downtown syracuse development overview

City Center - This $17 million mixed-use development project will transform the former Sibley’s Department Store, City Center, into a mix of retail and restaurant space, offices, apartments and the relocation of The Redhouse Arts Center. This will greatly expand the nonprofit arts center’s presence downtown. The new, bigger location will also allow outside arts groups to lease the venue for rehearsal and performance space. The renovation will also include the creation of a courtyard in the building’s center. The attached garage will be reopened for 380 cars initially, making it an appealing option for office tenants. Approximately half of the building will be dedicated to office space. Construction, scheduled to begin in 2015, is expected to take 18 months to complete.

Pike Block - Anchoring the redevelopment effort in the heart of downtown, VIP Development Associates created the Pike Block by renovating four adjacent properties on the 300 block of South Salina Street. The project will be completed in fall 2014 with the assistance of state and local funding support. The $28 million conversion of 130,000 square feet of vacant space yielded 67 market rate apartments, as well as Tim Horton’s, Jimmy John’s, Pathfinder Bank and CenterState CEO and the Downtown Committee’s offices.

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Residential Development• Market-rate housing in Downtown Syracuse is at a 99% occupancy.• The average monthly rent in Downtown Syracuse is $1,219.• The downtown neighborhood is one of the two fastest-growing population centers in Onondaga

County.• Downtown Syracuse has approximately 3,250 residents currently, a 47% increase from 10 years ago.• More than 430 new residential units are planned or underway in Downtown Syracuse. This will bring

nearly 800 new residents to downtown and will represent a nearly 25% increase in downtown’s population.

• 40% of downtown residents are associated with University Hill.

Merchants Commons - Washington Street Partners launched a $12.5 million mixed-use adaptive reuse project called Merchants Commons that turned two previously vacant buildings (the former Merchants Bank Building and Snow Building) into 66 residential units. The renovations also included a 10,000 square foot rooftop deck, more than 34,000 square feet of commercial space and a 48-car parking garage on the ground floor and basement. The project was completed in spring 2013. In June, Syracuse Media Group relocated its downtown headquarters, including about 170 employees, to the 27,000 square foot, two-floor office space at Merchants Commons.3

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Downtown Syracuse is at the center of more than $2.6 billion in capital investments being made throughout Syracuse. In Downtown Syracuse alone, capital projects planned or recently completed total more than $368 million and are part of the more than $502 million that has been invested into Downtown Syracuse over the past five years. Much of the investment taking place here falls into a few main categories:

Geneva Tower - SUNY Upstate Medical University is investing $32 million to renovate two buildings in Presidential Plaza into housing for about 400 Upstate Medical University students as well as medical residents. Construction on Geneva Tower, formerly Townsend Tower, was completed in 2012 and houses more than 100 students.

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UA Towers - After undergoing a $1.5 million renovation, the fourth, fifth and sixth floors of the former 500 Building are now 31 luxury condominiums. The rest of the floors are home to offices and retail space. Originally built in 1929, this 12-story building was at first known as the Chimes Building because of its electronic chimes that used to ring every 15 minutes. The building was designed by the same architect firm that built the Empire State Building two years later. The property was purchased for $1 million in 2009 by UA Properties LLC, a Long Island real estate investment company, and the building was renamed UA Towers.

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WFBL Building - The space that once housed Syracuse’s first radio station will be turned into eight apartments, while keeping the terra cotta art deco façade intact. A new three-story building built behind the existing façade will contain eight units in the top two floors, and the bottom two floors will contain retail space. The $3.4 million construction project of the former WFBL Building will also feature covered parking space in the back.

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Onondaga Music Building - Built in 1914, the historic four-story building at 214 W. Jefferson St. that once housed the Onondaga Music Company will undergo a $3.9 million mixed-use renovation. Plans for the building include a banquet facility on the ground floor. The top three floors will include 21 one- and two-bedroom apartments with 10-foot ceilings, open floor plans and individual washers and dryers in each unit.

