Thursday, February 9, 2012

Gates' Boom Continues

Despite the economic doldrums across the State and the region, the Town of Gates continues to be a hub of economic development.

Today's Democrat and Chronicle reported on the expansion of Closing, USA, a real estate and title company which is moving into the Rochester Tech Park and adding about 100 new jobs. This comes on the heels of expansion of the Sutherland Group (400 jobs), the Quaker Steak opening (100 jobs) and the expansion of Precise Tool on Cherry Road.

The Tech Park is now over half full (and remember, we are talking about a huge facility; it was built to hold 26,000 employees). There have also been a number of upgrades of many properties in the town, such as the Wegman's office building on Chili Avenue and storefronts in the Gates Plaza and Tops Plaza.

Future developments include the opening of Jeremiah's restaurant and the possible construction of a Fast Track gas station/convenience store. There have been preliminary discussions regarding hotels and residential developments, too. Finally, an unconfirmed rumor has it that the Seneca Nation has the Tech Park on its short list for possible casino sites.

Gates has always been the geographic center of Monroe County. Now it is becoming the economic center, as well.

UPDATE 2/10/12:

I spoke with Supervisor Assini this morning and he informed me that Gates' businesses have added a net of 1600 jobs in the past 14 months. And unlike the jobs allegedly created by the Obama Administration, you can actually find these 1600 workers in the Town of Gates.

2 comments:

King Dinglefritz's Blog of Moronica said...

What stinks is that I read today that Cryovac here in Gates is closing and 186 jobs are going down the drain. That is a shame. Hopefully quicker job growth will absorb this loss. And there is still half of the Tech Park to fill but it sure beats it being empty. We need to draw even more companies into Gates and grow that tax base!!

repoman said...

You are right, King, Cryovac is an unfortunate story. About 10-15 years ago, they decided to stay in Gates rather than move their entire operation to South Carolina. It appears that the overall costs of operating at multiple locations ultimately proved to be too much.

Still, you should note that the 1600 job figure I referenced took the 186 we are losing at Cryovac into account.

We are doing everything we can to be a business friendly town.