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Yahoo!, Tuesday morning, confirmed it will be buildingthe 190,000-square-foot centerd that could employ, initially, 125 Yahoo! has pegged a 30-acre site in the park for the Yahoo!’s decision is considered a majo r victory, especially against a backdrop of a weakened economy wherr unemployment has increased in past year in Erie County to 8.1 percen t from 5.5 percent and in Niagaras County to 9.3 percent from 6.6 “This is a big win for the community,” said Tom Kucharski, president and chief executive officer. “Wse won the day.” Yahoo! was being courtesd by several states including Pennsylvania and Illinois forthe center.
All offered a handsome arrayu of incentives. “When a high tech compang like Yahoo! picks a communityu like WesternNew York, it’s like a said Sen. Charles Schumer, New York’s senior who played a key role in Lockporf landing the data The region crafted its own aggressivre incentive package including the offering 15 megawattsof low-cosr hydropower that could save Yahoo! an estimated $100 millionm over a 15-year period. also offered job training grantws andother incentives. High level pitchess also came from Gov. David Patersom and Schumer. Schumer made personal calls toYahoo !
CEO Carol Bartz to push the Kucharski said it also helped that the region offered a half-dozeb sites and not just a singular location. It also helped that a friendshiop quickly developed between theYahoo ! site selection team and the local economivc development community. “We developed a nice relationship with them and that helpedr makethis happen,” Kucharski “They were impressed that every time they we could assemble our team on a very shorg notice and give them the answers they wanted.” Construction on the data centerr will begin in August, said David Yahoo! senior vice president. The center will be open by May.
Kucharsku said there is a myriad positivesw that will comefrom Yahoo!’s The BNE will use it in its outreach to otherd companies it is courting, he “It confirms our ability to attracgt high tech and high profile Kucharski said. “To get a name company like Yahoo!! says a lot to the rest of the industrieaout there.” Yahoo! joins the ranksw of , that have either opened or expanded back office operationws in the region in recent years. “You add it into the mix of the some of the othetrcompanies we’ve landed and it becomees a very impressive list,” Kucharskj said.
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