Ithaca Builds

Mapping, photos and information for Ithaca construction and development projects

Seneca Way Project Description

May 9, 2013 // by James Douglas

Seneca-Way-proj narative photo

Seneca Way will be a new five-story mixed used building on the site of the former Challenge Industries building, at the bottom of East State Street. Seneca Way will be home to 32 one-bedroom apartments, six two-bedroom apartments, and 8,600 sq. ft. of office space.
Seneca Way is expected to be completed in Spring 2014, with two office anchor tenants moving in shortly thereafter:, Warren Real Estate (also partners in the project) and the Park Foundation. Seneca Way was financed in part by New Market Tax Credits, a federal tax credit meant to attract investment to “low-income” communities, and private funding from Tompkins Trust Company, M&T Bank, and PNC Bank.
Seneca Way will feature upscale market-rate apartments, with corresponding designer kitchens and amenities such as an on-site health club, and under-building parking.