Development in and Around Syracuse Discussion

[OttoMets]

After reading the "factories are closed, woe is me" posts for so many years, I'm curious: what new jobs have come to the downtown area to fill all of the new apartments?

Mostly start-ups and professional service firms. Rent is still relatively low, though downtown isn't as competitive with suburban office parks for companies who want free parking for employees (this includes most insurance companies that make up a solid chunk of the local economy).

But most residential development has been conversion of Class B and Class C office space rather than ground-up construction. This has tightened up a very soft local commercial market at least a little bit. And I would guess that half of downtown residents work elsewhere (including both faculty/staff or students at SU and Upstate) or are empty-nesters. There's a decent amount of reverse-commuting going on.

 

[shandeezy7]

Ah, thought you meant the one on the east side of Seneca. I represent another property owner on that stretch and was fishing for more details.

Not sure about the status of the big building; I know that the center section is finished and occupied, but I'm not sure about the east and west wings. As you note, it's huge (~450,000 square feet) and it can be tough to find a parking space during the week.

There's a picture framing shop on the ground floor that does mainly commercial work but accepts jobs from individual customers. Media Finishings. They do awesome work and I highly recommend them. That's all I've got.

I'm fairly certain that a large majority of the building is occupied. The city school district has a good-sized presence there through their professional development center, which I'm pretty sure is in the west wing. Oneida Air Systems' headquarters is there. Usherwood Office Technology's headquarters is there. Urban Life Crossfit is one of the ground floor tenants. I believe there are also a few non-profits and smaller businesses located there as well.

I wish that Hand Prints Irish store was still there. I loved that place. The owners retired and closed up shop a few years back, I believe.

 

[cuse10]

Mostly start-ups and professional service firms. Rent is still relatively low, though downtown isn't as competitive with suburban office parks for companies who want free parking for employees (this includes most insurance companies that make up a solid chunk of the local economy).

But most residential development has been conversion of Class B and Class C office space rather than ground-up construction. This has tightened up a very soft local commercial market at least a little bit. And I would guess that half of downtown residents work elsewhere (including both faculty/staff or students at SU and Upstate) or are empty-nesters. There's a decent amount of reverse-commuting going on.

What's relatively low? Median rent is ~$2,000 Downtown.

 

[OttoMets]

I'm fairly certain that a large majority of the building is occupied. The city school district has a good-sized presence there through their professional development center, which I'm pretty sure is in the west wing. Oneida Air Systems' headquarters is there. Usherwood Office Technology's headquarters is there. Urban Life Crossfit is one of the ground floor tenants. I believe there are also a few non-profits and smaller businesses located there as well.

I wish that Hand Prints Irish store was still there. I loved that place. The owners retired and closed up shop a few years back, I believe.

Yeah, meant to mention the school district; I've noticed a sign for their disciplinary hearing facility there in the past as well.

What's relatively low? Median rent is ~$2,000 Downtown.

I'm only thinking of commercial rents here: $14.00 to $20.00 per square foot for what passes as good Class A office space around here. Really competitive.

 

[DownTheField]

Good to see the east side of downtown getting some love too. Even though those proposed extensions on the bottom floors look hideous to me.

Former Nynex building in downtown Syracuse to get more apartments, no office space

I think the lower levels have always stuck out like that.

 

[shandeezy7]

I think the lower levels have always stuck out like that.

You're correct, they have.

I happen to think that the new design is pretty appealing. Hopefully the actual finished product is approximately close to that drawing.

 

[shandeezy7]

Interesting times we’re progressing towards in downtown. I hope they eventually find a way to safely and aesthetically connect tipp and downtown with retail/restaurants/etc.

Speaking of Tipp Hill, I think people are going to enjoy the new bar that is going into the former Rosie's space.

 

[Trueblue25]

Speaking of Tipp Hill, I think people are going to enjoy the new bar that is going into the former Rosie's space.

Oh man spill the beans, everyone’s dying for info on this

 

[sutomcat]

You're correct, they have.

I happen to think that the new design is pretty appealing. Hopefully the actual finished product is approximately close to that drawing.

Ah, this isn't the building I thought it was.

I thought it was One Park Place, which is an attractive building that would have been ruined by that ugly and weird doughnut at the base. I don't care about this building; it was ugly from day one. I don't think any amount of lipstick can save it.

