COR Development is focused on the redevelopment of 33+ acres surrounding the Syracuse Inner Harbor.   The Harbor, located at the south end of Onondaga Lake, is the only privately owned waterfront neighborhood in the City of Syracuse.   The Inner Harbor can be easily accessed from I-81 north-South and I-690 East-West. The Regional Transportation Center (Amtrack and Greyhound) is located within one mile and Hancock International Airport within 6 miles.

COR has completed various infrastructure improvements, opened the 134 room Mariott Aloft Hotel and a mixed-use apartment retail building known as Iron Pier…The Iron Pier 112 apartments are fully leased, with a waiting list. Iron Pier is also home to a brewpub, a café, salon, fitness center and an insurance office. Overall current private investment to-date by COR is approximately 75 million. Is this correct? In addition, Onondaga County has commenced construction of an $85 Million Aquarium on the north side of the Harbor.  Concurrently, the City of Syracuse Local Waterfront Revitalization Program (LWRP) isbeing finalized.  The LWRP is a comprehensive approach to re-imagining the City’s waterfront. This process is a joint effort between the City of Syracuse and Onondaga County to support natural resource protection, enhance waterfront access, improve multi-modal connectivity options, and provide economic revitalization opportunities.

COR’s vision for the Harbor is an urban, mixed use, pedestrian friendly neighborhood that focuses on access to the water. When fully built-out, the Harbor will be home to over 1,300 residents. Residents and visitors will shop, dine, and work in over 170,000 SF of street level retail and restaurants. A second hotel will support the increased tourism activity with an additional 120-150 rooms, event spaces and food hall.

The Inner Harbor has a 15-year PILOT agreement; Years 1-5 100% exemption. 10% annual exemption decrease beginning year 6 through year 15.