NEW YORK STATE URBAN DEVELOPMENT CORPORATION d/b/a ...

e-orienting proposed development areas and buildings to be more consistent with the existing
terrain, and by preserving and enhancing an existing stream corridor traversing the Project Site.
Other reductions in impacts evident in the Preferred Alternative include a new bypass road to
channel Route 77/63 traffic away from the Hamlet of Alabama, moving to a distributed concept
of stormwater management facilities, and adding bioswales at the edges of paved areas to
reduce stormwater management system volumes.
The most significant revisions made to the Preferred Alternative include the removal of the
John White WMA from within the Project Site boundary; the relocation of the proposed Town
of Alabama Town Hall closer to the Hamlet of Alabama, as well as Project buildings located near
the Hamlet of Alabama being re-scaled in order to be more consistent with the existing
character and nature of the Hamlet; and the refinement/clarification of the 400-foot buffer line
around the Project Site perimeter, including the addition of tree plantings along the western
Project Site boundary designed to augment existing forested areas in order to create a visual
screen which will further reduce the potential visual impacts associated with the Project to
surrounding properties.
In terms of economics, STAMP represents a significant opportunity to bring investment in high
technology research, development and manufacturing to the County of Genesee and the
Western Region of the State of New York. To date, GCEDC has already received inquiries from
high technology companies that could appropriately be accommodated at the Project Site.
Therefore, there is considerable market demand for such a high technology campus in this area.
Economic benefits associated with the Preferred Alternative will be substantial including:
At full build-out, STAMP will comprise approximately 6.1 million square feet of
employment-supporting building space with a total estimated assessable value of
$760.5 million.
STAMP is projected to support approximately 9,330 Full-Time-Equivalent (“FTE”) jobs at
full build-out and occupancy.
STAMP employment is projected to generate direct annual wages of almost $532 million
at full build-out and occupancy (2011 dollars).
Total economic output is projected to equal approximately $4.6 billion at full build-out
and occupancy, including secondary economic impacts.
Indirect (supply chain) wages (wages not directly attributed to STAMP employers) are
projected to equal $761.3 million at build-out and occupancy, reflected in indirect
employment of over 17,000 FTE jobs.
Construction phases are projected to support 1,400 to 2,900 direct and indirect FTE jobs
during the duration of development, with total earnings ranging from $40.8 million to
$83.8 million.
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