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Ithaca, NY (2012)

Seneca Way

An infill project that includes the demolition of a vacant manufacturing facility in downtown Ithaca and the new construction of a mixed-use building on the site

Investment

  • NMTC Amount: $9,600,000
  • Total Project Cost: $12,028,644

IMPACT

  • 60 FTE jobs
  • 26 construction jobs
  • 54,000 sq. ft. of real estate

Investor

Project Description

Mixed-use retail and residential: Seneca Way is an infill project that includes the demolition of a vacant manufacturing facility in downtown Ithaca and the new construction of a mixed-use building on the site.

The five story 54,000 sq. ft. new building will contain 8,600 sq. ft. of commercial space on the first floor and 39 market-rate one and two bedroom apartments on the top floors, over a parking garage. This project exemplifies what is advocated by the downtown Ithaca Strategic plan, to create housing and office space in a downtown environment, promoting urban infill and densification as a viable competitive alternate to urban sprawl.

MAP

Address: 140 Southeast neca Way, Ithaca, NY 14850

Census Tract: 36109000100

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