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Developers plan to put lofts in Commercial Travelers building in Utica
The City of Utica is planning to renovate the Commercial Travelers Insurance building on Genesee Street by developing a mixed-use property, with loft apartments and commercial space.
Posted: May 12, 2021 3:19 PM
Posted By: WKTV
UTICA, N.Y. – The City of Utica is planning to renovate the Commercial Travelers Insurance building on Genesee Street by developing a mixed-use property, with loft apartments and commercial space.
Utica Mayor Robert Palmieri made the announcement Wednesday.
The first floor of the building will have space for a commercial tenant, as well as a fitness center and community room.
TUPPER LAKE â The people who recently purchased the former Oval Wood Dish factory have laid out what their planned redevelopment of the building will have in store: housing up front, business in the back.
Joe Gehm and Michael Dunyk, owners of the Syracuse-based Lahinch Group, purchased the historic 110,000-square-foot factory with its iconic smokestack for $1 million two weeks ago.
They are anticipating a $30 million redevelopment of the building, turning it into blended apartments and business space.
They plan to build 92 apartments in total â two-thirds mixed-income apartments geared toward âentry-level workforce housing,â and one-third market-rate apartments geared toward wealthier renters.
Gehm anticipates the mixed-income units will be priced to be affordable for people working at the Sunmount state facility for people with developmental disabilities, the Wild Center nature museum or one of the many restaurants in town.
acerbone@adirondackdailyenterprise.com An old Camaro sits in building three of the former Oval Wood Dish factory. Developers from Lahinch Group say they plan to convert this building into three stories of market rate âloft apartments,â 27 of the proposed 92 units they hope to build in the facility.
(Enterprise photo â Aaron Cerbone) Building one of the former Oval Wood Dish factory is currently used as storage for boats, cars and campers. Developers from Lahinch Group say they plan to convert this building into parking for the 92 apartments theyâve proposed to build at the site.
(Enterprise photo â Aaron Cerbone)
An old Camaro sits in building three of the former Oval Wood Dish factory. Developers from Lahinch Group say they plan to convert this building into three stories of market rate âloft apartments,â 27 of the proposed 92 units they hope to build in the facility.
acerbone@adirondackdailyenterprise.com From left, Tupper Lake village Trustee Ron LaScala, Chief of Staff for Sen. Dan Stec Deborah Capezzuti, Lahinch Group Managing Member Joe Gehm and Lahinch Group Member Mike Dunyk walk through the Oval Wood Dish factory on Thursday. Behind them are Tupper Lake village Mayor Paul Maroun and Stec. This portion of the building is currently being used for boat and car storage.
(Enterprise photo â Aaron Cerbone) From left, Tupper Lake Free Press Publisher Dan McClelland, Tupper Lake village Mayor Paul Maroun, Trustee Ron LaScala, Lahinch Group Managing Member Joe Gehm, state Sen. Dan Stec and Lahinch Group Member Mike Dunyk look up at the tall ceilings in the Oval Wood Dish factoryâs Building 3 Thursday. This large building is to be turned into three stories of loft-style apartments by Lahinch Group.