Year in Review: Tompkins County Area Development Supports Nearly $90M in Capital Investment for Ithaca Region

As 2019 draws to a close, Tompkins County Area Development (TCAD), the economic development organization for Ithaca and Tompkins County, looks back on all that has been accomplished in the past year and is pleased to report $86.7 million in capital investment projects. The organization’s strategic partnership with area businesses led to the retention of 159 jobs, plus 54 projected new jobs. Additional 2019 successes include adding 140 units of affordable housing, incentivizing 5 megawatts of renewable energy projects and supporting the region’s tourism program.

“We’re pursuing various avenues toward long-term economic success, and in 2019 that has included supporting local manufacturers and tech businesses, while delivering affordable housing and harnessing the power of renewable energy,” said Heather McDaniel, president of TCAD. “Our organization continues to partner with businesses and the Greater Ithaca community, ensuring Tompkins County remains a thriving destination to work and live.”

Top right: 
Rendering of Ithaca Arthaus – a new affordable
living project in Downtown Ithaca
Middle right:
Samantha Abrams and Ian Gaffney,
owners of Emmy’s Organics located in Dryden
Bottom right:
Dutch Harvest Farm – a new wedding
and event space in Lansing  

You may also like…

IAED Holds Annual Meeting, Presents Report to Community

IAED Holds Annual Meeting, Presents Report to Community

  ITHACA, N.Y., May 16, 2024 – Ithaca Area Economic Development (IAED) held its annual meeting and presented a report to the community at Ithaca Marriott Downtown on the Commons on May 15th. Nearly 100 area business leaders, community partners, and elected...

IAED Names Mary Holland-Bavis as Workforce Program Manager

IAED Names Mary Holland-Bavis as Workforce Program Manager

Pictured: Mary Holland-Bavis, IAED’s Workforce Program Manager. ITHACA, N.Y., February 13, 2024 – Ithaca Area Economic Development (IAED) announced it hired Mary Holland-Bavis as Workforce Program Manager. In this novel role, Holland-Bavis is responsible for...

IAED Seats 2024 Board, Elects Officers

IAED Seats 2024 Board, Elects Officers

Pictured: Cathy Hart, President, IAED Board of Directors. ITHACA, N.Y., February 7, 2024 – Ithaca Area Economic Development (IAED) appointed its 2024 Board of Directors at the first quarterly meeting of the year in February. New 3-year appointments include Jason...