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Luxury apartments planned for vacant landmark on western edge of downtown Syracuse
A group of local investors plans to purchase an empty warehouse at 538 Erie Boulevard West and convert the crumbling building into 33 units of market rate apartments and ground floor retail space. The dilapidated but architecturally appealing warehouse has been the subject of several discussions on this forum over the years. The $5.2 million project is under review by the Syracuse Industrial Development Agency (SIDA). The property is currently owned by a Brooklyn investor who purchased it from notorious Miami slumlord Eli Hadad more than a decade ago. The absentee landlord also owns several tax delinquent properties that he purchased from Hadad on East Jefferson, South Warren, and South Salina streets in downtown Syracuse. One of those properties is 499 S. Warren Street, a mostly vacant gray building with narrow windows.
The local investment group that plans to redevelop the property at 538 Erie Boulevard West includes a downtown lawyer, a contractor that recently converted a detached building on East Water Street into luxury apartments and several partners behind a new rock climbing center proposed for a bowling alley on Erie Boulevard East.
For more information, go to page 160 of today's meeting agenda of the Syracuse Industrial Development Agency: City of Syracuse
Luxury apartments planned for vacant landmark on western edge of downtown Syracuse
A group of local investors plans to purchase an empty warehouse at 538 Erie Boulevard West and convert the crumbling building into 33 units of market rate apartments and ground floor retail space. The dilapidated but architecturally appealing warehouse has been the subject of several discussions on this forum over the years. The $5.2 million project is under review by the Syracuse Industrial Development Agency (SIDA). The property is currently owned by a Brooklyn investor who purchased it from notorious Miami slumlord Eli Hadad more than a decade ago. The absentee landlord also owns several tax delinquent properties that he purchased from Hadad on East Jefferson, South Warren, and South Salina streets in downtown Syracuse. One of those properties is 499 S. Warren Street, a mostly vacant gray building with narrow windows.
The local investment group that plans to redevelop the property at 538 Erie Boulevard West includes a downtown lawyer, a contractor that recently converted a detached building on East Water Street into luxury apartments and several partners behind a new rock climbing center proposed for a bowling alley on Erie Boulevard East.
For more information, go to page 160 of today's meeting agenda of the Syracuse Industrial Development Agency: City of Syracuse
Finally! That is one of the other buildings in that corridor that I've always thought should be converted into apartments. Now, if they could get that big red brick building, you may see some more or serious gentrification in the portion of Park Ave between Downtown and Geddes Street. I know that there were some doubts about this portfolio design for the building, but it is nice to see it come to fruition. Open Atelier Architects :: 538 Erie Blvd
Finally! That is one of the other buildings in that corridor that I've always thought should be converted into apartments. Now, if they could get that big red brick building, you may see some more or serious gentrification in the portion of Park Ave between Downtown and Geddes Street. I know that there were some doubts about this portfolio design for the building, but it is nice to see it come to fruition. Open Atelier Architects :: 538 Erie Blvd
I drove by the big red building last month and it looked like someone recently painted it. I would like to see a wall of large windows added to the side of the building facing downtown. The design of the SU warehouse could serve as a good starting point.
I drove by the big red building last month and it looked like someone recently painted it. I would like to see a wall of large windows added to the side of the building facing downtown. The design of the SU warehouse could serve as a good starting point.
Yes, please! lol
That building could be put to good use and I think it could be revamped, but I wonder if there are limitations that hold it back.
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