Press Release, August 2020
PLATTSBURGH, NY – The Development Corporation (TDC) continues to look to the future, despite these difficult times, by investing in new infrastructure and job creation in the Plattsburgh region. The company has recently broken ground at their Air Industrial Park on two new buildings, a new 60,000 square foot industrial building and a new administrative office building for TDC’s staff. The Development Corporation has a long history of providing high-quality space for industrial growth which in turn fosters job creation in the region. The investment in a new industrial building is a crucial step forward in the attraction of new businesses and industries to the Greater Plattsburgh region, as well as encouraging the retention and expansion of existing companies.
TDC’s two new buildings are positioned at the entrance to the former Clinton County Airport, alongside the recently constructed Norsk Titanium and Monaghan Medical buildings. This site is set
to be the future of industrial and manufacturing growth in the region, thanks to the planned infrastructure expansion project funded by a grant from the U.S. Economic Development Administration and contributions from Clinton County, the Town of Plattsburgh, and TDC. “Clinton County is very pleased to see this development at the site of the former Clinton County Airport,” comments Mark R. Henry, Chairperson of the Clinton County Legislature. “The construction of a 60,000 square foot industrial building and new office space is welcomed news in these uncertain economic times. These TDC projects are a perfect complement to this growing industrial park and will no doubt enhance future development on adjacent properties. This is exactly the type of growth all parties envisioned when the County partnered with TDC and the Town of Plattsburgh to improve the infrastructure at the former airport.”
Both buildings are being designed and constructed by local engineering and construction companies, RMS and Luck Builders. TDC’s free-standing office building will consist of office space for the staff, two conference rooms for board meetings and prospective tenant conversations as well as an outdoor space for events and gatherings. When the COVID-19 crisis is a thing of the past, TDC plans to once again allow tenants to use their meeting space to hold meetings outside of their buildings. The new industrial building will be flexible to allow for a single tenant or be broken up into three different units that can accommodate separate entities. Each of the demising walls will feature large overhead doors to allow for easy expansion into multiple suites. Designed for industrial, light manufacturing and distribution, the 60,000 SF will include both dock and drive in doors. With 26 ft. ceilings, tenants will have ample room for a variety of activities as well as racking to maximize vertical space.
“We are confident that building won’t be empty for long”, remarked TDC’s President and CEO David Champagne. “There has been a steady increase in demand for space both with our current tenants and companies who are new to the region.” TDC currently owns and maintains seventeen industrial buildings with occupancy rates hovering just below 100%. Investing in infrastructure for business aligns with TDC’s mission to create and retain quality jobs and investments in the community. “As our region continues to navigate these unprecedented times, it is important that economic development continue and that we do the things we need to do to position us strongly for the future,” states Garry Douglas, President of the North Country Chamber of Commerce. “That’s why this project is more important than ever. It shows justified confidence in the future along with a commitment to continue the historic redevelopment of the old airport site. We thank and salute our partners at The Development Corporation!”
Construction has already begun on the buildings with a timeline allowing for new tenants to move into the industrial space as early as spring of 2021. The Development Corporation expects to be in their new office building by 4th Quarter 2020. Want to learn more about the industrial space? Interested parties should contact Danielle King, Business Development Manager at Dkking@thedevelopcorp.com.
About The Development Corporation: The Development Corporation (TDC) owns and operates industrial parks in the Greater Plattsburgh region in Clinton County, NY. TDC markets the region for new business investments and works to retain and expand local industry. For more information visit www.thedevelopcorp.com.