporation"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p8eTP4-g2E","jetpack-related-posts":[{"id":60894,"url":"https:\/\/videonewsservice.net\/index.php\/2025\/01\/17\/genesee-county-gcedc-advances-two-batavia-projects\/","url_meta":{"origin":61668,"position":0},"title":"GENESEE COUNTY\/GCEDC Advances two Batavia projects","author":"aka","date":"January 17, 2025","format":false,"excerpt":"Graham Corporation and 202 Oak St, LLC Projects Advanced at Board Meeting Press release BATAVIA, NY \u2013 Two projects in the city of Batavia advanced on Thursday by the GCEDC Board of Directors have an estimated $7 million positive fiscal impact for Genesee County. The GCEDC board of directors advanced\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":61583,"url":"https:\/\/videonewsservice.net\/index.php\/2025\/02\/04\/genesee-county-two-batavia-projects-proposing-5-8m-in-investments\/","url_meta":{"origin":61668,"position":1},"title":"GENESEE COUNTY\/Two Batavia Projects Proposing $5.8M in investments","author":"aka","date":"February 4, 2025","format":false,"excerpt":"Graham Corporation and 202 Oak St, LLC proposals on GCEDC agenda Press release BATAVIA, NY \u2013 Two projects in the City of Batavia submitted to the Genesee County Economic Development Center (GCEDC) are projected to generate over $7 million in local benefits. The GCEDC board of directors will consider final\u2026","rel":"","context":"In &quot;Batavia&quot;","block_context":{"text":"Batavia","link":"https:\/\/videonewsservice.net\/index.php\/category\/gennesse-county\/batavia\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":60806,"url":"https:\/\/videonewsservice.net\/index.php\/2025\/01\/14\/genesee-county-two-projects-proposed-in-the-city-of-batavia\/","url_meta":{"origin":61668,"position":2},"title":"GENESEE COUNTY\/Two projects proposed in the City of Batavia","author":"aka","date":"January 14, 2025","format":false,"excerpt":"Applications submitted by Graham Corporation and 202 Oak St, LLC Press release BATAVIA, NY \u2013 Two projects in the City of Batavia submitted to the Genesee County Economic Development Center (GCEDC) are projected to generate over $7 million in local benefits. The GCEDC board of directors will consider initial resolutions\u2026","rel":"","context":"In &quot;City of Batavia&quot;","block_context":{"text":"City of Batavia","link":"https:\/\/videonewsservice.net\/index.php\/category\/city-of-batavia\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":55294,"url":"https:\/\/videonewsservice.net\/index.php\/2024\/07\/31\/genesee-county-gcedc-board-of-directors-to-consider-two-manufacturing-projects\/","url_meta":{"origin":61668,"position":3},"title":"GENESEE COUNTY\/GCEDC Board of Directors to consider two manufacturing projects","author":"aka","date":"July 31, 2024","format":false,"excerpt":"Proposed projects total $61 million of capital investment, 84 new jobs Press release BATAVIA, NY \u2013 The Genesee County Economic Development Center (GCEDC) board of directors will consider final resolutions for two manufacturing projects with proposed investments of $61 million and the creation of 84 new full-time equivalent (FTE) positions\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":48847,"url":"https:\/\/videonewsservice.net\/index.php\/2023\/12\/08\/genesee-county-13-million-graham-corporation-expansion-advanced-by-gcedc-board-of-directors\/","url_meta":{"origin":61668,"position":4},"title":"GENESEE COUNTY\/$13 Million Graham Corporation expansion advanced by GCEDC Board of Directors","author":"aka","date":"December 8, 2023","format":false,"excerpt":"Manufacturer proposes to add 24 jobs and construct 18,900 sq. ft. addition to City of Batavia facility Press release BATAVIA, NY \u2013 The Genesee County Economic Development Center (GCEDC) board of directors advanced an initial resolution for Graham Corporation\u2019s proposed new commercial production facility at the agency\u2019s board meeting on\u2026","rel":"","context":"In &quot;Batavia&quot;","block_context":{"text":"Batavia","link":"https:\/\/videonewsservice.net\/index.php\/category\/gennesse-county\/batavia\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":55384,"url":"https:\/\/videonewsservice.net\/index.php\/2024\/08\/02\/gcedc-advances-81-million-of-investments-in-genesee-county\/","url_meta":{"origin":61668,"position":5},"title":"GCEDC advances $81 million of investments in Genesee County","author":"aka","date":"August 2, 2024","format":false,"excerpt":"Press release BATAVIA, NY \u2013 The Genesee County Economic Development Center (GCEDC) board of directors has approved final resolutions for Graham Corporation\u2019s $17.6 million expansion in the city of Batavia and GE Bergen Owner, LLC\u2019s $43.6 million project in the town of Bergen at its board meeting on Thursday, August\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\/61668","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=61668"}],"version-history":[{"count":3,"href":"https:\/\/videonewsservice.net\/index.php\/wp-json\/wp\/v2\/posts\/61668\/revisions"}],"predecessor-version":[{"id":61671,"href":"https:\/\/videonewsservice.net\/index.php\/wp-json\/wp\/v2\/posts\/61668\/revisions\/61671"}],"wp:attachment":[{"href":"https:\/\/videonewsservice.net\/index.php\/wp-json\/wp\/v2\/media?parent=61668"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/videonewsservice.net\/index.php\/wp-json\/wp\/v2\/categories?post=61668"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/videonewsservice.net\/index.php\/wp-json\/wp\/v2\/tags?post=61668"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}