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

Other New York Projects

The Boricua College project is the new construction of a 120,000 sq. ft. academic and administrative building for Boricua College in the Bronx.
This multi-phase project transformed the long vacant building into a new headquarters for a nonprofit mental health counseling organization specializing in mental health support and drug dependency counseling, as well
NMTC project provides 150,000 square feet for the KIPP NYC network of public charter schools located across The Bronx, Brooklyn, and Manhattan.
A new, $48 million, 50,000-sq. ft. youth recreation and academic support center in Central Harlem, Manhattan, one of the most underserved urban neighborhoods in the country.