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Micron is Coming and So Is More Housing In Syracuse Micron is Coming and Also More Housing

Expect an increase in housing being built in the CNY region

By Gabriel Carr-Johnson

Gabriel Carr-Johnson: WE HAVE ALL HEARD OF MICRON COMING TO SYRACUSE BUT WHAT EFFECTS DOES THAT HAVE ON THE HOUSING MARKET WITH OVER 40,000 JOBS POTENTIALLY COMING HERE. DIRECTOR OF LEASING AT ACROPOLIS REALTY GROUP TREY WEST SAYS THE JOBS WILL CAUSE AN INCREASE ALL OVER THE CENTRAL NEW YORK REGION.

Trey West: Probably the surrounded clay area all the way over into Liverpool, B-ville, North Syracuse, anywhere close Brewerton so I think we’re going to see significant growth on the north side the whole city of Syracuse too.

Carr-Johnson: PRICE OF HOUSING MAY CAUSE PEOPLE TO PANICK WITH SUCH A BIG CORPORATION COMING IN BUT WEST ASSURES THAT THE PEOPLE HAVE NOTHING TO WORRY ABOUT.

West: But as time goes on and we adjust and we build more for more people I don’t know that its going to be an extreme spike but it will affect it positively.

Carr-Johnson: IF YOU ARE LOOKING TO SELL YOUR HOME ANYTIME SOON DUE TO THE HOUSING MARKET YOU MIGHT WANT TO RECONSIDER SAYS ASSOCIATE BROKER OF ACROPOLIS REALTY GROUP SARAH PELLIGRINI.

Sarah Pelligrini: So people that are considering leaving or downsizing they’re probably going to maximize on the profit of their home for alot longer than maybe the rest of the country might just because we have this influx of jobs

Carr-Johnson: WITH MICRON COMING TO TOWN 40,000 JOBS ARE EXPECTED TO BE HERE IN SYRACUSE, EXPECT A LOT MORE CONSTRUCTION TO BE HERE JUST LIKE THE ONE BEHIND ME. IN SYRACUSE GABE CARR JOHNSON NCC NEWS

SYRACUSE, N.Y. (NCC News) – The Micron Technology Chip Plant is making its way to Central New York.  Along with the plant coming, that means jobs as well. with the addition of jobs comes more housing for those employees, 40,000 to be exact.

“In a little over 20 years it could double the population possibly,” said Trey West, Director of leasing at Acropolis Realty Group  in Syracuse.

Housing has been a big concern for the people of Syracuse, some say that there aren’t even enough housing for people that live here. With Micron coming to town people can expect the construction sites all over to accommodate for this.

Surprisingly there will not be an increase in housing around the Central New York region.So there wont be any worry for residents about the price of their housing to go up.

All of the surrounding areas around Syracuse will see an increase of people and jobs available to them. Especially the North Syracuse  and Clay area where the plant will be located.

“There’s a lot of development going on Downtown right now.” said associate broker Sarah Pelligrini.

Most of the construction that has been going on Downtown has been with more housing for people who want that Metropolitan feel of living. With the renovation of some of the older worn down buildings happening, this is set to bring more life back to the heart of Syracuse.

“It is going to affect local businesses, retail, everything.” West said.

Micron is going to have a lasting impact on the Central New York region for years to come as they break ground in 2024 with the building of the plant, expect the construction for housing to be here before then.

 

 

 

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