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Courier Building - Across from Syracuse City Hall, the Courier Building is undergoing a transformation with a $1.7 million renovation. The ground floor will contain office and restaurant space, while the upstairs will feature nine upscale apartments. Built in 1844, the building was once occupied by the Syracuse Courier Newspaper and is the site where Daniel Webster, 19th century senator and orator, gave a speech from its balcony.

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Creekwalk Commons - The former E.M. O’Donnell building that sits along Onondaga Creekwalk has been converted into a downtown dormitory for students enrolled full-time in any of the area’s colleges and universities. The 75 proposed apartments house students in fully furnished one- or two-bedroom apartments. Spearheaded by Hueber-Breuer, the $17 million renovation also includes 8,000 square feet of retail space, including Cafe Kubal’s newest location. The building opened to residents in August, 2014.

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Downtown Syracuse Development Overview, page 2

443 S. Warren St. - About $756,000 in renovations have been completed to create two spacious, upscale suites at 443 S. Warren Street. Built in the 1920s, the building most recently was home to Quartier Printing. Now, the second and third floors each has a 2,800-square-foot, two-bedroom apartment with 10-foot ceilings. The first floor of the building features an in-house theater and fitness room.

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Amos Building - On Clinton Square, developer Dan Queri has announced plans to expand the Amos Building to offer 16 additional apartments, totaling 35. The four-story, $1.5 million expansion will be built on the east side of the existing building.

Herald Commons - Originally built in 1928 for the Syracuse Herald (later the Syracuse Herald-Journal after merging with the Syracuse Journal), the four-story Herald Building is getting a $5 million face lift. The new owners are calling it Herald Commons and will market the renovated floors to office tenants and lease a restaurant on the ground floor. Located on the northeast corner of Franklin Street and Herald Place, the building is just one block north of Dinosaur Bar-B-Que restaurant.

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Goldberg Building - Vacated since 1993, the previous M. Goldberg & Sons Furniture Corp. building will undergo a $2 million renovation to create a mix of ground-floor commercial space and 12 apartments on the upper floors. The building fronts both Clinton Street and Salina Street. The Clinton Street space will offer six apartments on the second floor, and plans are being made to add a third floor of additional apartments. The Salina Street space will be used for commercial leasing.

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235 E. Water St. - Construction on 235 E. Water St. has begun. A $560,000 renovation will transform the building into high-end, loft-style apartments on the top three floors and commercial space on the ground floor. Located in Hanover Square across the street from the State Tower Building, Syracuse City Hall and the New York State Office Building, the apartments will feature open floor plans with large windows. The early 20th century structure was built utilizing the Erie Canal’s sidewalls, which are still visible in the building’s basement.

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Common Space - Developer Troy Evans will begin a $1.6 million conversion of 201 East Jefferson Street into a mixed-use facility. Geared towards the burgeoning entrepreneurs of the Syracuse region, unique space will be created to work and live with both office space and apartments.

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Icon Tower - Icon Companies presented plans to turn the former 10-story Excellus Building on Warren Street into Icon Tower, a mixed use conversion that is projected to cost $20 million. Proposed plans include retail space and 35 interior parking spaces on the first floor, office space on the second and third floors, and 73 apartments on the fourth through tenth floors.

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Addis Building - Developers have agreed to purchase and renovate the long-vacant Addis Co. building. The Lahinch Group is currently securing financing for the $4.8 million renovation of the 45,000-square-foot structure on South Salina Street. Plans call for the creation of retail space on the ground floor, office space on the second floor, and apartments on the upper three floors.


Culture & Tourism

• Downtown Syracuse has more than 2.5 million annual visitors to its museums, musical and theatre performances, festivals and other cultural programming.

Sky Armory - The Events Company, a local event planning company, is converting the upper floors of the Wells & Coverly Building into two banquet halls with capacity for 350 and 450 guests. The $2.9 million renovation project will include catering kitchens, facade improvements and the renovation of a pedestrian bridge that links the building to the Clinton Street Garage. The ballrooms will be marketed for social and corporate events, weddings, parties, fundraisers and galas.

