Investigating IDAs http://innovationtrail.org en Miner says tax break for Destiny USA hotel would be a "mistake" http://innovationtrail.org/post/miner-says-tax-break-destiny-usa-hotel-would-be-mistake <p>Syracuse Mayor Stephanie Miner says giving the Destiny USA entertainment and shopping center a tax break to build a hotel would be “a mistake,” but the mayor actually has little say over those incentives.</p> Wed, 12 Feb 2014 22:53:56 +0000 Ryan Delaney, WRVO 3262 at http://innovationtrail.org Miner says tax break for Destiny USA hotel would be a "mistake" SU bookstore project will meet deadline to keep tax break http://innovationtrail.org/post/su-bookstore-project-will-meet-deadline-keep-tax-break <p>The developer behind a new bookstore and fitness center for Syracuse University will meet its construction deadline and get to keep tax breaks from the city.</p><p>Tom Valenti of the Cameron Group says they’ll break ground this week on the facility, which will be located just off of SU’s campus. They had until Friday to do so or lose the <a href="http://innovationtrail.org/post/syracuse-oks-30-year-tax-break-university-bookstore" target="_blank">30-year property tax break it won</a> from the city in August 2012.</p> Wed, 18 Dec 2013 13:21:23 +0000 Ryan Delaney, WRVO 3161 at http://innovationtrail.org SU bookstore project will meet deadline to keep tax break Local labor policy aims to address unemployment issues http://innovationtrail.org/post/local-labor-policy-aims-address-unemployment-issues <p>Local hiring policies are becoming more commonplace as a way to address regional unemployment and strengthen the tax base. New quotas for local workers were just approved by the Niagara County Industrial Development Agency.</p><p>The new labor policy means that construction companies that receive Niagara County IDA economic development incentives will have to recruit at least 90 percent of their workforce from counties in western New York. Tue, 12 Nov 2013 15:17:03 +0000 Ashley Hirtzel, WBFO 3115 at http://innovationtrail.org Local labor policy aims to address unemployment issues Former Syracuse auto parts plant may have new tenant http://innovationtrail.org/post/former-syracuse-auto-parts-plant-may-have-new-tenant <p>The old New Venture Gear auto parts factory in suburban Syracuse could have a new tenant much quicker than county economic development officials expected.</p><p>A newly formed company called American Intermodal Container Manufacturing Inc. wants to use about half of the large factory to make shipping containers.</p><p>New Venture Gear concluded a long shutdown of its DeWitt plant in August. It once employed 4,000 people making parts for SUVs. Tue, 04 Jun 2013 14:04:00 +0000 Ryan Delaney, WRVO 2785 at http://innovationtrail.org Former Syracuse auto parts plant may have new tenant IDAs need to be more transparent, accountable says Comptroller http://innovationtrail.org/post/idas-need-be-more-transparent-accountable-says-comptroller <p><span style="line-height: 1.5;">The state Comptroller’s office has released its<a href="http://www.osc.state.ny.us/localgov/pubs/research/ida_reports/2013/idaperformance2013.pdf" target="_blank"> annual report</a> on New York’s 113 Industrial Development Agencies (</span>IDAs<span style="line-height: 1.5;">), with concerns raised about the effectiveness and transparency of the organizations.</span></p><p> Wed, 08 May 2013 10:30:00 +0000 Kate O'Connell, WXXI 2722 at http://innovationtrail.org IDAs need to be more transparent, accountable says Comptroller