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Guv Cuomo Reveals NY State Division of Transport Waterside Property in Ithaca Sold for $3.79 Million

High Prospective Buyer Has Plans to Redevelop Residential Property

NY State Division of Transportation to Inhabit New Maintenance Center by October

Governor Andrew M. Cuomo today introduced the $3.79 million sale of an 8.16-acre state-owned previous New York State Division of Transportation upkeep facility located on the Cayuga Lake Inlet at 683 Third Street in Ithaca at a live onsite public auction held by the New york city State Workplace of General Solutions. The moving of the DOT upkeep center from the beachfront to a new, 15-acre area adjacent to the Ithaca Tompkins International Airport was originally revealed by the Governor in May 2018 to improve company procedures while making this beachfront building available for advancement. The new proprietor, Peter Dugo, president of Arnot Real estate Corporation, one of 4 authorized prospective buyers, plans to redevelop the residential property.

" This sale of a prime item of waterfront real estate is an important step in meeting our objectives of offering advancement chances in the Southern Rate while improving the region's important transportation framework and also constructing more efficiencies into state operations. Following our current upgrade of the Ithaca Tompkins International Flight Terminal into a 21st-century center, and also the DOT's upkeep operation's relocate to an extra feasible location near the flight terminal, the effective auctioning of the Ithaca home scores a hat-trick for the Southern Tier Skyrocketing method to revitalize areas as well as broaden the economic climate."

claimed Guv Cuomo.

"The Office of General Services is proud to have efficiently auctioned this residential or commercial property in support of Governor Cuomo's ongoing local economic advancement initiatives in the Southern Tier. We understand this property has wonderful potential due to its place in a neighborhood that already has a lot going all out, consisting of leading schools and all the leisure chances the lovely Cayuga Lake has to use."

said RoAnn Destito, New York State Workplace of General Services Commissioner.

"Any way you consider it, our work revitalizing Ithaca Flight terminal as well as creating a brand-new, ecologically sustainable DOT maintenance center is a win for both the State and individuals of Tompkins Region. Along with assisting the Department of Transport provide extra reliable street maintenance, this new center enables us to repurpose the existing waterside home as well as develop remarkable chances for future development that will certainly keep this stunning Southern Tier city soaring for generations to find."

said Marie Therese Dominguez, State Transportation Commissioner.

The sale of the previous DOT residential property additionally complements the recently finished $34.8 million growth and innovation of Ithaca Tompkins International Airport terminal, which includes a larger terminal with new passenger terminal gateways and also boarding bridges, as well as improved security steps, all developed to reduce travelling and promote financial development for the Southern Rate.

The home has comprehensive frontage on the Cayuga Inlet, a tributary of Cayuga Lake. The house to a now-vacated DOT maintenance center, it includes a 15,220-square-foot office building, a 4,000-square-foot storage structure, a salt storage dome, and also a paved parking area that can fit around 45 lorries. The building, which comes from Third Road Expansion, additionally consists of an easement for the Cayuga Beachfront Path, which surrounds the home. The minimal bid for the building was evaluated $2.85 million.

Ithaca is located at the southerly end of Cayuga Lake, the biggest of the Finger Lakes. The region is understood for its falls, ice-age chasms, and also recreational possibilities, including boating, angling, hiking, biking, as well as white wine tasting. The building at 683 Third Street is about 10 minutes from downtown Ithaca and a short drive from Cornell College, Ithaca College, as well as a metropolitan golf course. It has to do with 60 miles from Syracuse as well as 50 miles from Binghamton.

With the sale total, in early October, the State Department of Transportation will occupy a new eco-friendly maintenance facility off Warren Roadway in the Community of Lansing. This state-of-the art facility is located beside the newly refurbished Ithaca Tompkins International Airport and also will act as a better center for a contemporary transportation system, assisting in every one of DOT's freeway maintenance and also snow removal procedures in Tompkins Area

The brand-new Division of Transportation maintenance facility includes a 30,000-square-foot maintenance building as well as an 8,200-square-foot salt storage space barn. The building additionally features accumulation locations for pipe, stone as well as millings, and solar panels on the roofing system of the building. There's additionally car park for 40 cars and also a tornado water management system, including bio-retention basins, to reduce drainage. The DOT center will certainly likewise share a fuelling terminal with the Ithaca Tompkins International Airport.

The major building is a pre-engineered, standard steel mounted structure with workplaces, storage locker rooms, huge lorry storage space as well as fixing garage. The structure consists of many sustainable structure features, including a hybrid geothermal HEATING AND COOLING system making use of ground source heat-pump for the offices as well as Air to Air Energy Healing devices with heat coils for air flow. Landscape functions, including evergreen as well as deciduous trees, will certainly lessen sights of the center from the bordering area.

Contact the Governor's Press Office

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Editor: Johnoy Harrison

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