Western New York Regional Economic Development Council and City of Olean Announce Ground Breaking for North Union Street Redevelopment Project
Construction will create a walkable community in the city’s central business district
The Western New York Regional Economic Development Council (WNYREDC) and City of Olean today announced that ground was broken for the city’s North Union Street Walkable Olean Reconstruction project. The project involves the redevelopment of the 100-500 blocks of North Union Street and corresponding streetscapes to improve automobile and pedestrian traffic safety. This will be a spur to economic development of Olean’s central business district by creating a “walkable community” in the heart of Olean. The reconstruction will also fix water, sewer lines and street lights, as well as upgrade a railroad crossing.
“The project’s aim is to improve traffic flow and to bring a new ambiance to the street that will revitalize our city,” said Mayor of Olean William J Aiello. “The city’s infrastructure along North Union Street has been deteriorating for many years and many facets of the project will address these long overdue upgrades.”
“North Union Street will not only look nicer it will be better,” said Howard Zemsky, WNYREDC Co-Chair and Larkin Development Group Managing Partner. “The North Union Redevelopment project aligns with our council, local and regional smart growth principles intended to combat sprawl, increase investment in downtown, reduce vacancies and blight and encourage mixed use development for small-scale employment opportunities. This in turn will bring in new visitors, residents and businesses to Olean.”
“This project has attracted over $7.2 million of grant support from the Federal Hiqhway Administration and the State of New York, with the WNYREDC advocating for the first money in,” said Jeff Belt, WNYREDC member and SolEpoxy Inc. President. “These agencies believe in Olean because Olean is a beautiful city with outstanding assets that we will leverage by creating an efficient, walkable ‘destination downtown.’”