Salt City Market Mixed-use (2020)

Syracuse, NY

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NMTC Amount: $18,010,000

Est. Total Project Cost: $18,010,000

COMMUNITY IMPACT

New 78,000 square foot mixed-use development that transforms a vacant lot, located at the intersection of 3 impoverished neighborhoods, into a mixed-use, multicultural, community hub. It features a 24,000 square foot public market with 10 food stalls and grocery store on the first floor, 9,600 square feet of not-for-profit office space on the second floor, and a total of 26 mixed-income apartments on the upper 2 floors with a tenant mix of approximately 31% low-income housing (under 80% AMI), 38% market rate and 31% workforce housing (80-120% AMI).

Project Map