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Downtown Economic Development
and Job Creation |
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- Since 2004, the Village of
Patchogue has received $32.75
million dollars of federal,
state, and county grants for
infrastructure. These funds
supported over $102 million
dollars of private investment in
the Village. Tritec’s $100
million dollar New Village
development will increase the
overall investment to more than
$235 million dollars in the 2.2
square miles that we call home.
By 2016, these public and
private economic development
partnerships will have created
over 1000 construction jobs and
hundreds of permanent, full-time
and part-time local jobs in our
community. |
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- Copper Beech,
an 80 unit townhouse development
with 40 units of workforce
housing, was built with $3.75
million dollars from Suffolk
County and over $15 million
dollars in private investment. |
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- Artspace, with
45 workforce housing units,
received $18 million dollars of
federal, state, county and local
funding toward this $20 million
dollar investment in the village
by Artspace USA, the nations
largest not-for-profit developer
of affordable housing for
artists. |
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- The restoration of 31 West
Main Street represents an $8
million dollar investment by
Tritec and a $2.7 million dollar
Restore New York Grant from the
state that rebuilt an old,
nearly blighted building. |
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- The River Walk, the Clare Rose
condo development on West Avenue
with 163 market rate townhouses
within walking distance of Main
Street and the LIRR, is an over
$40 million dollar private
investment in our village. |
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- River View on River Avenue,
with 36 market rate condos,
represents over $12 million
dollars of private investment
that also paid for the
installation of a sewer line on
the west side of the Patchogue
River. |
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- Facade improvements to
businesses were made with
$750,000 of New York State
Downtown grants administered
through the Business Improvement
District. Business owners who
took part in the program
provided a financial match to
the grant, which produced over
$1 million dollars worth of
additional investments in our
downtown. |
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- The YMCA is a $21 million
dollar, 50,000 square foot
facility that provides programs
for residents from preschool to
seniors. It has a swimming pool,
workout facilities, a preschool
and meeting space. This state of
the art YMCA has brought new
life to West Main Street, and
was primarily funded through
donations from the greater
Patchogue community. |
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- The Village Square at Bay
Avenue and Main Street is a $10
million dollar investment that
brought in two new businesses,
Bethpage Federal Credit Union
and Checkers, and relocated the
7-Eleven store. |
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- At least 25 new businesses
have come to the village,
including restaurants and food
establishments that range from
barbeque to a frozen yogurt
shop, coffee shop and wine bar
as well as two new banks, Irish
Crossings, the Plaza Cinema and
Media Arts Center at Artspace,
Walgreens and CVS pharmacies. |
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- Attendance at the Patchogue
Theatre for the Performing Arts
went from 55,000 in 2004 to over
140,000 in 2011. It has been
voted by readers of the Long
Island Press as "Best of Long
Island 2012" in the Local Live
Theater category. The Theatre
has consistently received a
favorable audit by its external
auditors. |
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- The Patchogue Theatre,
Artspace, the Patchogue Arts
Council, Gather Art Studio and
new art galleries have
redefined Patchogue as a center
for the arts and a community
that appreciates and welcomes
artists. |
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- The board-approved New Village
development at the Four Corners
is a $100 million investment in
Patchogue that will consist of
40,000 square feet of new
retail, 15,000 square feet of
office space and 291 residential
units. This project is also
supported by $3.75 million
dollars from Suffolk County for
workforce housing and a $1
million dollar New York State
Restore New York Grant. |
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- New Village, Copper Beech,
Artspace, River Walk and River
View are all in walking distance
to our downtown business
district and the LIRR and are
considered highly regarded
transit oriented developments. |
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- The rebuilding of the East
Main Street sewer pump station
will allow East Patchogue's Main
Street to connect with our
wastewater treatment plant. This
will be done through a $1
million dollar New York State
grant from the Dormitory
Authority and a $1.5 million
dollar Town of Brookhaven bond
sponsored by Supervisor Lesko
and Councilman Mazzei. |
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