NEW WINDSOR – The Orange County Industrial Development Agency, which powers the Accelerator business incubator program, Thursday, voted to move forward with a lease on the former Key Bank building in Highland Falls
That facility will become home to a new artificial intelligence center right outside the gates of the US Military Academy at West Point.
IDA Board Member Edward Diana, who chaired the study of the project, said this new business hub is an excellent fit for that part of the county.
“We have about seven businesses that are interested in moving in pretty quickly and that is about 6,000 square feet of that building. We have the Association of Graduates at West Point that is also interested in maybe 4,000 square feet of that building. So we are discussing leasing with them as well,” he said.
The Accelerator program also has business hubs in New Windsor, Middletown and Newburgh.
