Syracuse (WSYR-TV) -- After years of failed attempts and missed opportunities, it looks like Syracuse's Inner Harbor is finally on the road to development.
Just a few months after the city signed off on a deal with COR Development to makeover the Inner Harbor, the first phase is nearly complete.
What was once an old landfill-looking area has now been totally cleaned out. Crews have been busy hauling away truckload after truckload of contaminated soil. It’s turned out to be significantly cheaper and faster to do than originally thought.
In all, 28 acres are planned for private development, everything from residential to commercial, possibly an OCC satellite campus and even a hotel.
“It’s really just a matter of when tenants are lined up, when financing is lined up to determine which phases start first, but again, given what we’re seeing here I think it’s likely we’ll see some development at least on the Westside of the Harbor happen pretty quickly,” explained Ben Walsh, City of Syracuse Deputy Commissioner of Neighborhood and Business Development.
Walsh says they’re looking at a five to seven year development cycle.
Despite all the development, the city has reserved several acres of the Inner Harbor that will be accessible to the public.