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Landmark Theatre - The Landmark Theatre completed its $16 million stagehouse expansion project in November 2012. The renovation increased the size of the backstage area to better accommodate traveling Broadway shows and other entertainment. Since the expansion, the Landmark has been able to book several major shows, including Jersey Boys and Wicked. Beginning in January 2015, the Landmark was chosen as one of eight theaters in Upstate New York to originate live theatrical productions prior to them launching National Broadway tours, which will bring hundreds of Broadway cast and crew members to live in Syracuse for 4-6 weeks at a time, further boosting the downtown economy.18

Hotel Syracuse - An iconic downtown building is coming back to life. Plans have been made public for Hotel Syracuse, which closed in 2004 after 80 years of business, to undergo a $60 million renovation. The Syracuse Community Hotel Restoration Company 1 LLC, led by developer Ed Riley, plans to reopen the building as a 261-room hotel, enlarging and modernizing all guest rooms. Plans also include restoring the function rooms and lobby to their original grandeur.

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Connective Corridor - The final phase is underway to fully implement the $45 million Connective Corridor bus route project that was initiated by Syracuse University. The project aims to strengthen the social connection between the university and the downtown community by improving infrastructure and street scapes. Visible improvements include new bike lanes, lighting and street furniture. As part of the Connective Corridor Façade Improvement Grant Program, $625,000 was awarded to more than 40 downtown businesses for architectural enhancements, such as new awnings and canopies, outdoor bistro tables, window treatments, murals, public art, planters and landscaping, and window and door replacements. The entire Connective Corridor project is set to be finished in 2015.20

The Inns at Armory Square - The Marriotts at Armory Square opened a seven-story $29 million hotel in July 2013 called the Inns at Armory Square. The new building is split into two hotels: a 102-room Courtyard by Marriott and a 78-room Residence Inn by Marriott. It welcomes an average of 90,000 guests annually who spend in excess of $18 million each year in the community.

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Synapse Headquarters - Synapse Partners, LLC, a comprehensive environmental risk and wholesale insurance firm, was awarded LEED Platinum certification in 2012 for its newly renovated eco-friendly headquarters on Water Street. The building received the seventh-highest LEED score in the world. The total investment was $1.4 miillion.

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Washington Station - In August 2010, the Pioneer Companies completed the construction of the $25 million, 125,000 square-foot Washington Station office complex. Part of the building houses O’Brien & Gere Engineers, Syracuse’s largest environmental and civil engineering firm, which moved downtown from the suburbs and brought in 330 employees. The building is one of six buildings in Downtown Syracuse to receive LEED certification from the U.S. Green Building Council.

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Onondaga Tower - CBD Companies are completing an $8 million renovation of Class A office space at the Onondaga Tower Building, leaving a substantial impact on the Warren Street corridor. The building has eight total floors of office space, five floors of parking and 20,000 square feet of ground-floor retail space. The ground floor is home to a Jolime Fresh Garden Cafe and an Aspen Athletic Club health and fitness center. Another major tenant is St. Joseph’s Hospital Health Center, which has space on the ninth and 10th floors for more than 90 employees. Ashley McGraw Architects is located on the building’s top floor.

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The Tech Garden - The Tech Garden is a 35,000-square-foot innovation and technology incubator, one of the largest in New York State. It partners with Syracuse University on the development of a Kauffman-funded student venture incubator/accelerator (the Student Sandbox) that is considered a national model. The Tech Garden is at capacity and has a waiting list for projects. Its success prompted the need to create the Tech Garden II, an 18,000-square-foot, $270,000 expansion of new space at AXA Towers.

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New & Longtime Business in Downtown• 18 new retail businesses have opened in Downtown Syracuse in the past year. One of downtown’s

strengths has long been its variety of retail and dining establishments, something the Downtown Committeee celebrates with the Dining Week promotion each February.

