Jack Spieth, executive director of the Utica Industrial Development Agency, told agency members the IDA has several other pending applications and projects across the city.
Spieth said one application on Bleecker Street is for a storage facility and another is for eBliss Global, an electric-bike manufacturer. He described those two as among three applications currently with staff for review.
In Columbia Square, Spieth said the former Hyosum (and earlier Dunlop) factory is being developed into about 35 high-end loft residential units with roughly 25,000 square feet allocated for parking and tenant-oriented retail space. He said there may be a two-year rental period before any condominium conversions.
Spieth also described work by People First (formerly the Municipal Housing Authority) to replace older apartment complexes near Mohawk and Broad and near Mohawk Valley Community College with new housing. He cited three apartment complexes (FXMAD, Adrian Terrace and ND Peters) totaling roughly 300 units that the developer plans to tear down and replace with new housing.
On other ongoing properties, Spieth said there are planned projects on James Street and additional phases in the Columbia Square area; he also said Global Mills has undertaken management changes and stabilization efforts following management challenges during the COVID-19 period.
None of the projects discussed in the briefing produced formal agency actions during the public hearing recorded in the transcript; Spieth indicated staff are reviewing the submitted applications and will follow up with applicants.