May 2016 Cover Story: Economic Development

Securing a stronger future for the north country

COR Development’s Mercy Health Center Redevelopment project is set to begin its first phase of construction this summer on 30,000 square feet of commercial space and 108 apartments. Overall, the project will house 168 units and a community center on the grounds of the former Mercy Hospital in Watertown. Photo by Stephen Swofford, NNY Business.

COR Development’s Mercy Health Center Redevelopment project is set to begin its first phase of construction this summer on 30,000 square feet of commercial space and 108 apartments. Overall, the project will house 168 units and a community center on the grounds of the former Mercy Hospital in Watertown. Photo by Stephen Swofford, NNY Business.

Despite workforce challenges, regional economic development continues to power positive growth across Northern New York

By Karee Magee, NNY Business

A rural and historically challenged region where economic development was often stagnant, the Great Recession dealt a significant blow to New York’s north country as its counties saw a spike in unemployment and manufacturing jobs disappear, including about 600 from Jefferson County alone. [Read more…]

April 2016 20 Questions: William Fox, St. Lawrence University

A higher ed calling

William L. Fox, St. Lawrence University’s 18th president, discusses his tenure leading the university and his own undergraduate experience as a member of the class of 1975 in his Canton office last month. Photo by Justin Sorensen, NNY Business.

William L. Fox, St. Lawrence University’s 18th president, discusses his tenure leading the university and his own undergraduate experience as a member of the class of 1975 in his Canton office last month. Photo by Justin Sorensen, NNY Business.

William Fox, SLU ’75, leads university steeped in tradition to new, lasting heights

When St. Lawrence University president William L. Fox first arrived on campus in 1971 for a visit during his senior year of high school, he instantly knew that he’d found his undergraduate home. Fast-forward some 38 years to 2009, and Mr. Fox, a 1975 graduate, made a serendipitous return to campus as the university’s 18th president. With the nation’s economy in a tailspin, he’d take the reins at the storied institution while facing incredible challenges as the university’s endowment plunged 35 percent, losing nearly $100 million. But, as Mr. Fox tells it, the perseverance of an academic institution revered by its alumni helped to carry it through hard times. Now in his seventh year at the helm, Mr. Fox and the team he leads have set a course of innovation and adaptation that he believes will propel St. Lawrence well into the future. We sat down with Mr. Fox last month for a conversation about what makes St. Lawrence a jewel in the crown of higher education. [Read more…]