Developers plan new commercial and residential project in Utica targeting spring construction start

The Utica Harbor Point Development Corporation meeting on February 19, 2025, revealed significant progress in the development plans for the Utica waterfront area, with a focus on overcoming challenges related to flooding and construction costs. The meeting highlighted the urgency to begin construction this spring, with plans for a new mixed-use building that will include commercial spaces and residential units.

Key discussions centered around the ongoing development of the 33 building, which is set to undergo renovations to restore its historic character while adding modern amenities. The project aims to create a vibrant community space, featuring three restaurants, including Aquavino, and approximately 54 market-rate housing units. The developers expressed confidence in their plans, noting that they have secured funding through various grants totaling $2.75 million, which will support the construction efforts.

The meeting also addressed the complexities of building in a flood-prone area, with developers outlining strategies to mitigate risks. The proposed design includes elevated structures and parking solutions that can withstand potential flooding, ensuring safety and accessibility for future tenants and visitors.

As the project moves forward, the developers are optimistic about starting construction by late spring 2025, with a timeline of approximately 15 to 18 months for completion. This ambitious timeline reflects the commitment to revitalizing the Utica waterfront and enhancing the local economy through increased housing and commercial opportunities.

Overall, the meeting underscored a collaborative effort among stakeholders to navigate the challenges of urban development while fostering growth and sustainability in the Utica community. The next steps will involve finalizing plans and securing necessary approvals to ensure a smooth transition from planning to construction.