Companies that operate at TechCity benefit greatly from the heritage the Hudson Valley has for engineering and other technology-based businesses. Aiding that effort has been the fact that SUNY New Paltz, SUNY Albany and RPI graduate so many students eager to put their knowledge to work. And now this (see video below)! Cornell University has been selected by New York City to build a major technology campus on Roosevelt Island. Great news for New York but, can it help the Hudson Valley? Yes.

Providing students the unique opportunity to attend college in New York City will make the Cornell campus internationally competitive. Many graduates will look to start their own business (the next Facebook perhaps?) but the cost of doing business in New York City is overwhelming. Starting up a business just 90 miles away at TechCity, where rents are one tenth that of Manhattan, gives any company a competitive advantage. With the Hudson Valley experiencing a technology boom and TechCity being at the forefront with companies like Precision Flow Technologies and Solartech Renewables, the addition of a high-profile technology university right down the road should provide any TechCity companies with high caliber talent with which to grow their business!

Ulster County, home to TechCity, saw its employment numbers rise last month based on the latest unemployment rate published by the New York State Department of Labor. The jobless rate fell in all Mid-Hudson Valley counties, indicating that the economy is strong and companies are finding the employees they need to grow.

In Ulster County, the October jobless rate was 7.4 percent, down from 7.8 percent in September, the department said; in Dutchess County, the unemployment rate fell from 7.2 percent in September to 6.8 percent in October.

The October jobless rates in other local counties were:

• Greene: 7.8 percent, down from 8.3 percent in September.

• Columbia: 6.8 percent, down from 7.0 percent.

• Sulllivan: 8.1, down from 8.3.

• Delaware: 7.6, down from 8.0.

• Orange: 7.2, down from 7.7.

The October unemployment rate for all of New York state was 7.9 percent, down from 8.0 percent in September, according to the Department of Labor.

TechCity was the site for an important safety training event for all Ulster County Area Transit (UCAT) drivers this weekend. More than 40 participants took part in a a “Bus Roadeo,” where they took the wheel of a UCAT bus and weaved through a specially designed course in a closed-off TechCity parking lot. The drivers were challenged with moving through a series of cones simulating real-world scenarios like narrow streets, tight turns and pick-up/drop-off situations. TechCity will soon have two UCAT bus stops for the 2,200 employees who work for the 30 tenants at the complex. Based on the skill level of the drivers this weekend, passengers are in good hands!

Over the past several years, TechCity has been moving rapidly forward on a Master Plan to transform its campus into the Hudson Valley’s premiere location for clean technology companies and related businesses. Recently, TechCity signed a landmark agreement with the New York State Department of Environmental Conservation and IBM, the former owner of the 260-acre property, allowing for further development of the Master Plan. TechCity hosted a press conference to announce the agreement. The press conference featured Joe Martens, Director, NYDEC; U.S. Congressman Maurice Hinchey; NY State Senator John Bonacic; NY Assemblyman Kevin Cahill; Town of Ulster Supervisor Jim Quigley; and Scenic Hudson Director Ned Sullivan. To view the press conference highlights, please click on the link below.

TechCity is creating opportunities for many companies looking to start or expand their businesses. These companies are manufacturing real products and hiring many people to do so. The Ulster County Chamber and regional newspaper the Daily Freeman highlighted some of TechCity’s success recently in an article leading up to TechCity hosting the Chamber’s monthly business mixer. Read all the good news through the link below!

TechCity is proud to host the Ulster County Regional Chamber of Commerce’s September Membership Mixer this Wednesday, September 14 from 5-7pm. More than 250 guests are expected as we update them on all the exciting developments taking place at TechCity. It is also an opportunity for the business community to learn more about our tenants and their products, such as Earthkind Energy’s solar installations, Solartech Renewables’ “Made in the USA” solar panels, Erdman Anthony’s innovative architectural services and many others. Hosting the mixer is another example of TechCity’s unique and important role as a central hub for economic development and jobs in the Hudson Valley. We hope you can join us.

TechCity Properties and its tenant Solartech Renewables today announced the installation of 216 photovoltaic solar panels on the roof of a TechCity building, resulting in a 50 kilowatt system. This system will serve as a foundation for a 2,000 kilowatt system currently in development for the TechCity complex. Solartech Renewables manufactured the solar panels, and related equipment, which are the only panels manufactured in the Northeast United States with 100 percent American-made parts. TechCity funded the nearly $500,000 project along with a grant from the New York State Energy Research and Development Authority’s (NYSERDA) Solar PV Program. Click on image for a video of the installation. Click below to download the press release.

TechCity is located on a campus orignally built by and for IBM. Big Blue tested mainframe computers before installing them for mission critical operations at NASA, on Wall Street and with some of the leading corporations of the time. Today, the campus continues the legacy of forward-thinking innovation with a focus on renewable energy companies that are manufacturing products for a new generation. Click the image above for an article highlighting the impact of former IBM sites in the Hudson Valley.

So much is happening at TechCity, we produced a magazine to tell everyone all about it. Created by national publishing company Schein Media, a company focused on sustainability in the real estate market, TechCity Magazine showcases the cutting-edge development and forward-thinking initiatives of the company’s management team, tenants and partners. The TechCity Magazine was printed and distributed to the commercial real estate community. In keeping with our focus on “green” technology, we made it available online: Enjoy!