But I am glad someone is trying.

 

[Newhouser]

Speaking of Tipp Hill, I think people are going to enjoy the new bar that is going into the former Rosie's space.

I heard it was a Chick-Filet

 

[shandeezy7]

Oh man spill the beans, everyone’s dying for info on this

Info should be coming out soon enough

 

[Trueblue25]

I heard it was a Chick-Filet

Wouldnt even be angry

 

[Trueblue25]

Info should be coming out soon enough

Dont do this to me!

 

[KellySyracuse]

follow up letters to this article should be interesting

Kirsten Gillibrand: Interstate 81 grid would help revitalize Syracuse

"I just don't see where the support from the tunnel comes outside of folks who want the mall (Destiny USA) to be the only destination in Syracuse for economic growth," Gillibrand said.

A state study recommending one of the options for Interstate 81 is due to be completed in January."

 

[shandeezy7]

follow up letters to this article should be interesting

Kirsten Gillibrand: Interstate 81 grid would help revitalize Syracuse

"I just don't see where the support from the tunnel comes outside of folks who want the mall (Destiny USA) to be the only destination in Syracuse for economic growth," Gillibrand said.

A state study recommending one of the options for Interstate 81 is due to be completed in January."

Was happy to see this from her today. Waiting on Senator Schumer to stop waiting on the sidelines and throw in his support.

 

[dooey139]

follow up letters to this article should be interesting

Kirsten Gillibrand: Interstate 81 grid would help revitalize Syracuse

"I just don't see where the support from the tunnel comes outside of folks who want the mall (Destiny USA) to be the only destination in Syracuse for economic growth," Gillibrand said.

A state study recommending one of the options for Interstate 81 is due to be completed in January."

That line is pretty killer, I dig it.

 

[Cheriehoop]

Check out what Rick Destito is doing, one building at a time, in the West Fayette corridor. It'll get there.

He renovated my father-in-law’s former family home, for his own family to live in. Rick is a special guy , he had the entire family over to take pictures and to see the wonderful job he did.

 

[Cheriehoop]

I'm fairly certain that a large majority of the building is occupied. The city school district has a good-sized presence there through their professional development center, which I'm pretty sure is in the west wing. Oneida Air Systems' headquarters is there. Usherwood Office Technology's headquarters is there. Urban Life Crossfit is one of the ground floor tenants. I believe there are also a few non-profits and smaller businesses located there as well.

I wish that Hand Prints Irish store was still there. I loved that place. The owners retired and closed up shop a few years back, I believe.

I worked in that building my first job after college, for Rockwell International (who bought out Porter Cable) as a cost accountant. It was a huge mfg facility that sadly was purchased by Rockwell with the intention of eliminating a competitor and buying their name brand (Porter Cable). They moved into a brand new facility in Jackson, Tennessee that totally flopped and Rockwell selling the name to Pentair within 5 years of moving it from Syracuse. I think Black and Decker now owns the Porter Cable brand. So sad.There was an employee’s bar on the top floor, with a bowling alley, pool tables etc.

 

[kirbivore]

Was happy to see this from her today. Waiting on Senator Schumer to stop waiting on the sidelines and throw in his support.

yeah right

 

[sutomcat]

He renovated my father-in-law’s family home to live in. Rick is a special guy , he had the entire family over to take pictures and to see the wonderful job he did.

This is what he did with the Gear Factory at Geddes and Fayette...

Syracuse's saddest building becomes a pop of light: The Gear Factory's promise

 

[KellySyracuse]

That line is pretty killer, I dig it.

it's remarkable to me the flip flop that DeFrancisco has done with the protecting of Destiny. Glad he's retiring

 

[shandeezy7]

Farley to Gillibrand: Don't tell Syracuse what to do with I-81

 

[OttoMets]

He renovated my father-in-law’s family home to live in. Rick is a special guy , he had the entire family over to take pictures and to see the wonderful job he did.

That's very cool to get a piece of family history restored on what had become a rough block. It's not easy, but we're lucky that there are people like Rick out there.

 

[OttoMets]

Farley to Gillibrand: Don't tell Syracuse what to do with I-81

I never would have heard of this person if it weren't for weirdos' lawn signs.

 

[CuseLegacy]