Governor Cuomo Announces Schenectady as $10 Million Capital Region Winner of Fourth-Round DRI November 5, 2019 - Governor Cuomo announces that Schenectady will receive $10 million in funding as the Capital Region winner of the fourth round of the Downtown Revitalization Initiative. dri Downtown Hudson was selected as the winner of the $10 million Downtown Revitalization Initiative in the Capital Region in 2017. Capital Region Regional Economic Development Council Co-Chair Ruth H. Mahoney said, "We are pleased that Albany has been selected as the Capital Region's DRI recipient. Schenectady DRI Website Now Available. The City of Schenectady and the Schenectady County Metroplex Development Authority announced that a Downtown Revitalization Initiative (DRI) website is now available at “The Downtown Revitalization Initiative will have a tremendous impact on our community. The State of New York does not imply approval of the listed destinations, warrant the accuracy of any information set out in those destinations, or endorse any opinions expressed therein.

External web sites operate at the direction of their respective owners who should be contacted directly with questions regarding the content of these sites. Previous winners for the Capital Region are Glens Falls, Hudson, Albany, and Schenectady. Stream Governor Cuomo Announces Schenectady as $10 Million Capital Region Winner of Fourth-Round DRI by Governor Andrew M. Cuomo from desktop or your mobile device Capital Region. We welcome all ideas and comments,” said Ray Gillen, Metroplex Chair.Moving forward, the Schenectady DRI process will include public meetings and the establishment of a Local Planning Committee.Leadership Investors are committed businesses and organizations that take a leadership role in our work to accelerate business growth and prosperity in our community.

The City of Schenectady’s DRI area is anchored by Proctors Theater, the Capital Region’s largest arts and entertainment facility, and extends along Erie Boulevard to the recently revived Mohawk Harbor, encompassing a corridor rich with entertainment, education, office, retail, and residential amenities. The City now envisions linking these anchor attractions and will apply the DRI award towards creating a cohesive, dynamic downtown that connects the city core to waterfront amenities.Gary McCarthy, Mayor, City of Schenectady (Co-Chair)David Buicko, President/CEO, Galesi Group (Co-Chair)Mary D'Alessandro, President, Historic Stockade AssociationMark Eagan, President/Chief Executive Officer, Capital Region ChamberRay Gillen, Chair, Schenectady County Metroplex Development AuthorityMaria Papa, Owner, More Perreca's Little Italy NeighborhoodStacy Rowland, Vice President/General Counsel, Rivers Casino & Resort SchenectadyMary Ann Ruscitto, President, East Front Street Neighborhood AssociationMichael Saccocio, Executive Director/CEO, City Mission of SchenectadyJim Salengo, Executive Director, Downtown Schenectady Improvement CorporationMarcy Steiner, Vice President/Executive Director, The Foundation for Ellis Medicine “The new website will help Schenectady residents stay informed about the DRI process and give them the opportunity to share their ideas and input about the best ways to continue downtown’s growth.”Metroplex set up the website which contains a copy of Schenectady’s winning DRI application as well as general information on DRI and a place where public comment can be provided.“As Downtown Schenectady continues its great comeback story, we will use the $10 million provided by Governor Cuomo to keep the progress going. We look forward to working with the Capital Regional Development Council to make this vision a reality. The City of Schenectady and the Schenectady County Metroplex Development Authority announced that a Downtown Revitalization Initiative (DRI) website is now available at www.schenectadydri.com. Input from our residents and business is a critical part of ensuring that we get the most out of the DRI process,” said Anthony Jasenski, Chair of the Schenectady County Legislature. Capital Region - Schenectady ... ©2020 Capital Region Chamber. The City of Schenectady’s DRI area is anchored by Proctors Theater, the Capital Region’s largest arts and entertainment facility, and extends along Erie Boulevard to the recently revived Mohawk Harbor, encompassing a corridor rich with entertainment, education, office, retail, and residential amenities. The City of Cohoes will be submitting an application to the 2020 round of the Downtown Revitalization Initiative (DRI). Hudson’s BRIDGE District has the look and feel of the post-industrial cityscape that millennials seek, yet retains a working historic waterfront along the Hudson River. The city is culturally rich and diverse, with a strong history of public and private partnership to initiate and promote economic growth for the betterment of all. The vision for DRI Schenectady is to tie together our rebounding downtown with our new waterfront creating a dynamic 24/7 destination for businesses and visitors. In recent years, Schenectady has transformed its downtown district with strategic investments in and around Proctors Theater, expanded its targeted development efforts to the Mill Artisan District on Lower State Street, and spearheaded the development of a waterfront destination at Mohawk Harbor. “I urge residents to submit their ideas on the new website, so everyone’s voice can be heard.”“We were extremely honored to be named a DRI winner by Governor Cuomo,” said Mayor Gary McCarthy.

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