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Region cashes in on grants

$165M designated for area development

Empty property along Maxon Rd. and the Mohawk River, (next to STS Steel and the Nott St. Industrial Park) in Schenectady on Wednesday afternoon.
Photographer: Marc Schultz
Empty property along Maxon Rd. and the Mohawk River, (next to STS Steel and the Nott St. Industrial Park) in Schenectady on Wednesday afternoon.
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The third time’s the charm. The Capital Region found that to be true Wednesday, when it received one of the largest awards in the governor’s much-touted statewide economic development competition. In an awards ceremony at The Egg, local officials learned their region had won $82.8 million in state funds for 100 different projects, including a massive redevelopment project at a former locomotive factory in Schenectady. “We finally got our act together,” joked James Barba, Albany ...

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