Rome, NY brownfield report names ‘best use’ plan for redevelopment

After visiting the former Rome Cable Corporation complex in October 2021, the Counselors of Real Estate’s Consulting Corps has released a report paving the way for industrial development at the complex’s second brownfield site.

“This site has good potential for redevelopment,” CRE said in the 29-page report, which was sent to the City of Rome and Mohawk Valley EDGE in February.

In its report, the group recently released recommendations for the site, which closely align with those of the city.

CRE, an international nonprofit organization of commercial property professionals, recommended the city build — or bring in a partner to build — flex industrial buildings on the site, meaning the could adapt to suit numerous industrial businesses.

A subsidy would be required, the report said.

Rome Cable Corporation redevelopment history

Cold Point Corporation opened a new 50,000-square-foot, $5.1 million manufacturing facility in Rome in early 2021 at the first of two brownfield sites at the former Rome Cable Corporation complex.

For over 60 years, the Rome Cable Corporation had designed, manufactured and supplied wire and cable products for various markets. The company closed its doors in 2003 and liquidated all its assets.

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