SARANAC - The town of Saranac will conduct a study to determine the feasibility of establishing its first industrial park.
According to Town Supervisor Joe Gerardi, The Development Corporation, Plattsburgh, was recently awarded a $30,000 grant from the U.S. Department of Commerce's Economic Development Administration to support the study of creating the development near the intersection of State Route 374 and Trudeau Road.
"The town board showed great foresight when it acquired the property 24 years ago," said Gerardi. "We're really excited about the whole thing."
The project will include an initial study of a 43-acre parcel owned by the town through its local development corporation. The study will also assess the potential to develop the industrial park as environmentally-friendly as possible.
"We're interested in what the study will tell us regarding the feasibility of green-oriented businesses," said Gerardi.
Although the parcel is located within the boundaries of the Adirondack Park, it is already zoned in an industrial classification.
"The APA has been working well with us," said Gerardi.
The town would look to develop only about half of the property, said Gerardi, which has been dubbed Canfield Brook Park, named for the brook that traverses the property.
"We want to keep the other half of the property as is," said Gerardi, adding the natural landscape would be a benefit to drawing in industrial business. "Being located within the blue line should be of interest to any company looking for an 'Adirondack cach .'"
The town, including its community development director Melissa M. McManus, collaborated with The Development Corporation, the Adirondack Park Agency, and Empire State Development in applying for the grant. Throughout the grant process, the APA provided "expertise and guidance to the project team," according to information provided by The Development Corporation.
The Lake Champlain/Lake George Regional Planning Board, a state data center affiliate and important economic development ally, was also credited for being a key project team member, helping manage the application process with the EDA at no cost.
"TDC has also committed to managing the project on behalf of the town and its newly-formed Local Development Corporation without administrative funding so that all of the grant proceeds can be used directly for project activities," noted Christine Eagan, comptroller for The Development Corporation.
"With the partners we have established today, we are pleased and poised to act on that vision and look to turn a latent energy into a vibrant park," said Gerardi in a prepared statement, also crediting Town Councilman Gerald W. Delaney for his role in pursuing the park's development.
The overall cost of the study is expected to be $60,000, with the remaining portion to be provided through the town, said Gerardi.
The Development Corporation will now begin requesting proposals from engineering and planning firms to complete the feasibility study.