First Phase of Sycamore Village Opens
City officials and project partners celebrated the completion of the first fifteen homes at Sycamore Village yesterday. Work started on the project at the corner of Jefferson Avenue and Sycamore Street one year ago. When complete, the development will include 20 market rate homes and four low to moderate-income units, many built along a new street, Sydni Lane, and fronting a landscaped common area.
“I’m very pleased that this project progressed so smoothly from the groundbreaking last year to today’s opening ceremony,” said Mayor Brown. “Of the fifteen homes built so far, nine are already spoken for. We have followed an aggressive marketing plan that is focused on selling the remaining homes as quickly as possible. From the beginning, we had future homeowners interested in these new properties well before a shovel was put in the ground. I am extremely proud of this project, which offers a whole new residential living experience in the heart of the city.”
Nine styles of homes are being built at the site, each with three or four bedrooms and 1,400 to 1,700 sq.ft. of living space. Many of the homes have rear-loading garages.
“CPC is delighted to have provided the financing for this important residential project, which is adding to the continued growth and vitality of the city‘s East Side,” says James Rykowski, Regional Director for The Community Preservation Corporation’s Western New York Office.
The Buffalo Common Council approved the sale of the first two homes in the project on October 28. Market-rate homes are priced from $165,000 to $188,000 while the four subsidized homes are priced in the $155,000 to $165,000 range.
“Downtown Buffalo, in recent years, has become one of the fastest growing neighborhoods in Western New York,” said Brian Reilly, Commissioner of Economic Development, Permit and Inspection Services.
Get Connected: Keith Barnes, Barnes Real Estate Group, 716.894.5324
Photo by Paul Lehman.
Entry Image L-R: Carla Kosmerl and Francisco Guzman, City of Buffalo Office of Strategic Planning, Mr. Pheland and Lorraine Floyd, homeowners, Abby Snyder, NYS DEC, Senator Antoine Thompson, Mayor Byron W. Brown, Councilmember Brian Davis, and Jim Rykowski, Community Development Corporation.
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Comment Options
Dangelo23
So where is the corner grocery, bakery, salon, and so on suppost to go??? How is this a ture urban neighborhood without room for businesses and give people a reason to walk to a store or other speciality retailer?
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platt4
Ride Aid and Towne Gardens Plaza- one long block to the south. Corner deli at Jefferson and Peckham. Or isn't that boutiquey enough?
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gaustad
anyone know who the realtor is for these homes....
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jamesbflo
i think the houses look good... but thats a ton of money for a not so stable, unsafe neighborhood. whos buying? will these homes be in foreclosure in a year? and if so, will they be sold for a more sensible 40-50,000? Whats the quality of these builds? Will we read more stories in the paper about people falling thru their living room floor?
Sorry to sound cynical but jeez you could buy in Clarence for that dough.
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jamesbflo
I dont think race has anything to do with it, rather these are expensive homes in a run down neighborhood. Unfortuantely, I can't see too many people with money wanting to live there... instead, I fear, these homes will go to well meaning people from the neighborhood who probably don't have the means to afford them. We all know too well what happens then.
This seems to be the 1 time that the city actually did something too soon... A delay of 1 more year and they wouldve called this entire project off due to the housing collapse.
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gaustad
{Deleted- race baiting. Take it elsewhere}
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BlackRockAdvocate
Alright listen up! We need to open our eyes. There is over a millions illegal immigrants bedding down in the state tonight. The state spent millions of dollars last year on services for those people who had no right to be here in the first place. millions of dollars. 40 million dollars just to lock up a bunch of illegal immigrant criminals who only got in this country because the INS decided it's not worth the effort to screen for convicted felons. Our border policy is a joke! So is anybody surprised that those at the south of the border are laughing at us, laughing at our laws. Every night thousand of these parasites stream across the border like some freakin pinata exploded It's about decent hard-working Americans falling into the cracks and getting the shaft because their government cares more about the constitutional rights of a bunch of people who aren't even citizens in this country. On the Statue of Liberty it says: "Give me your tired, your hungry, your poor." Well, it's Americans who are tired and hungry and poor. And I say, until you take care of that, close the freakin book. 'Cause we're losing. We're losing our rights to pursue our destiny. We're losing our freedom. So that a bunch of foreigners can come in here and exploit our country. And this isn't something that's going on far away. This isn't something that's happening places we can't do anything about it. It's happening right here, right in our neighborhood, right in our own city.
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ForestBird
If people WANTED to build houses on this industrial waste site, they would have done it. Instead, politicians are stealing money from those who are surviving on less than $10 an hour, in houses worth less than $30K ( if anything) to give away to scumbags who know they can either profit or abandon when ever convenient.
The City should NOT be in the housing business. Instead of fixing the basic necessities of Life (our water pipes, sewer pipes, sidewalks, streets, trees) they flush our money into these sinkholes of corruption. Only the politicians' best buddies get to build these dumps & collect the mark-ups on $50K shacks selling for $150K.
We are paying for GARBAGE.
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