A unique and timely confluence of public policy, financial investment, and economic reality is the driving force behind Port Cortlandt — a proposed waterfront property ideally suited to the needs of a modern offshore wind infrastructure facility for port, manufacturing, fabrication, and other supply-chain services.
With the July 21, 2020, release of “Purchase of Offshore Wind Renewable Energy Certificates” (RFP No. ORECRFP20-1) by the New York State Energy Research and Development Authority, New York State is committed to a $400 million public/private partnership investment in port infrastructure improvements to leverage and strengthen private investment and maximize long-term economic benefits.
We are excited to announce that Port Cortlandt is among the 11 ports eligible for New York State reimbursement-based grant funding and State-assisted financing.
Port Cortlandt would redevelop a 54-acre portion of a 99-acre waterfront and upland property owned by the Town of Cortlandt. The inclusion of adjacent, contiguous properties could allow for a phased development exceeding 180 acres in total.
The physical and environmental attributes of Port Cortlandt place our site alongside a deep-water channel in the heart of New York’s multi-tiered supply chain for wind developers and their manufacturers, fabricators, and associated businesses.
Port Cortlandt will be sited on and around property currently owned by the Town of Cortlandt. The Concept Site Plan and renderings below are provided for illustrative purposes only and will be updated as necessary.
Adjacent parcels are shown for potential expansion, and outreach or discussions have been initiated with all property owners that may be included in our Port Infrastructure Investment Plan for submission to NYSERDA by respondents to ORECRFP20-1 in October 2020.
With the Indian Point Energy Center (IPEC) facility expected to undergo a transfer of ownership in 2021, commitment to the use of early-release IPEC parcels is unlikely for the 2020 offshore wind energy solicitation, and the Town of Cortlandt property is the focus for the first phase of potential economic development.