Downtown Penn Yan was selected as the winner of the $10 million Downtown Revitalization Initiative in the Finger Lakes Region.
The Village of Penn Yan, a hub of business and recreational activity surrounded by bucolic farmland, leads the Finger Lakes Region in manufacturing job growth. Rich in history, the Village’s downtown is comprised of lovely tree-lined streets, intact historic buildings, and beautiful landscaping. While so many other main streets have lost out to strip mall developments and big box retailers, Penn Yan’s downtown is still the center of commerce for residents and visitors alike. However, a number of barriers, including the impact of recent extreme floods and lack of housing options, are suppressing Penn Yan’s full potential for leveraging private investment and increasing economic opportunity for all. The DRI planning effort in Penn Yan will focus on overcoming these barriers and promoting sustained, year-round economic growth by concentrating on four areas: leveraging the abundant natural assets, capitalizing on the growing craft food and beverage industry, using the local art scene as an economic engine, and capturing the intellectual capital that lives and vacations in the Village.