Economic Newsletter | January 2020
Site preparation has begun at City Harbor , a mixed-use project set to revitalize Ithaca's Waterfront.

The project will include:
  • 156 one- and two-bedroom residential units

  • A wellness center and additional amenities

  • Access to the new Guthrie Medical Office

  • A building heating and cooling system powered by an advanced, effluent-based system

  • A pedestrian promenade that will connect directly to the city’s Waterfront Trail and the Ithaca Farmers Market
Renderings provided by HOLT Architects
The ninth round of   Regional Economic Development Council   (REDC) initiative awards were announced in late December.

The Southern Tier, was one of five top performers, receiving $88.9 million to support economic development projects. Tompkins County was awarded $13.8M for 31 Projects.

Projects awarded funding in Tompkins County include:

  • Transonic Systems – global competitiveness/automated manufacturing ($220,000)

  • YMCA of Ithaca – renovation to support increased childcare and community space ($1,184,000)

  • Coddington Road Community Center – childcare and afterschool care expansion and modernization ($700,000)

  • Enclose Cass Park Rink – ($523,269)

  • Downtown Ithaca Community Conference Center – ($5,000,000)
“We’re thrilled that these crucial Tompkins County projects – including the YMCA and the Downtown Conference Center, among others – have been awarded this state funding,” said Heather McDaniel, President, TCAD. “This will allow these projects and improvements to proceed, furthering the region’s ongoing growth.”
Ithaca Tompkins International Airport officially opened on December 20th following months of construction to complete an extensive $34.8M expansion and renovation project and the results are outstanding!

Thank you, to all who worked tirelessly to complete this project on a very tight timeline. Special thanks to Governor Andrew Cuomo, Senators Chuck Schumer and Kirsten Gillibrand, and Representative Tom Reed for their belief in the project and assistance in obtaining funding to make it a reality.
TCAD's President, Heather McDaniel, was recently featured on WHCU ’s More News Mornings in two segments about the region’s growing economy and TCAD's 2019 successes.

Part 1 (food businesses)

The Lansing Star highlighted TCAD's 2019 successes - Read More

TCAD's loan fund recipients Emmy's Organics and Dutch Harvest Farm were spotlighted in The Cortland Standard - Read More
The City of Ithaca has created Doing Business in Ithaca , a definitive guide to starting and growing your business in the City of Ithaca. The Guide provides everything from demographics to financing options for businesses.

Contact City of Ithaca Deputy Director for Economic Development, Tom Knipe to request a printed version or view online / download a PDF below.
Vendor and attendee registration is now open!

Educational Technology Day is a free regional technology event that attracts over 1,600 people annually from upstate New York featuring over 60 local and national vendors including Apple, Dell, Microsoft, Oracle, along with over 50 seminars. Attendee registration is free.

Businesses and organizations from across Tompkins County are invited to participate in this event.  Vendor registration closes on February 10th . Register now - this event usually sells out.


Tompkins County Area Development | 607.273.0005 | info@tcad.org | www.tcad.org