• Downtown Syracuse continues to experience a trend of suburban businesses relocating back to the urban center. In the past few years, companies such as Eric Mower & Associates, O’Brien & Gere, Countryway Insurance, MVP Health Care, and KS&R have relocated or expanded in Downtown Syracuse. In the fall of 2014, Southerland Global Services announced it would add 200 additional jobs to its downtown location.

Rite Aid Façade - The 1940s building that sits at the crossroads of Fayette Street and South Salina Street was once a visual landmark for people waiting at the corner bus stop due to the big clock above the former department store’s entrance. In 1997, strong winds brought down Rite Aid’s metal storefront sign and revealed the terra cotta designed façade of the old F.W. Woolworth Co., as well as the clock frozen at 1:06 p.m. City officials sought to make the change permanent and are working with Rite Aid on a $60,000 exterior- restoration project that will enhance the original design of the building.

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Flowscape - Perseverance Park, the park on South Salina Street between West Washington and Fayette Streets, was transformed into a public art piece called Flowscape. The painting project is a temporary installation intended to inspire the public to brainstorm ideas for what they would like to see happen permanently in this space. The City of Syracuse is working with the Downtown Committee of Syracuse and community stakeholders to develop plans for a permanent redesign of the park, which is estimated at $2 million.

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Bank Street Conversion - The southern block of Bank Street, a two-block back alley that runs through the heart of downtown, is now a pedestrian-friendly streetscape. The $1.1 million conversion was funded by the city, county and National Grid. The transformed area is now visually appealing with trees, park benches, antique-style LED street lights and brick walkways on both sides of a curving roadway. In addition to the new streetscape, a new drainage system and sewer lines were installed to keep 438,000 gallons of rainwater out of the city’s stormwater system. Work will begin on the northern block of Bank Street soon.

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Creekwalk - Opened in 2011, the $11 million Onondaga Creekwalk offers walkers and bike riders a continuous, scenic path between Armory Square and Onondaga Lake. The 2.6-mile recreational trail that runs along the east bank of Onondaga Creek is extremely popular year-round, and it is lined with ornamental lamp posts for nighttime strolls. Built with porous pavement and other green infrastructure elements, the Creekwalk is projected to capture 254,000 gallons of rain water each year.

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Clinton Storage Facility - This $77 million project implemented by Onondaga County’s Save the Rain program is expected to capture 114 million gallons of water per year. Nearing completion, the Clinton Storage Facility can hold six and a half million gallons of rain water.

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Centro Transit Hub - To replace Common Center, which was located in the heart of Downtown Syracuse, the Central New York Regional Transportation Authority opened an $18.8 million transportation center at the south end of downtown in August 2012. The new Transit Hub offers passengers the ability to wait in a climate-controlled facility rather than outside in bad weather.

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Infrastructure• The streetscape in Downtown Syracuse is rapidly changing with green improvements and numerous

transportation upgrades, making downtown a more sustainable and easily accessible place to live, shop and work.

Save the Rain - Onondaga County’s Save the Rain program is responsible for green improvements downtown that capture and recycle millions of gallons of storm water, therefore reducing pollution to Onondaga Lake. The program keeps rain water from ending up in the sewage treatment system by planting wetlands, installing porous sidewalks and roads and building underground storage tanks. So far, $51 million have been invested in Save the Rain projects downtown.

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I-81 - The elevated highway is nearing the end of its useful life and will require replacement soon. The New York State Department of Transportation is exploring what will replace the current viaduct as part of the federally-mandated environmental impact statement process. In June 2014, NYSDOT recommended three viaduct alternatives and three street-level options for further study. Public comments were collected throughout the summer. By the end of 2014, NYSDOT will release a final scoping document. This will be followed by the preparation of a draft environmental impact statement for the project.

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CNY Biotech Accelerator - SUNY Upstate Medical University has completed the new $23 million CNY Biotech Accelerator at Loguen’s Crossing (the former Kennedy Square).

