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Pittsfield Approves $250K For Berkshire Innovation Center

By Andy McKeeveriBerkshires Staff
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The City Council approved using $250,000 of GE economic development funds for the Berkshire Innovation Center.

PITTSFIELD, Mass. — The City Council approved Tuesday using $250,000 from the General Electric Economic Development Fund to kick start the new innovation center at the William Stanley Business Park.

The funds are hoped to be matched by the Pittsfield Economic Development Authority and begin the work of building the Berkshire Innovation Center on that land at 901 East St.

The state has earmarked $9.7 million toward a building that will serve as a place for multiple companies to do research and development with shared equipment and space.  The council accepted those funds last month.

"For me, I feel this vote is the most important vote I will take so far this year. I am proud to see PEDA moving forward," said Councilor at Large Kathleen Amuso.

The City Council Chamber was filled with supporters of the project. Representatives from MountainOne Financial — a tenant at the William Stanley Business Park — the Berkshire Chamber of Commerce, 1Berkshire, attorney Jeffrey Cook and Greylock Federal Credit Union all spoke in favor of the project.

"Any thing we can do as a city to promote economic development, I'm going to support. We need jobs and this is a start," said Ward 2 Councilor Kevin Morandi.

Morandi added that the project not only helps local small businesses but also builds a reputation for the city being welcoming to business.

"This gets Pittsfield on the map. We become an area that is going to attract interest," he said.

While the usage of funds received a unanimous vote, Councilor at Large Barry Clairmont had a few questions before the vote about the center's future operating budget. Clairmont worried that the new nonprofit being organized to head the center will fall short in operating funds the first two years. The new organization is expected to run the building based on membership fees from an array of institutions that have agreed to take part.

"It was looking like there is going to be some shortfalls in operation for years one and two," Clairmont said.

Douglas Clark, the city's direct of community development, said the new agency will have to find a way to make the numbers work and that there is no intention for the group to come back and ask for more.

"This is intended as a one-time request and approval," he said.

The money is eyed to start site work and help release the state funds earmarked for the construction.

"We're hoping this will be enough to put out an RFP and be able to talk more seriously about design issues, to do some site work, and get prepared for the grant coming forward or a portion of that $9.5 million coming forward next year instead of waiting several years," Mayor Daniel Bianchi said earlier in the day.

PEDA Board Chairman Mick Callahan compared the process to get to this point to an "old-fashioned barn raising" because of the number of people it took to put together the business plan, attract the businesses and flesh out the concept.

Ward 5 Councilor Jonathan Lothrop recapped the changes in the plan and called it one that will both keep the city's existing manufacturing base and look to move forward.

Ward 6 Councilor John Krol said, "this project is an example of our community taking time, listening to feedback, being able to adapt and respond... This model really gives us the best model to help our small businesses."

Faced with a question about where the businesses are coming from - many being from out side the city - Clark said there will still be economic benefits from having those businesses operating in the center.

"It is not a good strategy to build a wall around Pittsfield. Yes, we are bringing some companies in from outside of the area. But those companies may be employing people who live in Pittsfield," Clark said.

Vice President Christopher Connell said the plan is "exactly what this fund was set up to do." The city received some $10 million from GE more than a decade ago to help spur development on its former land.

"Every single day that fund loses value. This is such a small investment. We are putting up only 5 percent of what is left in that fund," Connell said of those dollars. "This is exactly what this fund was set up to do."

 
The History
Local Manufacturers Will Lead New Berkshire Innovation...
PITTSFIELD - 08-12-2014 - "We have a pretty good cross section of our partnership with education and research institutions and our private-sector...
PEDA Debates Options For New Innovation Center
PITTSFIELD - 07-10-2014 - "We're trying to get the best advice possible so that we don't make mistakes going in and delay the process," PEDA...
New Nonprofit Will Govern PEDA's Innovation Center
PITTSFIELD - 05-30-2014 - "Creating that invested equity right out of the gate is, in my opinion, a sure way to see that they stay engaged."...
State Grants $9.7M For PEDA Life Sciences Center
PITTSFIELD - 05-20-2014 - "I am thrilled, because we have been diligently, deliberately and systematically pursuing this fabulous award for more...
Research Prompting New Direction for Pittsfield Life...
PITTSFIELD - 01-15-2014 - "I am guardedly optimistic that we're going to be able to move ahead on this." — Mayor Daniel Bianchi
PEDA Moves Forward With Re-Envisioned Life Sciences...
PITTSFIELD - 12-11-2013 - "We have letters of support from virtually every key industrial player in the region." — Rod Jane
PEDA Awarded $55K for Life Science Center Study
PITTSFIELD - 06-27-2013 - "Now there's some validation that we're taking a step forward and it's not just talk." — Corydon Thurston
PEDA Prepares for Open House, Life Sciences Pitch

PITTSFIELD - 06-12-2013 - "We're going to open up the gates, ... we'll get some folks who have an interest to walk down into the 'Teens...
PEDA Prioritizing Marketing, Life Sciences Project
PITTSFIELD - 03-08-2012 - "It's more than just filling out an application and then saying 'OK, give us the six million bucks." — Mayor...
Downing Secures $6.5 Million Authorization For PEDA
PITTSFIELD - 03-21-2008 - "It is important that Western Massachusetts carve its own niche in the commonwealth's emerging life science industry."...

 

 


Tags: innovation center,   life sciences,   PEDA,   state grant,   

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Central Berkshire School Officials OK $35M Budget

By Sabrina DammsiBerkshires Staff
DALTON, Mass. — The Central Berkshire Regional School Committee approved a $35 million budget for fiscal 2025 during its meeting on Thursday.
 
Much of the proposed spending plan is similar to what was predicted in the initial and tentative budget presentations, however, the district did work with the Finance subcommittee to further offset the assessments to the towns, Superintendent Leslie Blake-Davis said. 
 
"What you're going see in this budget is a lower average assessment to the towns than what you saw in the other in the tentative budget that was approved," she said. 
 
The fiscal 2025 budget is $35,428,892, a 5.56 percent or $1,867,649, over this year's $33,561,243.
 
"This is using our operating funds, revolving revenue or grant revenue. So what made up the budget for the tentative budget is pretty much the same," Director of Finance and Operations Gregory Boino said.
 
"We're just moving around funds … so, we're using more of the FY25 rural aid funds instead of operating funds next year."
 
Increases the district has in the FY25 operating budget are from active employee health insurance, retiree health insurance, special education out-of-district tuition, temporary bond principal and interest payment, pupil transportation, Berkshire County Retirement contributions, and the federal payroll tax. 
 
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