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US (NY): $2.8M cannabis cultivation facility planned for Pittsfield's William Stanley Business Park

A pair of New York brothers plan to build a $2.8 million cannabis cultivation facility across the street from the Berkshire Innovation Center.

Board members of the Pittsfield Economic Development Authority voted unanimously Tuesday to advance an option agreement with Jeremy and Phil Silverman, the brothers behind a new cannabis company, Berkshire Kind Inc. The agreement initiates the sale of a 1.5-acre parcel near the corner of Woodlawn Avenue and East Street to the Silvermans.

The facility, expected to create about 20 jobs over the next two years, is the latest move in a citywide effort to draw in new business, build Pittsfield's tax base and generate new employment. The industrial park was once home to General Electric Co., which in its heyday employed thousands at the site.

PEDA Chairman Mick Callahan said the Tuesday vote empowers the authority's Executive Director Corydon Thurston to move forward with paperwork for the sale. Callahan declined to disclose the agreed-upon purchase price for the property until the paperwork is officially signed.

Read the full article at The Berkshire Eagle (Amanda Drane)

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