JOHNSTOWN - The Empire State Development Board of Directors has authorized the transfer of the former Tryon Boys and Girls Center to the Fulton County Industrial Development Agency for redevelopment as a business park.
The Tryon facility will be transferred to the IDA at no cost, allowing the IDA to move forward with plans to redevelop the more than 500-acre property in the towns of Perth and Johnstown into an industrial and commercial business park.
The proposed Tryon Technology Park and Incubator Center is expected to attract new investment and create hundreds of new jobs, according to state and local officials.
Leader-Herald file photo
Fulton County plans to redevelop the former Tryon facility, above, into a business park.
The Tryon facility was one of 11 New York state correctional and juvenile facilities that closed last year.
The plan includes a $3.14 million redevelopment of the Tryon facility into a business park, which is being supported by a $2 million grant provided in the first round of Gov. Cuomo's Regional Economic Development Council awards.
"The redevelopment of the former Tryon Campus represents an outstanding opportunity to take a negative consequence, the closing of the former Tryon Boys and Girls Center and the loss of jobs, and turn it into a positive opportunity to create new jobs for the Fulton County Region," IDA Director James Mraz said in a news release.
The transfer of the facility is contingent upon final approval by the state attorney general's office and the state comptroller's office.
More on this story will appear in the print edition of Friday's Leader-Herald.