Downtown Syracuse Continues to Thrive Downtown Syracuse Continues to Thrive

By D’Andre Henderson SYRACUSE, N.Y. (NCC News) – The Downtown Committee of Syracuse shared their outlook for the next three months for the downtown area.

The non-profits Director of Communications Alice Maggiore spoke candidly at their office on Wednesday morning for a few minutes.

Maggiore predicts that downtown Syracuse will continue to thrive well into the fall months, thanks to investments that the area currently has underway and announced.

Maggiore says there is 230 million dollars of investment activity planned throughout the 2019 fiscal year. Goals…strengthening cornerstone businesses while offering new amenities to residents and bordering neighbors to enjoy.

“The Salt City Market which the ground breaking is expected to happen any day now at the intersection at Onondaga, Salina, and Clinton Street.” Maggiore said.

The committee executive says that downtown’s residential growth is increasing exponentially with no signs of letting up.

“The population of the residents that live in downtown Syracuse has grown by 70 percent.”

Maggiore says by just taking a glance outside you’ll be able see the life that surges downtown and everything that makes it attractive for all milestones in life.

“Empty nesters, who are looking to downsize maybe the kids grew up, moved out the house so they want to get out of their responsibilities such as mowing the lawn, so they would move downtown as well.”

Maggiore highlights the diversity the downtown area has simply by shining light on their culinary arts.

Maggiore also explains how the non-profit gets funding.

“We are funded through, it’s not a tax, but a special assessment fee that building owners, that own property downtown pays the city of Syracuse.”

The committee says downtown sees an average of 20 new businesses opening their doors for customers each calendar year, which assures them that downtown Syracuse is steadily climbing upward.