Camillus Mills has been named one of 34 Priority Projects by the Central New York Regional Economic Development Council, Sweet Spot Development announced last week.
Camillus Mills’ selection as a Priority Project was made known last week as part of the regional council's 96-page strategic plan update for 2012. The mixed-use medical-wellness project has been recommended by the council for a $500,000 economic development award.
“Camillus Mills’ inclusion as a Priority Project is the result of weeks of hard work by our team in completing a first class Consolidated Funding Application,” said Sweet Spot Development CEO Tom Blair. “This was a competitive process that saw close to 200 applications, so we are fortunate and thankful to be one of the 34 projects chosen in the five-county CNY region.”
Other regional councils are also competitively applying for a total of $150 million in economic development funding. All regions will now have their Priority Project funding requests reviewed at the state level for funding consideration. Final regional awards are subject to state prioritization and voting. Last year’s funding requests from the Central New York Regional Economic Development Council led to $103.87 million in total funding being awarded to Central New York projects. This year's CNY request is for a total of $33.7 million. No timetable has officially been set for the statewide funding announcements; however, economic planners are expecting late fall decisions.
The initial phase of Camillus Mills involves the rehabilitation of the 45,000 square foot former Camillus Cutlery world headquarters building in the village of Camillus. The space will be renovated into medical-wellness office space, and upscale second floor apartments on Main Street in the village. Decades old buildings along Nine Mile Creek will be demolished as part of efforts to clean the 4.5 acre property and introduce new parking and green space.
The vacant former manufacturing site is designated as environmentally challenged and Sweet Spot Development’s plan is to remediate the entire property. The firm also plans to construct additional buildings on the site in later phases. The project is now in its leasing stage.
Project renderings, brochures and site specific materials can be viewed here.