ELMIRA, N.Y. (WETM) – Economic development appears to be booming in the City of Elmira as more businesses are coming into the city.
As 18 News first reported, the former Elmira Star-Gazette building is being prepared for a sale later this month. According to sources, the former newspaper building will house a new brewery.
Elmira Mayor Dan Mandell says more than “$100 million of development” has been invested into the city.
“It kicked off with the (Downtown Revitalization Initiative). When we initiated the DRI Grant and received that grant that kicked a lot of this off.”
Elmira was among the first of 10 communities across the Empire State to receive a DRI grant. More than 30 have received the grant since the project’s inception.
One of the most notable projects was the West Water Street Apartments along the Chemung River, which will also house several businesses. All of the apartments are reportedly leased and the owners continue to update the exterior.
The federal building in Elmria will also be turned into a tap house called “Ill Eagle.”
Elmira also gave an investor a $500,000 grant to help revitalize the former Izards Department store building in downtown Elmira with apartments.