Village Solars Construction Update 5/2019

25 05 2019

From the Voice, with light editing:

“Quietly plodding along off the 1000 Block of Warren Road, Lifestyle Properties’ Village Solars Apartments continues its steady buildout. This is one of the largest projects in Tompkins County, with 277 apartments approved, with potentially more in the works on the adjacent property to the east. So why doesn’t it get much attention? They build a couple of apartment buildings each year, they don’t have tax abatements or any high-profile review process because they were approved by the town as a Planned Development Area (flexible “D-I-Y” zoning), and they’re in a less-trafficked part of the county north of the airport. They’re low profile, physically and programmatically.

Under construction right now are Buildings “K” (113 Village Circle) and “L” (40 Village Place), which make the 11th and 12th buildings to have been built in the past five years. The 24-unit Building “K” is mostly complete from the outside, and likely to open for occupancy later this spring, adding another 3 three-bedrooms, 6 two-bedrooms, 3 one-bedrooms and 12 studios to the market. 24-unit Building “L”, just to its east, isn’t as far along. It’s framed, sheathed and has had its windows and doors fitted, but the fiber cement siding is only partially finished, and exposed interior stud walls are visible through the windows. If you’re wondering what the rat’s nest of white cables are, those are connections for the air-source electric heat pumps – the units are installed towards the bottom, and the cables are framed in by a bump-out for aesthetic purposes.

The latest two buildings are being funded courtesy of a $5.6 million construction loan extended by Elmira Savings Bank. According to the loan filing, both buildings are expected to be completed and ready for their first tenants by the end of September. But more realistically, given that the local rental market revolves around the academic cycle and that some graduate and professional students make their homes here, expect the new apartments to be ready for occupancy no later than mid-August.”

***

I must have missed the part when “Equinox Way”, the new through road was named. Still waiting a construction start on Building “F”, as seen below the site is just grass at the moment. Offhand, Lifestyle Properties can start one more building before they have to build the mixed-use community building, and regardless, the community center must be complete by the end of 2020.

The timeline and plans for each phase is out of whack because the redevelopment of the existing apartment 1970s buildings was expected before new sites were to get underway. I’d venture a guess the 2019-2020 phase would be 18-unit Building “M” and the Community Center, for an August 2020 completion.

Giving credit where credit is due – the in-house construction crew is moving fast with these. Building “L” hardly had its site cleared and wood foundation forms in back in February. Years of practice pays off, perhaps. Interior walls and insulation is in, but drywall has yet to be hung, so completion is still a couple of months away.


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