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Auburn gets $10 million in New York's third-round DRI

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Staff Writer | July 27, 2018
Auburn
Empire State   The City of Auburn is the second largest city in Central New York

The City of Auburn, N.Y. will receive $10 million in funding as the Central New York winner of the third round of the Downtown Revitalization Initiative (DRI).

The City of Auburn serves as the Cayuga County seat and is the second largest city in Central New York. Auburn has a fascinating history in hydroelectric power and agricultural mechanization as well as advancement of human rights movements including abolitionism, women's rights, prison reform and temperance.

As "History's Hometown" Auburn has become a primary travel destination and was also named a best small city to raise a family.

While recent public and private investment, local planning efforts, and capital infrastructure projects have begun to catalyze downtown's redevelopment, there is still work to be done along the City's riverfront, transportation corridors, and arts district that comprise the DRI investment area and provide the greatest potential for vacant property revitalization and corridor enhancement.

The City is seeking to keep the momentum of recent development going by mending a historic downtown impacted by urban renewal and revitalizing vacant brownfield and riverfront properties.

To leverage DRI funds, City leadership has embraced a "#This Place Matters" campaign to achieve $40 million in public-private funds to invest in downtown.

Auburn's third round DRI win entitles it to receive $10 million in state funding and investments to revitalize its downtown neighborhoods and generate new opportunities for long-term growth.

Auburn now joins the cities of Oswego and Cortland, which were Central New York's winners in the first and second DRI rounds, respectively.


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