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17974368
17974367

6400 Yorktown Cir, East Syracuse, NY 13057

PM
NY NY 10401245208
Pemco Group,Inc.
Listed by Pemco Group,Inc.
$3,400,000
1077 days on market
Updated 46 days ago

2.43 Acre Hotel Development Site

Details
Property Type Land
Sub Type Commercial, Hotel Development Site
Buildings 1
Acreage 2.430
Sale Condition For sale by owner

6400 Yorktown Circle / Hotel Development Site

Marketing description

6400 Yorktown Circle is a hotel development site located in the Carrier Circle Hotel Zone this 2.43 Acre site is poised to have unprecedent demand for hospitatliy upon completion mostly beacuse of the reroute happening with I-81 and with the 100-billion-dollar project (Micron) that will be 15 mintues to the north of this site.

Improved Proximity after I-81 Viaduct Project Completion

Micron Technology: Micron has announced plans to build a semiconductor manufacturing complex in Clay New York which 11 miles north of 6400 Yorktown Circle. This 100-billion-dollar project is the largest investment in New York State History and is expected to create 9,000 jobs and 125,000 new residents over the next 20 years. Construction is slated begin in 2025.

Unprecedented Hospitality Demand: Over the next 5-10 years, Syracuse is poised to experience a surge in hospitality demand due to large-scale development projects such as the I-81 highway relocation and the establishment of the Micron campus. This demand will be furtherboosted over the long run as Micron becomes fully operational, attracting talent and businesses to the area. As an anchor institution, Micron is expected to stimulate the local economy, leading to sustained growth in demand for hospitality services.

Investment highlights

Listing Contacts

PM
NY NY 10401245208
Pemco Group,Inc.
Listed by Pemco Group,Inc.

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Additional Information

Name
Peter Muserlian
License
NY 10401245208
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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