Hot off the press
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Visum revives plans for Cherry Street mixed-use residential project
ITHACA, N.Y. — Ithaca’s Visum Development Group has been quite busy lately, with development plans for the former Ithaca Gun Factory site and smaller projects underway in Collegetown. Now the firm is adding another item to their cart with revived plans for a multi-story residential development on Cherry Street in Ithaca’s West End.
The apartments will be market-rate and intended for the general rental population of Ithaca — logical, given that Cherry Street is relatively far from Cornell and Ithaca College. Planned amenities include rooftop lounges, a swimming pool, fire pit, picnic area, fitness room, yoga studio, community kitchen and package room. As with the original proposal, CJS Architects of Rochester is in charge of design for the new buildings, with Fagan Engineering and Jensen/BRV Engineering working alongside them on the project team.
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Visum Development goes on $8 million property shopping spree in Ithaca
ITHACA, N.Y. — It is a reasonable expectation that part of the business/real estate beat involves checking property transactions around Tompkins County. The vast majority don’t raise eyebrows. However, once in a blue moon, a well-known developer makes a big buy, or rather several big buys, in a very short span. Visum Development has been shopping around and making buys across Ithaca city and town in recent weeks.
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Visum puts forth new apartment plans for Ithaca Gun site
ITHACA, N.Y.—They told everyone it was coming a couple of months ago, and now the plans are making their public debut. Ithaca’s Visum Development Group has filed its proposal for a multifamily building on the former Ithaca Gun factory site.
Visum’s plan, called the “Breeze Apartments,” calls for a four-story, 77-unit market-rate apartment building on the site, with 4 studio units, 41 one-bedroom units, and 32 two-bedroom units. The project also proposed 77 parking spaces, about thirty in a surface parking lot and the remainder in a covered garage that will comprise a portion of the building’s lower levels. The project also includes the usual complement of landscaping, lighting, bike racks, stormwater bioretention areas, and unique to the location, a publicly-accessible scenic overlook.