City Presenting Drafted Strategic Investment Plan to the Public

[Gloversville, NY] The community is invited to an in-person presentation of the Draft Strategic Investment Plan. The DRI team will present a summary of the Strategic Investment Plan content and share the next steps in the DRI process. The presentation will take place on Thursday, June 16th, 2022 from 6:00PM to 7:30PM on the second floor of the Fulton County Center for Regional Growth office building, located at 34 W Fulton St, Gloversville. CRG is ADA accessible and offers parking behind the building.

Observers may attend in person or watch the livestream on the City of Gloversville Facebook page. The meeting recording and materials will be posted to the website following the meeting. Comments can be shared in writing via the website, Facebook, or comment cards at the venue.

The NYS Downtown Revitalization Initiative (DRI) provides state funding to New York communities to foster vibrant downtowns across the state. Each year, communities in each of the ten economic development regions are selected for their significant redevelopment potential. The ultimate goal of the DRI is to fund projects that will help transform downtowns into vibrant communities where New Yorkers want to live, work, and raise families.

In December 2021, Governor Hochul announced Gloversville as a Round Five DRI awardee for the Mohawk Valley. The City will receive $10 million in funding to develop a Strategic Investment Plan and implement key catalytic projects that advance the community’s vision for revitalization. The DRI is guided by a Local Planning Committee (LPC) comprised of local stakeholders including community leaders, business owners, and members of the public with diverse backgrounds and perspectives. The LPC provides comprehensive oversight to the development of a Strategic Investment Plan which will identify, describe, and recommend transformative projects for DRI funding to the state.

The meeting will review the drafted plan including the community’s input gathered since the award’s announcement as well as the City’s evolution over the same timeframe. The finalized Strategic Investment Plan, slated for submission to New York State in July, will include updated challenges and opportunities in downtown, DRI goals and strategies, project evaluation criteria, projects recommended for funding, additional projects not recommended for DRI funding, and the program’s management and implementation structure. A question-and-answer session will also take place following the presentation prior to reviewing next steps in the submission process.

Further information regarding the DRI can be found online at www.cityofgloversvilledri.com. Questions regarding the meeting, or the DRI in general, can be forwarded to James Hannahs at the Fulton County Center for Regional Growth via email at JamesH@fccrg.org, by phone at 518725-7700, or in person at 34 West Fulton Street, Gloversville.

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