Parkside Commons in Syracuse Set for Major Transformation

Rendering of the new Parkside Commons redevelopment with modern apartments and green spaces.

Syracuse, October 14, 2025

News Summary

Plans for the redevelopment of Parkside Commons in Syracuse are underway, with nearly 200 new affordable apartments to be constructed and existing units to be renovated. This initiative aims to improve safety and reduce crime in the area. The project is led by Parkside Commons Ventures LLC and is expected to start renovations in early 2026, pending funding approvals.

Parkside Commons in Syracuse Set for Major Transformation with New Affordable Housing Plans

In Syracuse, plans for a significant redevelopment of the East Side housing complex, Parkside Commons, are underway. The complex, currently housing over 900 residents, including many families, will undergo a major transformation led by Parkside Commons Ventures LLC, a partnership of two affordable housing companies from Brooklyn and Baltimore.

The redevelopment plans include the construction of nearly 200 new affordable apartments across the street from the existing complex. In addition, there will be renovations to 200 existing units and the demolition of four severely deteriorated buildings that have been identified as high-crime areas.

These improvements aim to tackle the ongoing issues of crime and poverty that have plagued the 10-building campus for years. Recent incidents have raised concerns about safety, including the recent killings of two men and a significant drug bust in May.

Project Overview and Timeline

The phased project is currently in the early planning stages and is contingent upon securing millions in government funding and regulatory approvals. If everything proceeds as anticipated, renovations could commence in the first half of 2026, following financing closure expected in spring 2025.

Enhancements planned for the site will include security upgrades, the installation of new roofs, improved interior finishes, plumbing, and mechanical work, as well as landscaping changes. Some tenants may need to be temporarily relocated during this rehabilitation process.

New Construction Details

The new construction will feature a five-story mixed-use building providing 143 units and a four-story building with 50 units located at the corner of Fayette and Westmoreland. Discussions are ongoing regarding the acquisition of land parcels from the Greater Syracuse Land Bank and other property owners for this expansion.

The four buildings slated for demolition are intended to be replaced with a mix of market-rate and workforce housing aimed at improving the overall resident demographic and enhancing community safety.

Funding and Regulatory Approvals

The Parkside Commons Ventures purchased the property for $26 million a year ago with plans to uplift the community. City Commissioner of Neighborhood and Business Development, Michael Collins, has voiced cautious optimism about the developers’ ambitious plans. State officials are also showing support, anticipating funding approval by mid-2026.

A site plan approval request is scheduled to be presented to the City Planning Commission on October 20.

Context and Implications

This redevelopment is part of a larger initiative aimed at tackling the concentration of poverty while enhancing safety within the Syracuse area. The hope is that these changes will alleviate long-standing systemic issues and provide a better quality of life for residents.

FAQ Section

What is the Parkside Commons redevelopment project?

The Parkside Commons project is a major redevelopment initiative in Syracuse that includes constructing new affordable apartments, renovating existing units, and demolishing deteriorated buildings.

How many units will be added?

The project plans to add nearly 200 new affordable apartments while renovating 200 existing units.

When is the project expected to start?

Construction is expected to commence in the first half of 2026, pending financing closure in spring 2025.

What improvements will be made during renovations?

Renovations will include security upgrades, new roofs, improved interiors, plumbing and mechanical work, and landscaping enhancements.

What is the significance of this redevelopment?

This redevelopment aims to address crime and poverty issues in the area and is part of a broader effort to improve community safety and quality of life.

Key Features of the Parkside Commons Redevelopment Project

Feature Detail
New Units Approximately 200 affordable apartments
Renovations 200 existing units to be renovated
Demolition Four severely deteriorated buildings
Project Timeline Start renovations in early 2026
Funding Requires millions in government funding
Community Impact Aim to reduce crime and improve quality of life

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STAFF HERE PHOENIX WRITER
Author: STAFF HERE PHOENIX WRITER

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