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Deadline extended to July 15 for interested Midtown Plaza developers

Posted 7/8/24

CANTON – Canton village officials are hoping a second deadline extension for Midtown Plaza proposals will supply developers they've engaged with enough time to submit their plans.

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Deadline extended to July 15 for interested Midtown Plaza developers

Posted

CANTON – Canton village officials are hoping a second deadline extension for Midtown Plaza proposals will supply developers they've engaged with enough time to submit their plans.

The Village of Canton extended the deadline for proposals to purchase and develop the former Midtown Plaza until noon on Monday, July 15. 

Responses should be submitted to the Canton Office of Economic Development at 60 Main Street, Canton, NY 13617.

“We have engaged with a number of developers and had a request for some additional time,” said Rodriguez.

The original deadline was April 30. A second deadline was set for June 11.

The full request for proposals (RFP) can be viewed on the Canton Municipal Website at www.cantonny.gov on the Community Plans and Projects page. Interested parties are encouraged to review the RFP in depth to ensure submission of a complete proposal, Rodriguez noted.

For questions or more information, please contact Rodriguez, Director of Economic Development at (315) 386-2871 #5 or lrodriguez@cantonny.gov.

The Village of Canton has been working with SUNY Canton and the Canton College Foundation for a number of years to re-envision this space. In May of 2023, the Village took ownership of the six parcels that make up the plaza for $1,280,000. The purpose of the project is to transform this blighted, dilapidated plaza at the center of Canton’s downtown into a mixed-use development offering new live/work housing options, premium commercial space, and at its core an Entrepreneurship Center to be operated by SUNY Canton under the conditions of a long-term lease, which will ignite innovation, spur the creation of new businesses, and be the catalyst for enduring economic and community growth, according to a village document.

To date, substantial grant funding has been secured. The Village has been awarded $2,000,000 from the Restore NY program that will be used toward demolition of the existing structures and abatement of anticipated hazardous materials. Abatement and demolition may begin before this contract is awarded.

SUNY Canton and its Foundation have been awarded funds to support the development of a 15,000 square foot Entrepreneurship Center which will be the anchor tenant. The funding includes $1,322,000 from Empire State Development, $2,641,000 via a congressional  earmark to be funneled through the Department of Housing and Urban Development, and $111,326 from the Northern Border Regional Commission.