The Village of Newark was selected by the Finger Lakes Regional Economic Development Council to receive a $10 million award from New York State through the Downtown Revitalization Initiative (DRI). The DRI investment will allow Newark to develop a strategic investment plan and implement key catalytic projects that advance its vision for downtown revitalization. Projects selected for DRI funding will transform the downtown and support a vibrant local economy.
Newark’s DRI Local Planning Committee Seeks Project Proposals from the Community The Newark DRI Local Planning Committee (LPC) has issued an Open Call for Project Proposals to seek proposals for privately sponsored projects to be considered for DRI funding. The purpose of the Open Call is to hear from members of the community who have potentially transformative projects on privately owned sites that provide economic and community benefits. This process will enable the LPC to vet private projects that could transform the downtown in a uniform, open, and transparent process. Submissions could include capital/construction projects, business expansion or creation, and renovation of existing buildings on private sites. Submissions should demonstrate the commitment of private funding sources and discuss the project’s transformative nature and potential community benefits. New ideas are encouraged, as well as established project concepts. All submissions should include as much information as possible on potential projects to demonstrate that the idea is feasible and will have a meaningful impact on downtown Newark. After submission, the Newark LPC and its consultant team, led by LaBella Associates, will work with project sponsors to gather additional information as needed.
- All requirements for submissions can be found in the Open Call for Potential DRI projects at the following link: www.newarkdri.com
- Request for Proposals form available: 3/2/2022
- In-person information session: 3/10/2022 6 p.m. at the Wayne-Finger Lakes BOCES Conference Center, 131 Drumlin Court Deadline to submit projects: 4/1/2022
Due to this tight deadline, we recommend applicants begin the form as soon as possible. Please connect with questions and submit project submissions to [email protected]
Please visit www.newarkdri.com for more information on opportunities for public input and the DRI planning process.
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