WCNY Broadcasting and Education Center

New Markets Tax Credit Coalition

Syracuse,
NY
(2011)

WCNY Broadcasting and Education Center

Community, Daycare and Early Childhood, Youth and Families

The renovation of 28,000 sq. ft. of existing space and the construction of 27,000 sq. ft. of new space, designed to meet LEED Gold standards.

Investment

NMTC Amount: $20,428,080
Total Project Cost: $20,500,000

IMPACT

15 FTE jobs
300 construction jobs
28,000 sq. ft. of real estate

CDEs

Enhanced Capital, Grow America

Investor

Chase

Project Description

Located on the site of a former warehouse complex, the project involves the renovation of 28,000 sq. ft. of existing space and the construction of 27,000 sq. ft. of new space, designed to meet LEED Gold standards. The building is located in Syracuse’s economically-distressed Near West Side, a neighborhood that has endured extensive disinvestment over the last 50 years. The site is in a Federal Empowerment Zone and a qualified low-income census tract that meets deeper distress criteria. The new Center houses WCNY, the regional public broadcasting affiliate in Central New York State and the City of Syracuse.

MAP

Address: 109 Wyoming Street, Syracuse, NY 13204

Census Tract: 36067003000

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