SUNY Polytechnic Institute to drive economic development in Plattsburgh, Cautauqua County (NY)

NEW YORK — With locations in Syracuse, Buffalo, Rochester, Utica and Albany, SUNY Polytechnic Institute has a presence across much of western New York, but this will soon grow even greater with two locations planned for Plattsburgh and Chautauqua County.

Combined, the new campuses will cost approximately $325 million, and they will play a key role in Gov. Andrew Cuomo and the State of New York’s plan to spur economic development in upstate New York. The strategy is to leverage partnerships with large, high-tech companies and incentivize relocating or opening operations in the areas. Albany has in particular been successful at this strategy, with the expansion of GlobalFoundries nanotechnology and chip manufacturing capabilities.

Chautauqua County currently has an unemployment rate of 5.7% and is home to Cummins, an engine manufacturing plant that employs more than 1,500. Plattsburgh has an unemployment rate of 5.2% and once was home to a large Air Force base.

Dates have not yet been released as to when the two new campuses would open their doors.

Source: Albany Business Review

 

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Noah Milligan

Noah Milligan works as a banker by day, specializing in financing commercial real estate and loan workouts on a national platform. By night, he has delusions of becoming the next Cormac McCarthy. His short fiction has appeared or is forthcoming in Empty Sink Publishing, Ridi...