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University Hill

The momentum building in Downtown Syracuse is spreading throughout the center city. Here are highlights from other Syracuse neighborhoods:

SUNY Upstate Hospital Cancer Center - The $74 million Cancer Center opened in July, 2014. The new facility consolidates radiation, chemotherapy, and other outpatient services that were scattered across several Upstate locations. The Cancer Center is equipped with a $5 million radio therapy system that is only being used in two other sites in the U.S.

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Loguen’s Crossing - COR, one of Syracuse’s leading private developers, has entered into an agreement with SUNY Upstate, which is projected to result in $340 million of new investment in the city, with new residential, commercial, as well as research and development facilities.

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SUNY Upstate Medical University Academic Building - Upstate University Hospital’s Academic building is currentlly under construction. The $36 million project is scheduled to be complete in 2015. The facility will include an on-campus home for the College of Nursing, a 400-seat auditorium and a specialized classroom designed to accommodate new technology and a growing student population.

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SUNY Upstate Medical University Neuroscience Research Center - The $72 million project opened in October, 2013. The building offers 150,000 square feet of space dedicated to research of the brain. The building offers 31 wet/dry laboratories and laboratory support functions.

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Syracuse University’s Dineen Hall - The new, $95 million facility for the SU College of Law was dedicated in September, 2014. The 200,000 square-foot building includes a 300-seat auditorium and a 36,000-square-foot library, along with lecture halls andfaculty offices.

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Syracuse UniversityNewhouse Studio & Innovation Center - Oprah Winfrey dedicated the new facility at Newhouse II in September, 2014. The $18 million renovation dramatically changed the appearance of the building, with a steel and glass atrium. Five new state-of-the-art television studios have been created. The Dick Clark Studios and Alan Gerry Center for Media Innovation feature the latest in media technology to educate students in media and communication.

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Veterans Administration Spinal Cord Injury Center - The Veterans Administration Medical Center completed its $84 million Spinal Cord Injury Center. This will assure that combat veterans returning from our nation’s conflicts are treated to the best of medical care after their service to our country.

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Hotel Skyler - The Woodbine Group recently opened the new Hotel Skyler. The $6.7 million hotel occupies the former Temple Adath and features 58 unique luxury hotel rooms. At the time of its opening, the Skyler is one of only three hotels in the US to have won the prestigious LEED platinum certification from the US Green Building Council. The developer has plans to construct an adjacent apartment tower that will provide 100 new units.

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SUNY ESF Research Building - SUNY ESF also plans to build a new $86 million research building. The facility will total 120,000 square feeet and will serve as a new home for the Department of Environmental and Forest Biology.

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SUNY ESF Illick Hall - SUNY ESF is completing a renovation of Illick Hall. A new greenhouse is being constructed and the roof, exterior masonry, and windows are being replaced.

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SUNY ESF Gateway Building - SUNY ESF’s $28.3 million “Gateway Building,” is the welcome point for visitors and students on campus, is complete. The building produces more heat and electricity than it consumes, and provides 65% of the campus’s heating needs and 20% of ESF’s electrical power.

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SUNY ESF Centennial Hall - The SUNY College of Environmental Science and Forestry (SUNY ESF) is building a $7 million addition to the Centennial Hall student residence. It will house 84 more students.

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Hutchings Psychiatric Center - Hutchings Psychiatric Center is in the midst of a $56 million renovation of all of the buildings on its campus. The first phase, which houses the Children and Youth Inpatient Services program is complete. The second phase will be complete in November, 2014 and will house 50 adult inpatients. The $22 million third phase is now being designed for an additional 50 adults. Construction will begin in September, 2015.

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Copper Beech Commons - New investment is evident at Copper Beech Commons located on the site of the former Genesee Street Armory. Entrepreneur Norm Swanson of the Woodbine Group invested $26 million in the renovation of the historic armory and the construction of a new four-story addition to house over 300 students at the new complex. The facility also features amenities such as a full-service fitness center, an indoor basketball court, a gaming room, a movie theater and more.

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Center of Excellence - The Center of Excellence in Environmental and Energy Systems was the first building on University Hill to earn LEED platinum status. The Center is the recipient of a $3 million award from the first REDC round. This funding is being used to fit out available space for new research and development labs specifically focused on the New York Energy Regional Innovation Cluster, with a total project cost of $8.7 million.

