BASSETT HEALTHCARE EXPANSION PROJECT IN DOWNTOWN UTICA

MAYOR ROBERT PALMIERI ANNOUNCES BASSETT HEALTHCARE

EXPANSION PROJECT IN DOWNTOWN UTICA

Project could bring up to 125 jobs to Downtown over a five year period

Mayor Robert Palmieri today announced that Bassett Healthcare Network will be locating an operational support center in the M&T Bank Annex Building in downtown Utica, which has been vacant for seven years.  

Bassett Healthcare Network is a high quality healthcare provider headquartered in Cooperstown with locations throughout Central and Southern New York. This would be Bassett’s first presence in Utica and only its second location in Oneida County.

Over the past year, Bassett has worked to identify a location for an operational support center that would be centrally located and has suitable space to meet the needs of its expanding network. Several sites were considered, with Utica surfacing as the top choice.

The Utica market also provides Bassett the potential to partner with educational institutions on programs that could help augment its long term technical workforce.

Bassett’s expansion plans in downtown Utica has the potential to bring 40 jobs within two years and approximately 125 over five years to the City.

“This is another exciting day for the City of Utica,” Mayor Robert Palmieri said. “Having reputable, regional companies like Bassett wanting to grow and expand in Utica speaks volumes of how far the City has come over the past three years. As we continue to change and transform our downtown, I am confident we will see further development in our City.” The Mayor added, “I thank Bassett for believing and investing in Utica.”

Bassett Healthcare Network President and CEO Dr. Vance Brown stated, “We look forward to working with the City of Utica on this project. We anticipate that it will take a year before we are ready to occupy the space at the M&T Bank building. We are still developing our plans for the operational support services to be located there, but it is an exciting partnership. We’re very appreciative of the support of Mayor Palmieri and his team.”

Sphere Holdings LLC, a real estate development firm located in Manlius New York, worked with Bassett, M&T Bank and the City of Utica to develop this project.   One of Sphere’s partners, Kurt Wendler said, “Mayor Palmieri and his staff have been instrumental in making this project a reality.”  As a Utica native, Mr. Wendler is grateful to the Bassett Healthcare Network, Mayor Palmieri and M&T Bank for their continued support of this project.  Mr. Wendler further stated that, “Allen Naples, President of M&T’s Central New York Region, immediately identified Sphere’s project as a win for the City of Utica and the greater central NY community.”  Bringing a project together of this magnitude is a coordinated effort and Sphere is delighted to be a part of the process.

M&T Bank Regional President Allen Naples stated, “We’ve always believed the success of M&T Bank is tied directly to the success of the communities we serve and our team works hard every day to generate business loans and other economic activity benefiting Utica. Working with Mayor Palmieri and Sphere Holdings to bring one of New York State’s premier healthcare providers and up to 125 new jobs to our building will have a positive economic impact on downtown Utica and the region.”