PRESORTED STANDARD MAIL US POSTAGE PAID Third Quarter 2017 NEWBURGH, NY 12550 PERMIT #8604 40 Matthews Street, Suite 108 Goshen, NY 10924 RESOURCES & RESULTS AN INVESTMENT IN LEISURE & LEARNING PPRRRARACRACTRACTIRACTICRACTICEA C T I C E AARAREAREAAREASR E A S LEGO LANDS! In October 2017, Merlin Entertainments closed New York will partner with local schools and For all these factors and more, LEGOLAND is a Bank ing, Financ e & Len di ng on 523 acres in the Town of Goshen and colleges to train and employ students interested in significant investment in Orange County’s future Co nstr ucti on & Li en Law committed $500 million to construct their third careers in hospitality, business, mechanical for generations to come! Co rporate Law LEGO-themed resort and hotel in North America: engineering and other fields. Emplo yment , Labo r Law s & D isc riminat ion LEGOLAND New York . Thanks in large part to Merlin Entertainments is a global leader in Envi ronme nta l Law & Land U se Orange County’s strategic location – situated just Like their other resorts around the world, location-based, family entertainment and is Europe's No. 1 (and the world's second-largest) visitor Healt h & Healt hc ar e Law one hour from New York City in the “Crossroads LEGOLAND New York will offer an extensive attraction operator. Merlin operates more than 100 Int el le ctu al Prop erty -Li cen se & Fra nc hi se of the Northeast” – Merlin expects to draw more catalog of age-appropriate educational programming top-tier attractions – including LEGOLAND theme Li tig ati on: Ge ne ral & Co mm erc ial than 2.5 million visitors to their largest tourist that makes learning fun and memorable, including parks, the London Eye and Madame Tussauds wax Mun icipal Law, Zon ing & D ev el opment destination to date. year-round opportunities for students throughout museums – 13 hotels and four holiday villages in No t-Fo r-Profi t Law the region to engage in STEM-based projects. 23 countries across four continents. The LEGO Real Es tat e: Co mm erc ial & R esi de ntial LAND NY project will be Merlin Entertainments The Orange County IDA offered a 20 year pilot, Tax ati on Law largest investment to date. and New York State offered $25 million in tax The park’s economic impact will be felt throughout Wills, T rusts & Es tat es exemptions in order to make this project happen. Orange County and beyond in the form of millions of dollars annually in sales tax, hotel occupancy tax In addition to creating over 600 construction jobs as well as a Host Community Agreement it recently Servi ng t he le gal ne ed s of t he bu si ne ss c ommuni ty in t he and 1,300 permanent positions , LEGOLAND ratified with the Town of Goshen. Hudson V alle y for mor e t han 75 y ears 65 5 Li tt le B ritai n Road , New Wi ndsor , Ne w Yor k (84 5) 562 -9100 ride rwei ne r.com ~ firm @ride rwei ne r.com Medical Marijuana Sector Continues to Bud in Orange How Are We Growing? Seeking to capitalize on New York’s expanding medical marijuana Let Me Count the Ways... industry the state issued five additional licenses in August. Two of PFREAOPTEURRTIEEDS those new licensees selected Orange County as their home. CITIVA , which is focused on advancing the study of medical cannabis, is planning a cultivation, extraction and product development facility in Orange County and is in the final stages of securing leaseholds for its four dispensary locations. 56+ Acres – 2349 Valley Agriceuticals (VA) began construction of a medical-marijuana Goshen Turnpike, production operation in Orange County in 2015, however they didn’t Town of Wallkill Summer of 2017 didn’t slow down in Orange While the logo’s above represent large-scale win a state license until this most recent round. VA will now complete County, as we’ve attracted a number of projects featuring some of the world’s premier construction of the buildings they started erecting on a 139-acre parcel internationally-recognized companies and helped corporations, Orange County’s Fortune 500 in the Town of Wallkill. Municipal water and sewer is a number of existing companies grow. These companies aren’t the only growing here: available for this former soil companies could have easily chosen to build or Hadley Ford, CEO of iAnthus, the parent company of CITIVA and mining site that can expand elsewhere, however Orange County’s Stewart International Airport is a major Backed by an enormous body of scientific research, medical marijuana Valley Agriceuticals stated, “We continue to think New York is a accommodate an industrial pro-business leadership and readiness to leverage Orange County hub that supports and spurs is earning the reputation it deserves as a groundbreaking health tremendous place to do business. The population density is wonderful. building up to 40,000 SF. valuable resources clearly was the driving factor. development, economic growth and tourism. solution. Today, more than 1.2 million people use medical marijuana You have over 20 