New York Fund Selects Firms to Develop, Build Dispensaries for Social Equity Licensees

Ten firms will create turnkey dispensaries for CAURD licensees.

New York took another step toward launching its adult-use cannabis program while supporting social equity applicants with the announcement that firms were selected to design and build dispensaries.

The New York Social Equity Cannabis Investment Fund LP, in conjunction with the Social Equity Servicing Corp., a Dormitory Authority of the State of New York subsidiary, awarded bids to 10 teams to develop roughly 150 turnkey sites across the state for recipients of Conditional Adult-Use Retail Dispensary Licenses from the New York State Office of Cannabis Management.

The teams of firms chosen include:

  • AOW Construction, LLC/ Anderson Porter Design
  • ES Development & Management Corporation/Method Architects
  • Forte Construction Corp/Goldman Copeland, PC/2WR+Partners
  • Grow America Builders, LLC/H2M architects + engineers
  • LeChase Construction Services, LLC/Envision Architects/LaBella Associates
  • Murnane Building Contractors Inc./BKA Architects and Wolf Construction Corp.
  • SEI Design Group Architects, DPC/Bette & Cring
  • SWAP Team (a joint venture between Anderson Porter Design, Salt Construction Management, Inc., and WHL Plant LLC)
  • Temeka Group/Schnackel Engineers, Quorum Architects/CS Hudson
  • The Pike Company, Inc./SWBR

SESC is currently working to identify sites that will be leased by the fund’s operating subsidiary and subleased to the dispensary operators.

The process is expected to continue through 2023.

When development will start, however, remains up in the air. The U.S. District Court of New York issued an injunction against the state, preventing it from issuing its first licenses to social equity applicants in certain regions while a case against it makes its way through the court.

The next OCM meeting is slated for Monday, Nov. 21.

Leave a Reply

Your email address will not be published. Required fields are marked *

Choose Your News

Subscribe to the Green Market Report newsletter that gives you original content delivered straight to your inbox.

 Subscribe

By continuing I agree to your Privacy Policy and consent to receive relevant newsletters and other email communications on events, editorial features, and special partner offers from Green Market Report. I can unsubscribe or change my email preferences at any time.


About Us

The Green Market Report focuses on the financial news of the rapidly growing cannabis industry. Our target approach filters out the daily noise and does a deep dive into the financial, business and economic side of the cannabis industry. Our team is cultivating the industry’s critical news into one source and providing open source insights and data analysis


READ MORE



Recent Tweets

@GreenMarketRpt – 36 mins

Psychedelic Therapy Industry Reels After Major Clinic Closures

@GreenMarketRpt – 6 hours

Michigan Cannabis Prices Spiked in February, First Time Since Legalization

Back to Top

Choose Your News

Subscribe to the Green Market Report newsletter that gives you original content delivered straight to your inbox.

 Subscribe

By continuing I agree to your Privacy Policy and consent to receive relevant newsletters and other email communications on events, editorial features, and special partner offers from Green Market Report. I can unsubscribe or change my email preferences at any time.