The Steuben County IDA has implemented a “capacity building” approach to economic development by facilitating investments into infrastructure and programs to prepare for the growth and expansion needs of any existing or new business.
BUSINESS SUPPORT AND INCENTIVES
Our staff pursues a collaborative approach in offering businesses the following necessary resources to be successful in Steuben County. Direct Assistance through the IDA may include:
Real property tax abatements
Sales tax abatements
Mortgage tax abatements
Bond financing
To learn more about how the Steuben County IDA can assist you or determine whether your particular project qualifies for any of the incentive programs, please contact us.
“The Steuben County IDA’s staff is knowledgeable about the local business incentive programs and helped provide introductions and facilitate those conversations. They streamlined our efforts and provided a PILOT agreement and a low interest loan, which helped make our project financially viable. Without those incentives, we would not have developed the project in Corning. The Steuben County IDA staff and board of directors are knowledgeable, well-connected business people. They provided the support we needed to make our new venture a reality.”
-Christina Schneider, Purcell Construction
BUSINESS ATTRACTION
Whether it’s in our two, NYS certified shovel-ready corporate parks or existing building locations in the County, Steuben County IDA is ready to match your needs with our options. Our team will work closely with our real estate, municipal and infrastructure partners to meet project demands in a timely manner. We will work with your business to negotiate an incentive package that will meet the needs of your growing business
RETENTION
Steuben County IDA knows that existing businesses are the foundation of our community. Staff meets regularly with business owners throughout the County to gain a pulse on economic activity levels, needs and issues. Our knowledge of complementary organizations, municipal leaders and state resources can assist with challenges faced by today’s business community.
EXPANSION
Whether you are looking at expanding your facility, purchasing new equipment or adding new employees, Steuben County IDA and its network of partners can assist with all your expansion needs and identify the right resources to help your business grow. Incentives ranging from grants and loans to tax credits and abatements may be available to assist with any growth opportunity.
In March 2022, the Village of Wayland was devastated by a fire that damaged nearly one third of the downtown. Since that time, IDA staff have worked closely with Village officials and local developer John Palmer to spearhead a redevelopment plan for these properties. This work resulted in a $1.2 million Restore NY grant award and approval of IDA benefits to support the complete reconstruction of the impacted buildings to include eight apartments, a daycare, and additional commercial space.
In 2024, the second phase of the Baron Winds project received final approvals, allowing RWE to move forward with the construction of 26 additional turbines in the Town of Fremont. With this expansion, the project adds 123 megawatts of new renewable energy capacity, bringing Steuben County’s total generation to nearly 600 megawatts—further solidifying the county’s role as a leader in sustainable energy production.
Baron Winds Phase II
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Dana Lyon Apartments
After years of careful planning, significant renovations began in late 2024 to transform the former Dana Lyon school in Bath into the Dana Lyon Apartments. This redevelopment, led by Providence Housing, will include 49 workforce housing units and a 7,500-square-foot community arts center. Completion of the project is expected by mid-2026. The initiative has received financial backing from the IDA, a Restore NY grant, and additional grants and tax credits, all aimed at converting the property into much-needed residential housing.
As one of the largest RV dealers in the Northeast, Wilkins RV is a third-generation, family-owned and operated dealership with its headquarters in Bath, NY that has seen tremendous growth in recent years. A projected 33% increase in sales called for a 10,400 sq. ft. expansion to its service department. The IDA provided financial assistance to support the project, which will also provide space for a paint booth, a service not currently available at any other RV dealership in upstate NY.
The IDA partnered with Riedman on the development of this three-story, 96-unit residential complex to meet growing demand for housing in the City of Corning. Construction began in 2018 and Phase II, which featured 35 additional units, kicked off quickly in 2020. All units are leased and a waiting list is growing!
Years of planning resulted in the IDA securing $1.65 million in a combined grant and loan for the Village of Hammondsport to provide wastewater treatment services for its downtown business district. The Town of Prattsburgh was also the beneficiary of a partnership with the IDA, securing nearly $1 million in grants for wastewater infrastructure there too.
2021, Alstom announced a major contract with Chicago Metra, the commuter rail system in the Chicago metropolitan area. About 250 jobs will be created and up to 400 manufacturing and engineering positions will be sustained, and Alstom will be constructing a 135,000 sq. ft. facility to build railcar shells to support the contract. The IDA worked with its partners to support the project and led efforts to secure a $3.4 million grant from the Economic Development Administration.
Alstom
Construction began on the first phase of the Baron Winds project in 2021. The 121.8 MW project will be located in the Towns of Wayland, Cohocton, and Dansville and have the capacity to generate enough clean energy for more than 50,000 homes. Construction will be completed by the end of 2022.
Baron Winds
Steuben County IDA joined multiple partners to redevelop the former Corning Hospital site for SUNY Corning Community College’s Health Education Center, a 21,000 sq. ft. facility that houses the college’s nursing department. Training is offered through state-of-the-art equipment in hospital-like rooms that provide a real-life experience for students, which supports workforce development in one of our county’s largest and fastest-growing industries.
SUNY Corning Community College
FHFCU’s new headquarters building opened in mid-2020, allowing the credit union to improve efficiencies by bringing its entire administrative team together under one roof. The facility was built on the former Corning Hospital site as part of a comprehensive redevelopment strategy. Steuben County IDA played a key role in site redevelopment by securing and administering $8 million in grant funding through Empire State Development and by providing individual assistance to projects such as this one.
First Heritage Federal Credit Union
As one of the largest RV dealers in the Northeast, Wilkins RV is a third-generation, family-owned and operated dealership with its headquarters in Bath, NY that has seen tremendous growth in recent years. A projected 33% increase in sales called for a 10,400 sq. ft. expansion to its service department. The IDA provided financial assistance to support the project, which will also provide space for a paint booth, a service not currently available at any other RV dealership in upstate NY.
Wilkins RV
The IDA partnered with Riedman on the development of this three-story, 96-unit residential complex to meet growing demand for housing in the City of Corning. Construction began in 2018 and Phase II, which featured 35 additional units, kicked off quickly in 2020. All units are leased and a waiting list is growing!
176 Denison Parkway
Years of planning resulted in the IDA securing $1.65 million in a combined grant and loan for the Village of Hammondsport to provide wastewater treatment services for its downtown business district. The Town of Prattsburgh was also the beneficiary of a partnership with the IDA, securing nearly $1 million in grants for wastewater infrastructure there too.
Infrastructure Upgrades
Corelle acquired Instant Brands and rebranded the iconic Corelle Brands into a larger unifying platform in early 2021. The IDA helped support the company’s new focus on innovation and consumer engagement by leveraging New York State assistance to support a $50 million investment at the company’s global manufacturing facility in Corning.
