Gyro-Stabilized Systems and the Nevada County Economic Resource Council plan to help anchor a building at 104 New Mohawk Drive that could become a digital media campus and expand the city’s “tech corridor,” Sierra Foothills Report has learned. The 26,600 square-foot building on 1.5 acres is in the heart of Nevada City’s Tech Corridor — just down the street from Telestream and Ensemble Design.
While a modest beginning, it could flourish into a full-fledged digital media campus that can attract outside business. A formal announcement of the strategy is expected April 7 at the ERC’s 2016 Annual Regional Economic Development Summit.
Gyro-Stabilized Systems — an up-and-coming local tech firm — is relocating to 104 New Mohawk Drive from 11990 Charles Dr. in the Loma Rica industrial park in Grass Valley. About 15 workers will occupy the new space, according to Sasha Scott, a marketing assistant at GSS. GSS co-founder and managing director Jason Fountain joined the board of the ERC last month. GSS, founded in 2011, specializes in the development of customizable stabilized camera systems for production, broadcast, utilities, and surveillance (see video).
At the time, ERC Executive Director Jon Gregory stated, “having access to Jason’s unique expertise relative to what’s important for starting and growing a young tech company in Nevada County is a huge benefit to our organization and the community-at-large.” Gregory continued, “GSS sells its products all over the world and is truly representative of the ‘Grow the Economic Pie’ focus of the ERC.”
The ERC is expected to relocate to the same address from its present location at 149 Crown Point Ct. in Whispering Pines Business Park in Grass Valley. The ERC shares the space with the Nevada County Contractors Association.
The ERC is moving forward with completion of a feasibility study for a proposed Sierra Digital Media Campus and other initiatives like the Talent Connection to support the tech sector.
As more tech-focused businesses occupy the building, the hope is that others will follow. The building has roots in tech: Sierra Video Systems was a previous tenant.
This comes amid a “boomlet” in Nevada City, with imaginative new small businesses such as ol’ Republic Brewery, Three Forks Bakery & Brewing Co., Wheyward Girl Cheese, Los Mineros taqueria and the Golden Era lounge. The historic Stonehouse has a new owner, who plans to make it a culinary arts destination. The Alpha Building on Broad Street also got a “facelift” that include fresh paint and new windows.
On the other hand, Nevada City is coping with the loss of video-tech giant Grass Valley, which relocated to Miranda’s headquarters at 125 Crown Point Ct. in Grass Valley. It had been a major sales tax generator to the city. Owner Belden Inc. brought Grass Valley on board and combined it with Miranda. It’s going to be an uphill battle.