More businesses and apartments coming to downtown Syracuse in 2017

Ten new businesses are slated to open in the next four months

SYRACUSE (WSYR-TV) - If you've been to downtown Syracuse lately you're no stranger to all the developments happening little by little which include 18 new businesses in 2016.

“We call ourselves a bake lab and kitchen,” explained Jennifer Walls, co-owner of The Sweet Praxis which opened in November. “We're constantly experimenting with new flavors new concepts.”

Walls and her partner Natalie Hansen opened the store on S. Water Street in Hanover Square in after noticing exciting growth happening in the city.

“We've noticed a dramatic change,” said the business owner. “One of the reasons we were excited to be apart of the downtown fabric is because of that vibrancy.”

According to the Downtown Committee, 10 more new businesses are slated to open in the next four months which include the Irish pub opening inside the Marriott Syracuse Downtown and The Fish Friar opening inside the Courier Building on E. Washington Street.

Believe in Syracuse Executive Director John DeSantis says a $500 million investment in downtown over the past five years is behind the expansion.

“It's a really exciting time for downtown and helps power the economy for all of Central New York,” said DeSantis.

With the occupancy rate in downtown Syracuse is 99 percent full, 200 apartments are currently under construction and expected to bring in 460 more residents into the city next year. 

Some of the new units include 27 apartments at Harold Commons located on 220 Harold Place which should be ready in January and 89 units inside the Icon town at 344 S. Warren Street.

“We're growing as a community and all kind of pulling for each other,” said Walls. “That's the exact type of energy we're trying to put out there.”

More Stories

Don't Miss

Latest News