Governor Andrew Cuomo has announced the development of a new mixed-use apartment community with office and amenity-oriented space at Griffiss Business and Technology Park in Rome, Oneida County.
Bonacio Construction will purchase 4.2 acres of land on State Route 825 for phase one that will include two, four-story mixed-use buildings with street-level commercial space and 84 units of upper-level, market-rate apartments.
The project is estimated to cost $20 million.
Construction is set to commence this fall with substantial completion expected in one year. New York State recently completed construction along the stretch of state Route 825 that fronts this development site. Last year, the Griffiss Park Landowners Association installed new sculptures in the two roundabouts along the State Route 825 corridor.
The project will provide quality apartments and lifestyle amenities to employees located at Griffiss Business and Technology Park and the City of Rome, according to a statement from the governor’s office.
