Utica Harbor Point
The Utica Harbor Point Project aims to link the historic inner harbor along the Mohawk River and Erie Canal to the greater ecosystem of Utica, NY. Our team is considering a three-phased approach. Phase A will begin with the development of a Park along the long axis of the site, Phase B will consist of mixed-use development, and Phase C will add a residential component. This joint effort between the private and public realms will result in an innovative development that will revitalize Harbor Point and add to the history of the area. Today, our Development Team is focusing on Phase B, a proposal of 75 affordable housing units, 75 market-rate units, and 24,000 SF of pure commercial and residential space. Due to high levels of demand resulting from anticipated growth in population and employment, along with planned new developments in the area, the proposed development of the site aims, not only to fulfill a housing need but also to embark on a new urban dimension for Utica’s historic Harbor Point. Through low-income housing tax credits (LIHTC), equity, and debt, the Development Team will look to revitalize the area by developing a new state-of-the-art facility for community members to live, work, and play.