County Selling Property For New YMCA Site
Over the summer, the Jamestown YMCA proposed a new $26 million facility in the city. The Chautauqua County Industrial Development Agency is doing its part to help make that project come to life.
During a county IDA meeting Tuesday, board members approved the sale of more property where the new project will be located.
Rich Dixon, IDA chief financial officer, noted that last year the IDA purchased a parcel on Winsor Street that also butted up to Harrison Street. That property was later sold to the YMCA for its new facility.
“We are now in the process, today, of asking to sell two other parcels that we own that are adjacent to that, so the Y would have control from Winsor Street down to the property owned by Phoenix Metal on Harrison Street,” he said.
The two parcels equal about 2.89 acres.
Tom Benson is the YMCA new facility project manager and is working on obtaining various tax credits and doing fundraising for the new facility. In an interview with The Post-Journal over the summer, he said he new proposed Y would be two stories high and would include two parking lots, so there would be plenty of parking, which is an issue at the current location at 101 E. Fourth St. Along with parking challenges, the current Y is also located in a building that is about 100 years old, so there are several maintenance issues.
“The need is obvious,” Benson said. “This place (the new facility) will meet the majority of the needs of the community.”
Attorney Milian Tyler shared that the YMCA project may come back to the IDA in the future for financial assistance, including a Payment In Lieu Of Taxes if a for-profit entity becomes involved. “At a future date we may be reanalyzing the development; this is simply just for the sale (of the property),” he said.
The two parcels, which are brownfields, are being sold for $29,000 total. Dixon added that amount is what the parcels are assessed at.
IDA Chairman Michael Metzger said he has heard a couple of presentations on the new facility and likes what he’s heard. “It seems like a tremendous project,” he said.
Board members unanimously approved the sale of the property.