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Helping businesses compete
Magnarelli secured:
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$45,000 for the Syracuse Convention and Visitors Bureau’s Marketing Plan
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$90,000 for the daVinci Jobs Web Project
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$200,000 for engineering internships for local businesses
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$500,000 for the Syracuse Center of Excellence Commercialization Assistance Program
Revitalizing downtown
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$5 million for the construction of the OnCenter Hotel
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$2 million for renovations of the 300 Block of South Salina Street – Downtown
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$3 million in additional renovation funds for the Landmark Theatre ($6.5 total funded)
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“Many economic development projects that I supported for Central New York
are now nearing completion. Funding that I secured has provided employment
for construction workers and will strengthen the economic stability of Central
New York.”
– Bill Magnarelli
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Expanding university programs
To capture the economic potential of Syracuse’s colleges and universities, Magnarelli continues
to work as chair of the Assembly Task Force on University-Industry Cooperation, securing
funding for developments such as:
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$5 million for the RESTORE Center (Life Sciences Center at Syracuse University)
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$125,000 for Syracuse University’s Commercialization Law Clinic
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$14 million transferred from Syracuse University’s State loan obligations to local economic
community projects
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