Development in and Around Syracuse Discussion | Page 185 | Syracusefan.com

Development in and Around Syracuse Discussion

Stunning restoration (also love the work at Hotel Syracuse). Brings back good memories (graduation)!
Pretty sure that is where I saw the black and white, silent film, 'Napoleon' back in the late 70s, with the Syracuse symphony orchestra playing the entire 3.5 hours. One of the best cultural events I ever attended.
 
This is true... One thing about the Dewitt area is the planning board and individuals there do not do anything unless they got a plan, and the usually do it with $$$ behind them. AND THE $$$ UP FRONT.

You know that Chick-fil-A that just opened...

The Town of Dewitt wouldn't approve the plans unless the developer paid to widen Bridge St and install the new traffic light upfront.
 
You know that Chick-fil-A that just opened...

The Town of Dewitt wouldn't approve the plans unless the developer paid to widen Bridge St and install the new traffic light upfront.
Yup, I use to do computer work in the area back in the early 2000's and knew alot of the players then... It is still true to this day. Thanks for correcting my post not the $$ behind but the $$$ upfront HA!
 
Yeah I don’t know when people will start believing. Micron presented plans for on site rail yard last week. That approval will be a huge step, will allow trains to bring in the insane amount of commercial grade fill needed for the site.
It’s not necessarily believing. It’s people on both ends of the horseshoe rooting for it to fail.
 
The 315 mindset...hopefully it'll change
I agree there is always lingering skepticism locally but can you really blame them? NYS doesn't have the best track record of government aided economic development. Tesla in Buffalo, Plug Power in Rochester, Soraa / NexGen /On-semi, the movie hub have all underperformed while being funded by the taxpayers. Then add the list of companies that left due to overtaxing /regulation/globalization over the decades and you can see why many view potential projects with a grain of salt. I'm hopefull on the Micron project as this wasn't a build it and they will come concept like some of the others but the continuing delays aren't winning the public's trust.
 
I agree there is always lingering skepticism locally but can you really blame them? NYS doesn't have the best track record of government aided economic development. Tesla in Buffalo, Plug Power in Rochester, Soraa / NexGen /On-semi, the movie hub have all underperformed while being funded by the taxpayers. Then add the list of companies that left due to overtaxing /regulation/globalization over the decades and you can see why many view potential projects with a grain of salt. I'm hopefull on the Micron project as this wasn't a build it and they will come concept like some of the others but the continuing delays aren't winning the public's trust.

Weren't all of the projects that you listed funded by New York State money? The Micron project is a totally different beast with very little comparison to those projects.
 
Can someone explain to me the value of these cities (Columbus OH for example) that are building all these data warehouses? Few jobs after construction with tons of water and power use. I'm not smart enough to understand the long term play.
 
I agree there is always lingering skepticism locally but can you really blame them? NYS doesn't have the best track record of government aided economic development. Tesla in Buffalo, Plug Power in Rochester, Soraa / NexGen /On-semi, the movie hub have all underperformed while being funded by the taxpayers. Then add the list of companies that left due to overtaxing /regulation/globalization over the decades and you can see why many view potential projects with a grain of salt. I'm hopefull on the Micron project as this wasn't a build it and they will come concept like some of the others but the continuing delays aren't winning the public's trust.
Micron is far from the only chips act project that has had delays. I’ve worked long enough in corporate America to know that a project this large rarely starts or ends on time. This isn’t building a bridge. I don’t think the general public understands what goes into building something like this. Shovels don’t go in the ground immediately. With that being said there’s already been a ton of progress getting this off the ground without a shovel going into the ground which will happen likely in December.

With that said there’s already been a lot of tech companies that have either moved here or expanded in the past few years without the same coverage Micron has received. Onsemi, TTM, and Bluefors are 3 specific companies that come to mind.
 
Micron is far from the only chips act project that has had delays. I’ve worked long enough in corporate America to know that a project this large rarely starts or ends on time. This isn’t building a bridge. I don’t think the general public understands what goes into building something like this. Shovels don’t go in the ground immediately. With that being said there’s already been a ton of progress getting this off the ground without a shovel going into the ground which will happen likely in December.

With that said there’s already been a lot of tech companies that have either moved here or expanded in the past few years without the same coverage Micron has received. Onsemi, TTM, and Bluefors are 3 specific companies that come to mind.

Yup, TTM is putting the finishing touches on their new facility in Dewitt right now. $140M facility that is projected to add 400 jobs. Short drive down 481 (soon to be 81) from the Micron facility site.

 
Weren't all of the projects that you listed funded by New York State money? The Micron project is a totally different beast with very little comparison to those projects.
Correct. That's the distinction I tried to make with my last sentence. The Micron project is a want / need by Micron vs NYS build it and they will come but it also being heavily subsidized by both Federal and State dollars. I was just trying to put some context on the lack of trust in NY for large projects that are tied to Government incentives.
 
Can someone explain to me the value of these cities (Columbus OH for example) that are building all these data warehouses? Few jobs after construction with tons of water and power use. I'm not smart enough to understand the long term play.

Good question. I mean, the benefits to the construction industry are obvious, but beyond that it seems as though municipalities (through tax revenue) and utility companies are the other big winners. Sure, they create some permanent jobs too, I suppose, but yeah, doesn't seem like a huge net benefit to the common man that lives in these areas.
 
Good question. I mean, the benefits to the construction industry are obvious, but beyond that it seems as though municipalities (through tax revenue) and utility companies are the other big winners. Sure, they create some permanent jobs too, I suppose, but yeah, doesn't seem like a huge net benefit to the common man that lives in these areas.
It's likely a net negative for common people. Data centers coupled with the postponement or cancellation of energy projects have started to drive electricity prices higher and that will only continue.
 

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