Utica Steam Cotton Factory Historic Mixed-use Redevelopment Project

The former Utica Steam Cotton Factory building has been sitting vacant as warehouse space - which in turn has turned this structure in to a blighted property. Our plan is to transform this deteriorating historic building into mixed-use facility that retains the historic character. The conversion to mixed-use, will bring residential units to the neighborhood as well as commercial and retail space to expand the economic impact of the new hospital. Commercial Office Space -- approximately 25,000 sf Commercial Technology and Storage Space -- approximately 16,000 sf Retail Space -- approximately 1,500 sf Residential Space -- approximately 27,000 sfSituated across the street from the new Utica hospital. Adaptive re-use of this historic building will help maximize the economic impact and job-creation potential of the new hospital project The use of Federal historic rehabilitation tax credits ;bring Federal money into the redevelopment of the neighborhood.
Program Name:
Empire State Development Grant Funds
Agency ID:
ESD
Applicant Name:
GSCB LLC
Region:
Mohawk Valley
CFA Number:
83968
Round Number:
8
Round Key:
8
CFA Award Amount:
$750,000
Grant Money Disbursed to Date:
$0

Project Status:
GREEN
Anticipated Completion Date:
Contract Executed:
 
PROJECT STATUSES
Blue - Complete Green - On Schedule Yellow - Progressing Slowly Red - Concerns Pending Orange - Contract Not Executed Black - Cancelled/Declined