Tagged: Inner Harbor

4:29pm

Tue December 4, 2012
Business

Money from Destiny USA could be used for Inner Harbor upgrades

Credit scottwdw / via Flickr
Syracuse's Inner Harbor.

Some of the money collected through the tax break agreement between the Destiny USA mega-mall and Syracuse will be used to try and win federal funding for Inner Harbor improvements. The Syracuse Industrial Development Agency (SIDA) has approved the use of $500,000 from Destiny payments to be part of a match for a federal grant the city is applying for.

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4:00pm

Wed November 21, 2012
Regional Coverage

Senator wants federal money for Syracuse development

Credit Ellen Abbott / WRVO

Senator Charles Schumer is hoping some federal dollars will help keep the Inner Harbor development project in Syracuse moving ahead.  He's personally requesting that the federal Economic Development Administration approve a $2 million grant for the project.

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2:01pm

Mon September 17, 2012
Environment

Gillibrand pushes cleanup program for post-industrial waterfronts

Sen. Kirsten Gillibrand did one of her bill-promoting swings through upstate New York on Friday. This one was for money to help cities redevelopment their once industrial waterfronts. The Democratic senator stopped in Buffalo, Rochester and Syracuse to promote the Waterfront Brownfields Redevelopment Act.

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7:10am

Fri July 6, 2012
The Upstate Economy

Did Destiny USA ruin it for other developers in Syracuse?

There's an old promotional video the developer behind the Destiny USA megamall released several years ago. It includes images of glass-enclosed golf courses, huge hotels and helicopter tours of upstate taking off from Syracuse's Inner Harbor.

Despite ending by promising "grand opening, summer 2004," you won't see any of that on the shores of Onondaga Lake today.

All you'll see is an even bigger mall - despite developer Robert Congel winning a 30-year property tax break worth about $600 million as an incentive from the city to build the Disney Land-like attraction.

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8:54am

Tue June 19, 2012
Regional Coverage

Syracuse cautiously approves Inner Harbor plans

For COR Development President Steve Aiello, Monday's vote by the Syracuse Common Council was a long time coming.

Aiello's firm was selected earlier this year to redevelop the city's Inner Harbor. Then it was granted a memorandum of understanding from the council in February.

But it wasn't until yesterday that the council officially voted in favor of Aiello's $350 million proposal.

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10:16am

Thu June 14, 2012
Development

After Destiny USA debacle, Inner Harbor plans face a wary council

(CORRECTION June 18th, 2 p.m.: The original version of this story incorrectly stated the estimated cost of environmental cleanup. That amount is roughly $12 million.)

The topic was the redevelopment of Syracuse's Inner Harbor, but it didn't take long for a councilor to bring up the elephant in the chamber: the failed expansion of Destiny USA.

But Steven Aiello, president of COR Development, didn't have much choice on the timing of his meeting with the Syracuse Common Council.

It was just last week that grand plans by the developer of Destiny USA were finally laid to rest.

Aiello isn't looking to build a mall, but councilors couldn't help but raise concerns. The proposed project is just down the road from what was once going to be Syracuse's Disney World.

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4:45pm

Wed February 1, 2012
The Upstate Economy

Developer unveils big plans for Syracuse's Inner Harbor

New York’s Canal Corporation was 0 for 3 in its efforts to find someone interested in redeveloping Syracuse’s Inner Harbor.

Their last request for proposals, a few years back, garnered zero submissions.

But now, the City of Syracuse is in charge, after stepping up and asking to be put in charge of the project. And today the city made public its ambitious new plan to redevelop the harbor.

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