EAST FISHKILL- The Town of East Fishkill has received a $2 million Focused Attraction of Shovel-Ready Tracts New York (FAST NY) grant for the iPark water district project. This funding is designed to prepare and develop sites across the state to jumpstart New York’s shovel-readiness and increase its attractiveness to large employers and high-tech manufacturing companies.
The iPark water district project will create a new water district for the iPark 87 Facility. The new water district will allow for the development of an additional 125 acres on the site, with the goal of attracting the optics, semi-conductor industries as well as interstate distribution and logistics.
“Through the FAST NY grant program, New York is continuing its commitment to investing in and expanding economic growth and opportunity across the state,” said Governor Kathy Hochul. “This funding will prepare shovel-ready sites that key industries like semiconductors and renewable energy are looking for and will create good jobs and grow local economies for generations to come.”
The total project cost is estimated at $6 million.