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Van Keuren Square - Housing Visions Unlimited partnered with the Veterans Administration Medical Center, to create an $8.1 million, 50-unit apartment complex for homeless veterans, Van Keuren Square. The project was dedicated in May of 2014.

Rosewood Heights - University Hill housing developer, Bill Reckmeyer of 614 S. Crouse Avenue LLC has plans to convert the former nursing home into 94 market-rate apartments, a 1,200-square-foot restaurant, and offices for building management. Construction on the $6 million project is slated to begin in 2015.

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St. Joseph’s Primary Care Center - Nojaim’s Grocery Store and St. Joseph’s Hospital Health Center created the country’s first combined grocery store/health clinic by building a $4.9 million clinic at 321 Gifford St. The clinic, known as St. Joseph’s Primary Care Center., works to bring together nutrition and health education in an effort to show community members the correlation between food selections and health. The clinic also provides neighborhood health services.

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CASE Complex - The CASE Complex is a $22 million renovation of a formerly vacant 220,000-square-foot warehouse space. The complex was converted into an urban plaza that has become the new headquarters for ProLiteracy as well as WCNY, the public television and radio broadcasting station. WCNY also built an education center and a neighborhood cafe within its space.

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Near Westside

C.G. Meaker Food Co. - An investment of $5.3 million is planned for the 53,000-square-foot facility at 538 Erie Blvd. West. The building, listed on the National Register of Historic Places, was built in 1930 for the C.G. Meaker Food Co. The development group plans to undertake a complete interior renovation as well as repairs and cleaning of the exterior for 33 residential apartments and commerical space. Monthly rents for the apartments will range from $1,100 to $2,000.

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Bankers Healthcare Group - Since overhauling a former sheet metal factory into its new headquarters, Bankers Healthcare Group is ready to begin the second renovation project of its $2.4 million budget at its new Franklin Square location. The company, which makes loans to healthcare providers, plans to demolish the old Dry Dock Grill restaurant and build a one-story office building. Bankers Healthcare employs 47 people but plans to add 30-50 new jobs once renovations are complete.

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Destiny USA - The 1.3 million square-foot expansion that doubled the size of Destiny USA, formerly called the Carousel Center, is open. The $540 million addition brings about 100 new brands to Syracuse, including retail stores, entertainment establishments and restaurants. Some of the headliners include Michael Kors, Saks Off 5th, Toby Keith’s I Love this Bar & Grill, The Melting Pot, Cheesecake Factory and Pole Position Raceway.

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Lakefront

Rapid Response - Since its founding in 1992, Rapid Response Monitoring Services, Inc. has grown into a notable leader in the wholesale central station monitoring field. The company serves close to 1 million customers through more than 1,500 alarm companies in all 50 U.S. States, Bermuda and Puerto Rico. The Rapid Response headquarters in Syracuse is undergoing a $11.3 million renovation and expansion project, from 40,000 to 75,000 square feet, to accomodate more jobs as the company continues to grow.

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Northland Communications - The telecommunications company relocated all 105 of its Syracuse employees to a new office in Franklin Square. The renovated fifth floor of the Dupli Building offers 8,300 square feet of office space for Northland Communications, which does business in local and long-distance plans, high-speed Internet services, and managing server applications and equipment options for businesses in Central New York. CenterState CEO awarded Northland Communications the 2014 Business of the Year in the “more than 50 employees” category.

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Clinton Street Commons - A new $7 million apartment complex at 721 North Clinton is ready for tenants. Clinton Street Commons is a four-story, 75-unit building in the lakefront neighborhood, an area that is being transformed from a former industrial area to a residential and commercial area. Clinton Street Commons is within walking distance from the Syracuse Inner Harbor and Destiny USA.

