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Major Redevelopment Planned for Parkside Commons in Syracuse

Rendering of the new Parkside Commons redevelopment with modern apartments and green spaces.

News Summary

Syracuse is set for a transformative redevelopment of the Parkside Commons housing complex, aimed at enhancing living conditions with the construction of nearly 200 new affordable apartments, renovations of existing units, and the demolition of distressed buildings. Led by Parkside Commons Ventures LLC, the initiative addresses crime, poverty, and housing quality on the East Side, receiving cautious support from city and state officials as it moves through planning stages and seeks funding.

Major Redevelopment Planned for Parkside Commons in Syracuse

Syracuse is preparing for a significant transformation of the Parkside Commons housing complex, a project aimed at revitalizing a long-standing area marked by economic and social challenges. The redevelopment plan includes constructing nearly 200 new affordable apartments, renovating existing units, and demolishing distressed buildings.

Details of the Proposed Project

The initiative, led by Parkside Commons Ventures LLC, a partnership between affordable housing companies from Brooklyn and Baltimore, seeks to address issues related to crime, poverty, and housing quality on the East Side of Syracuse. Currently, the complex comprises 10 buildings with over 900 residents, many of whom are families with children receiving rent subsidies.

The planned project involves multiple phases:

  • Construction of a new five-story mixed-use building with 143 units at the corner of Fayette and Westmoreland Streets.
  • Development of a four-story building with 50 units nearby.
  • Renovation of 200 existing units across the campus, which will include upgrades such as security improvements, new roofs, modern interior finishes, and improvements to plumbing and mechanical systems.
  • Demolition of four severely deteriorated buildings, which have been identified as high-crime areas, and replacing them with new housing options aimed at improving community safety.

Support and Funding

The project is in its early planning stages, requiring significant funding from government sources and regulatory approvals. Developers anticipate securing necessary financing by spring 2025, with construction expected to begin in the first half of 2026. Discussions are ongoing to acquire land parcels from the Greater Syracuse Land Bank and other property owners to facilitate the development of new buildings.

The initiative has received cautious backing from city officials and state authorities. City Commissioner of Neighborhood and Business Development has expressed guarded optimism about the project’s potential to improve community conditions. State officials are supportive and anticipate potential funding approval around mid-2026.

Community Impact and Safety Improvements

The redevelopment aims to tackle longstanding issues of crime and safety within the complex. Recent incidents have included violent deaths and a significant drug bust, highlighting the urgent need for revitalization. The project plans to enhance security through upgrades and increased presence of community-oriented services.

Additionally, the plan intends to diversify the resident demographic by providing both market-rate and workforce housing. This mixed approach aims to create a more balanced community environment and improve the overall quality of life for residents.

Public and Regulatory Processes

A site plan approval application will be reviewed by the City Planning Commission on October 20. If approved, the project’s phased development could significantly improve the physical condition of the complex and neighborhood safety over time.

Background and Broader Context

The Parkside Commons project is part of a broader effort by local and state authorities to address the concentrated areas of poverty and urban decay on Syracuse’s East Side. The redevelopment seeks not only to improve housing conditions but also to foster community stability and safety through targeted investments and strategic planning.

Purchased a year ago for $26 million, the property has been the focus of long-term enhancement plans aimed at transforming the troubled campus into a vibrant, safer community. The success of this initiative could serve as a model for similar redevelopment efforts across Syracuse and similar urban environments.

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