Schenectady Metroplex Development Authority
The Schenectady Metroplex Development Authority is a public benefit corporation established in 1998 to foster economic development in Schenectady County, particularly along the Route 5 and Route 7 corridors. Its key objectives include constructing new facilities that stimulate business growth, create job opportunities, and generate tax revenue while facilitating effective redevelopment efforts in the service district.
Metroplex operates by providing financial assistance through grants and loans, alongside technical support to connect businesses with essential resources. With an expanded territory of approximately 84 square miles, the authority aims to drive coordinated development activities that support the local economy and enhance community wellbeing.
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