Random odds and ends. First off are the Lehigh Valley House condos, which will take the century-old Lehigh Valley House and renovate it into ground-floor commercial space and six condominium units on the upper floors. The project is being developed by Tim Ciaschi; the Ciaschi family has a long history of work in Ithaca. I note that my photo is a few days before IB’s latest update, given the progress of the siding installation.
A couple blocks away on 13 is Magnolia House, a $2.7 million project that provides a 14-person shelter for homeless women. It took a while to open, but it looks like that it’s occupied, if the furniture in the second photo is any clue. I liked this better when the copper was fresh.
Here’s a project that’s flown under the radar. Downtown at 144 the Commons (Mockingbird Paperie/Ithacards building), local developer Jim Merod is building seven apartments into renovated space on the second and third floors, three each on the second and third floors and a new penthouse suite in an expansion of the top floor. This one will probably be available for renting by late fall.
I figured I could use a couple photos of the completed Breckenridge Place. The affordable housing project by INHS brings 50 units of moderate-income units to downtown, and as Jason has covered, the lack of affordable housing in Ithaca is a major, major issue. Recently, there’s been some drama with the Old Library site since the projects have been more focused on apartments rather than condos. Condos would be nice, but from the county’s perspective, there’s a problem – condos require someone to have considerably greater financial assets than an apartment; you buy a condo, you rent an apartment. This pushes a project out of the affordable range, and the DPI proposal has already said it’s geared towards middle-to-high end incomes. I’m sure a project like that would be financially profitable (see the Danter study for evidence), but that’s not the point. If the county gets to choose the developer, and is seeking affordable housing as a way to provide the greatest community benefit with its assets, why would they choose a project that benefits only the wealthier portions of the community? I realize I might be stepping into s–t on this one, but this has been nagging me for a while. Condos are a great idea, but these are the wrong circumstances.
The site of College Crossings, just south of Ithaca College. The land is cleared and some construction equipment is on site, but it’s hard to tell if this is one is actually under construction. A friend who lives nearby explained that in her perspective, “they spend all day in the bulldozer pushing dirt back and forth, but not actually doing anything”. This project has dragged for years, so I wouldn’t be surprised. The website claims two of the six retail spaces are rented and a third space is pending, and the sign on the property indicated a Subway and Dunkin’ Donuts were future tenants. The upper floor will have two apartments with four and five bedrooms respectively.