SCHENECTADY, NY

Computer chip manufacturer - Based in Silicon Valley

Total capital investment: $10 billion

3,000 direct jobs,15,000 indirect jobs, 20,000 construction jobs

3 million square feet

University based research hub

Total investment: More than $30 billion

3,500 jobs, 400 students

1.3 million square feet

Invested over $200 million in last 10 years

4,500 jobs

HQ of GE Power and Water - $43 billion business

Steam Turbine Manufacturing, Generator Manufacturing,

Renewable Energy, Energy Storage

$34 million invested in past 10 years

3,000 jobs (more than 1,000 PhDs)

1.4 million square feet – 550 acre site

One of the most distressed downtowns in upstate New York

Migration of downtown businesses to the suburbs

GE still shedding manufacturing jobs

Political stalemate at the City and County levels

Economic development process stalled

845 Broadway – YMCA Housing

Future Development

Waterfront Mixed Use Lifestyle Center

Design

Site Plan

Harbor Point

Retail along Riverside Blvd

Courtyard by Marriott – 124 Rooms

The Waterfront - 15 Townhomes

Harbor Point - 50 Condos

The Riverhouse - 191 Apartments

Ground Level of Apartments - Retail

Rivers Casino and Resort

Rivers Casino Along the River

•Harbor access for 46,000 boaters each year

passing the site via the Erie Canal

•Multi-modal access by road, bike, river, rail,

and air

Galesi Group Real Estate 695 Rotterdam Industrial Park

Schenectady, NY 12306 518-356-4445

www.galesi.com