development

5:11pm

Mon April 9, 2012
Politics and Government

Tax exemption for Syracuse bookstore hinges on public access

The Syracuse Common Council is inching closer to approving a proposed tax break for a new bookstore and fitness center.
Cameron Group, LLC.

A new bookstore and fitness center on University Hill in Syracuse may get a tax break after all.

The margin needed for approval has narrowed.

Members of the Syracuse Common Council and an economic development official confirmed Monday that new terms on the deal have been reached, at least in principal.

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3:14pm

Thu March 22, 2012
Regional Coverage

Clayton officials say development projects fill gaps in tourist town

There's a lot of development just around the corner in Clayton, a summer tourist destination on the St. Lawrence River. Town and village officials – and local business owners – are excited about several projects in the works that could put back to use a former industrial site along the river.

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6:02pm

Tue March 20, 2012
Education

Syracuse bookstore is flash point in debate over development

The Syracuse Common Council has decided to negotiate more on a proposed tax break for the building of a new bookstore and fitness center for Syracuse University.
Cameron Group, LLC.

The make-up of the Syracuse Common Council was different when Thomas Valenti and his firm, Cameron Group, first approached it six years ago, but the opposition to the proposed project is still the same.

Valenti wants to develop a new off-campus bookstore and fitness center for Syracuse University.

In order to do that, he's requesting a 30-year property tax break from the city.

And therein lies the sticking point.

"If you have all of these grand ideas, then you should be able to finance this project," councilor-at-large Helen Hudson says. "We just can't keep excepting all of these entities."

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