Construction starts on $96m housing and urban renewal project in New York

WCN Editorial Team 27 Sep 2021 NORTH AMERICA BUILDINGS

New York Governor Kathy Hochul has announced the commencement of construction on a $96m affordable housing and urban renewal project in downtown Ithaca, New York, the US.

The project, named Asteri Ithaca, includes three parts: construction of affordable housing development, a 55,000ft2 conference centre, as well as renovation and construction of the Green Street Parking Garage.

The $62m residential portion will built on the western part of the Green Street Parking Garage, which will be demolished as part of the urban renewal project.

It will include 181 all-electric, affordable and supportive apartments, of which 40 homes will be reserved for people in need of supportive services.

The affordable apartments and conference centre will be on the same 12-storey building.

The residential portion will feature 78 studio, 87 one-bedroom, eight two-bedroom, and eight three-bedroom apartments.

The development will include outdoor space, fitness centre, community room, sky terrace on the 12th-floor, laundry room on every floor, and indoor bike storage space on the ground floor.

The Green Street Parking Garage’s eastern portion will be renovated and expanded to feature 350 parking spaces that will be available for building residents to lease.

The development is located in close proximity to Six-Mile Creek Trail, DeWitt Park, and Cascadilla Gorge Trail.

New York State Office of Temporary and Disability Assistance (OTDA) commissioner Mike Hein said: “Homelessness and housing insecurity are often rooted in underlying issues that are left unaddressed.

“Asteri Ithaca will couple affordable housing with the supportive services that tenants can rely on to confront those issues that previously contributed to their housing insecurity.

“Under Governor Hochul's leadership, our state continues to make headway toward ensuring all New Yorkers have access to safe, affordable housing and the services they can rely on to live in independent settings.”

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The project includes construction of affordable housing development, conference centre, and renovation of Green Street Parking Garage. Credit: Hands off my tags! Michael Gaida from Pixabay.

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