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American Bag & Metal Co. - Plans by Montreal Construction Co. will transform the former American Bag & Metal, Ventre Packing , and D.R. Casey Construction buildings into a mix of office space and apartments. All three properties are on Spencer Street in the Lakefront area. Construction will begin on the American Bag & Metal building with the addition of a second floor to add four apartments. The first floor will be leased to an office tenant. This first project is expected to cost $1 million.


Northside

Northside Training and Entrepreneurship Center - Onondaga Community College (OCC), together with St. Joseph’s Hospital, Northside UP, CenterState CEO and other community partners, will increase accessibility of its non-credit training and education services to the residents of Syracuse by expanding and relocating programs to a prominent corner in Syracuse’s Northside. NTEC will offer workforce training, business planning and development services.

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SUNY ESF & OCC Water Research Center - The State University College of Environmental Science and Forestry received a $15 million state grant to build science labs and classrooms along Onondaga Lake’s Inner Harbor. The college is partnering with Onondaga Community College to create the SUNY Water Research and Eductation Center. The funds were secured from phase 3 of the New York SUNY 2020 Challenge Grant program.

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St. Joseph’s Hospital Health Center - St. Joseph’s Hospital Health Center’s $140 million final and largest expansion includes a six-story building that houses 110 private rooms, a surgical suite with 14 operating rooms, intensive care units, and other facilities. Since the expansion project began in 2005, St. Joe’s has built a new parking garage, a medical office building, a new lobby, and new emergency departments. The total cost of the expansion/renovation was $265 million.

Easy Washing Machine Co. - Developer Mark Congel plans to turn a century old building into apartments near the Inner Harbor. The former Easy Washing Machine Co. factory at 800 N. Clinton St. will be converted to market-rate apartments, with some ground floor retail and commercial space. The estimated $6 million project will create 60 residential units of 750 to 1,000 square feet each that lease for $800 to $1,200.

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National Biscuit Co. - A development group plans to turn an underused industrial building at 706 N. Clinton St. near the Inner Harbor into office space. The $8.1 million project will create office space for two tenants - Raphael Sports Medicine and Bailey, Haskell & Lalond, which plans to relocate 100 employees from North Syracuse and create an additional 50 positions over five years.

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Inner Harbor - A total of 34 acres are ready for development along the west bank of the Syracuse Inner Harbor: 28 acres for private development and 6 acres for public use. COR Development Company plans to build mixed-use development on site, including three apartment buildings, some retail space, office buildings and two hotels. Construction is underway on a 150-room Aloft hotel. A 123-room Elemen Hotel is slated for completion in 2018. The project is set at $350 million to be completed in 5-7 years.

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North Salina Street Revitalization Program - In conjunction with matching funds from the New York Main Street Program, more than $400,000 has been invested in the rehabilitation of historic mixed-use properties along the North Salina Street corridor.

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Salina Crossings - A project by Housing Visions Unlimited, Salina Crossings received $5.1 million in state funding and includes the renovation of 212 Ash Street and the redevelopment of the former Otisca building site. Located on the corner of McBride and Butternut streets, the new mixed-use building will house nearly 5,000 square feet of commercial and 20 residential units.

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Prospect Place - A $2 million redevelopment project at 618-20 North Townsend Street will create a mixed-use facility to house food service, retail space and apartments across from St. Joseph’s Hospital Health Center.

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Prospect Park - The 400 and 500 blocks of Prospect Avenue will be transformed into a linear park and pedestrian corridor, linking St. Joseph’s Hospital Health Center to North Salina Street businesses. The total cost is expected to be $1.5 million.

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Butternut Commons - Located on the corner of North Townsend and Butternut streets, the $7.85 million mixed use project will contain a drug store, several commercial storefronts, 24 apartments and four townhomes.

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Flats on North Salina Phase II - A $2.5 million mixed use property with 24 residential units and ground floor commercial space will be developed on the corner of Butternut Street and Prospect Avenue adjacent to the St. Joseph’s Hospital Health Center campus.

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Flats on North State - This long vacant building is being renovated to include 14 residential and 2 commercial units.

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Connective Corridor

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downtown syracuse development overview

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