January 27, 2010

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HVEDC targets second shovel ready parcel for high tech development

STEWART AIRPORT – The Hudson Valley Economic Development Corporation wants to identify a second potential property in the Hudson Valley to be prepared as a shovel ready parcel for a would be developer of a high tech business center.

The organization has already done that with one parcel, the 773 acre Winston Farm in Saugerties and now the group wants to put their finger on another property.

HVEDC Vice President Marissa Brett told the Stewart Airport Commission Tuesday such a shovel ready property, should it be developed for high tech industry, could have benefits for Stewart Airport.

“We are going to be looking for sites for these high technology users and as I see the relationship to the airport: you need businesses to get into place here so you can expand your passenger count, etc., and these high technology businesses are going to be frequent travelers and maybe there are some components that are small for cargo,” she said.

The HVEDC has identified four industries as variable targets for growth in the region – microelectronics and nanotechnology manufacturing; pharmaceutical and biotechnology; medical device and imaging; and solar photovoltaic manufacturing.

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