Empire State Development Corporation
07/26/2023 | Press release | Distributed by Public on 07/26/2023 13:19
A Downtown Success Story: Governor Hochul Announces Completion of Oswego’s Downtown Revitalization Initiative
Ribbon-Cutting Ceremony for 'Splash' Indoor Water Park Resort Marks Completion of Oswego's Final DRI Project; Makes Oswego First DRI Community in the State to Complete All of its Projects
New Water Park Will Create Jobs and Attract Visitors to Oswego's Downtown, Adding to the Vibrancy and Revitalization Created by the DRI
Completed DRI Includes Increased Housing in Downtown Oswego, Furthering Governor's Ongoing Commitment to Making New York More Affordable
See Before and After Photos of Oswego's DRI Projects Here
Governor Kathy Hochul today announced the completion of Oswego's final Downtown Revitalization Initiative project at a ribbon-cutting ceremony for the "Splash" Indoor Water Park Resort. The completion of this project makes Oswego the first DRI community in the state to complete all of its DRI projects.
"With this ribbon cutting ceremony for the Splash Indoor Water Park Resort, Oswego has completed a total of 10 projects to improve its downtown and become a model DRI community," Governor Hochul said. "Oswego's experience showcases the critical public and private partnerships needed to ensure the success of the program and spur economic development throughout the region. This success story can serve as an example for other communities as we look to the future of our DRI and NY Forward programs and continue working to build a better future for all New Yorkers."
New York Secretary of State Robert J. Rodriguez said, "You can feel the energy, vibrancy and excitement created by the Downtown Revitalization Initiative projects when you visit Oswego. The city has masterfully chosen and integrated a variety of projects that exemplify the vision and goals of the DRI, laying the groundwork for much more investment to come as the revitalization process continues to unfold and serving as a shining example for other communities participating in this program. Congratulations to the City of Oswego on this significant accomplishment."
The Splash Indoor Water Park Resort is a four-season family destination that is connected to the Clarion Hotel and Conference Center overlooking the Oswego River/Canal, linking the project to the city's cherished riverfront and its rich maritime history as the Port City. Splash builds on existing anchor developments and attractions in the downtown-many of which were funded by the DRI and other State programs-to strengthen the appeal of the downtown as a fun, family-friendly destination.
The DRI provided $500,000 for the project, which was implemented by Shane Broadwell of the Broadwell Hospitality Group. Broadwell estimates that Splash will create 60-70 jobs in peak season. The water park will also support surrounding businesses by attracting more visitors to the area.
Oswego received a $10 million DRI award in the first round of the program in 2016. The City's Strategic Investment Plan focused on increasing downtown housing, expanding small businesses, and providing entertainment and dining options for all ages, while maximizing access to its treasured waterfront. To date, Oswego's projects have created over 200 units of housing for households of all income levels, 12 commercial spaces and over 150 new full-time and part-time jobs.