million residents, and only 10 licenses. You’re (Note: All of the following expansions and new This summer, Stewart launched its newest for a variety of medical problems from cancer to epilepsy to allowed to be vertically integrated, which allows us to control the entire Within close proximity to arrivals were awarded incentives by the Orange international carrier, Norwegian Airlines , with depression. That number is expected to increase by at least 20% in the supply chain, as each license includes cultivation and dispensaries.” Route 211 & I-84. County IDA): non-stop, discount-fare flights to European coming year. destinations that include Ireland, Scotland and The production and dispensing of medical marijuana is trending Amy’s Kitchen , the rapidly-growin g manufacturer Norway. In June 2014, the New York State Legislature passed the nationwide and is clearly becoming a fast-growing sector in Orange 33 Acres – 459 of organic meals, has broken ground on their $90 Compassionate Care Act that allows healthcare providers to County. Route 17K million, 369,000 square foot factory in the Town The Castle Fun Center is a growing family recommend the medical use of marijuana under carefully controlled Rock Tavern of Goshen that will create 681 new jobs. entertainment venue in the Village of Chester that circumstances. In 2015, the state issued five licenses for product To learn more about how you can bring your company to Orange added three new attractions this year as well as a production and dispensing with the highest-ranked application, Ohio- County, please contact Bill Fioravanti, Director of Business Attraction, This prime commercial site, Merlin Entertainments received full approvals new zip-line experience that is in the works. They based Pharmacannis, choosing the Town of Hamptonburgh in Orange [email protected]. zoned Interchange Business, for their own $500 million LEGOLAND New are also planning a 26,000 square foot expansion County for its manufacturing location. York theme park, to be built on 500+ acres in the in 2018 that will create 11 new positions. has the potential for a 247,000 Town of Goshen (see cover article in the edition). SF warehouse and 20,000 SF Two MIT graduates founded Equilibrium office building. Adjacent to Steris Isomedix Services , a global medical Brewery and invested $1.4 million to transform 50+ available acres that which, device sterilization company that has had a a 14,000 square foot former meat-packing if included, would allow up to facility in Chester, NY for more than twenty facility in the City of Middletown into their Vision Oriented Planning years, opened its doors this summer to a new manufacturing center, tap room and grill. The 600,000 SF. To this end, the Orange County Partnership, the Orange County 61,000 square foot building. This expansion owners are already eyeing a potential expansion. Citizens Foundation and the neighboring Sullivan County Partnership created 25 new jobs, with an estimated capital for Economic Development recently joined forces to create the investment of $21 million. Angry Orchard (Boston Beer Company) , the Transportation and Traffic-Alleviation Plan (TTAP) . This initiative nation’s top brand of hard cider, opened their was officially launched in September to address the traffic challenges McKesson is the largest pharmaceutical and 15,000 square foot ‘Innovation Cider House’ in generated by new businesses and attractions along the NYS Route 17 medical device distributor in the U.S. with 37 2015, drawing 50,000 visitors last year alone. Maureen Halahan - President/CEO corridor (future Interstate-86) between Orange and Sullivan Counties. 845.294.2806 fulfillment centers nationwide. In September, This September, they celebrated a 1,600 square they began distributing products from their brand foot expansion which includes a new cider This transportation passageway now accommodates traffic generated Bill Fioravanti - Director of Business Attraction new 340,000 square foot facility in the Town of garden and a converted 100-year-old stone dairy by the popular Woodbury Common Premium Outlets, the United States 845.294.7215 Hamptonburgh. The $80 million project created barn where bartenders serve the R&D center’s Military Academy at West Point, not to mention the Catskill Mountains Amanda Dana - Director of Business Retention & Expansion 162 new jobs. latest craft creations. 845.294.5238 region. With the imminent openings of the $1.2 billion Resorts World Catskills Casino & Resort in Sullivan , as well as the $95 million AmerisourceBergen , a leader in specialty Finding Home Farms has been crafting maple Sarah Brosnan - Marketing Director Amy’s Kitchen facility and the $500 million LEGOLAND New York 845.294.0679 pharmaceutical supplies, partnered with Matrix syrup at their property in the Town of Greenville theme park in Goshen, significant incremental traffic on Route 17/I- Development Group to construct a $75 million, for the past five years.