Tagged: destiny usa

4:29pm

Tue April 2, 2013
Business

Destiny USA and Syracuse reach deal to avoid legal battles

Credit Destiny USA

For the first time in Bill Ryan's 10 years of public service, Syracuse and the owner of the Destiny USA mega-sized shopping mall are not facing legal action. Ryan is a former common councilor and now chief of staff for the mayor and chairman of Syracuse Industrial Development Agency (SIDA), the city's development arm.

Read more

4:29pm

Tue December 4, 2012
Business

Money from Destiny USA could be used for Inner Harbor upgrades

Credit scottwdw / via Flickr
Syracuse's Inner Harbor.

Some of the money collected through the tax break agreement between the Destiny USA mega-mall and Syracuse will be used to try and win federal funding for Inner Harbor improvements. The Syracuse Industrial Development Agency (SIDA) has approved the use of $500,000 from Destiny payments to be part of a match for a federal grant the city is applying for.

Read more

9:06am

Tue September 25, 2012
Business

Syracuse, Destiny USA appear headed to court over parking lots

Credit Destiny USA

The saga of the owner of the Destiny USA megamall and the city of Syracuse continues. The two appear destined to end up back in court as the Syracuse Industrial Development Agency (SIDA) plans to file a lawsuit against developer Robert Congel's Pyramid Group - the mall's owner - over parking lots.

Read more

4:06pm

Mon August 6, 2012
Regional Coverage

New York's record on economic development projects mixed

Governor Andrew Cuomo says New York’s track record on supporting economic development projects is hit and miss.

Read more

9:39am

Thu August 2, 2012
Regional Coverage

Despite bumps in the road, Carousel at last becomes Destiny

For more than 22 years shoppers have flocked to the Carousel Center Mall in Syracuse. That name goes in the history books today, as the mall is re-branded as Destiny USA.

Read more

3:44pm

Wed July 25, 2012
Regional Coverage

Syracuse shaking as much out of Destiny USA megamall as it can

Credit Destiny USA

Syracuse's threat of legal action against the Destiny USA mega-mall has prompted a matching threat from the mall's developer.

The dispute involves whether the developer owes the city a $2.2 million dollar payment because of delays in the of the construction of the mall.

In 2002, Destiny USA struck a deal with the Syracuse Industrial Development Agency (SIDA). The arrangement allows the mall developer to make 30 years worth of payments-in-lieu-of-taxes (PILOT).

Read more

11:00am

Mon July 23, 2012
Politics and Government

Part I: Syracuse Mayor Stephanie Miner on the Campbell Conversations

In recent months Syracuse Mayor Stephanie Miner has been an evangelist for fiscal sustainability and a clear-eyed look at the financial challenges facing the city. Before that she was a town crier regarding the Destiny project.

Read more

7:10am

Fri July 6, 2012
The Upstate Economy

Did Destiny USA ruin it for other developers in Syracuse?

There's an old promotional video the developer behind the Destiny USA megamall released several years ago. It includes images of glass-enclosed golf courses, huge hotels and helicopter tours of upstate taking off from Syracuse's Inner Harbor.

Despite ending by promising "grand opening, summer 2004," you won't see any of that on the shores of Onondaga Lake today.

All you'll see is an even bigger mall - despite developer Robert Congel winning a 30-year property tax break worth about $600 million as an incentive from the city to build the Disney Land-like attraction.

Read more

9:55am

Thu June 7, 2012
Regional Coverage

Destiny USA puts further development on pause

It is the end of any collaboration between the City of Syracuse and the Pyramid Companies on the expansion of the Carousel Center Mall.  But the notice this week that Pyramid is calling the current work at the mall the final phase of the Destiny project may not tell the entire story.

Destiny spokesman David Aitken says this move doesn't rule out more Destiny deals in the future.

"Are we hopeful for additional development down the road?  The answer's yes.  But we are going to take it one day at a time,"says Aitken.

Read more

4:30pm

Wed June 6, 2012
Regional Coverage

Destiny USA: Expansion could be at an end

The expansion of Carousel Center in Syracuse could be at an end, at least for now. The developer of the mall complex that will soon be known as Destiny USA, is now calling this the final phase of the development.

Syracuse Mayor Stephanie Miner says the city development agency found out yesterday that the developer was exercising a clause in an earlier agreement that would allow them to make this move.

Read more

8:44am

Mon November 14, 2011
The Upstate Economy

Destiny USA addition tease

You won't see many fully functioning stores as you walk into the addition from an entrance next to the Disney store. ..but you will get a taste of what destiny u-s-a is going to look like.  And the broad boulevard look underneath exposed steel beams doesn't appeal to everyone.

"it reminds my of New York City,  going through the bus station.  Port Authority,  that's what it reminds me of.  Said Sophie Lafontaine of Syracuse.

Read more

1:11pm

Fri November 11, 2011
The Upstate Economy

David Aitken on The Campbell Conversations

The expansion of Syracuse’s Carousel Center Mall—the first stage of the grander and still-planned project called Destiny USA—seems to be getting some traction of late.  Parts of the expansion will be open later this month.  David Aitken, a Destiny executive and spokesperson, discusses the expansion and the future plans for the project, and reflects on why the Destiny project has been such a political and economic lightning rod for the region’s residents and the media.  He also discusses the exterior appearance of the expansion and the possible tensions—and synergy—between this project and t

Read more