Updates
Timeline
October 28th, 2025
SHA & MBS Close Financing to Launch $102M East Adams Phase 1
The Syracuse Housing Authority and McCormack Baron Salazar have officially closed financing on East Adams Phase 1, launching the first vertical construction in the transformational, multi-phase redevelopment of the neighborhood. This $102 million investment will deliver 132 mixed-income homes, upgraded infrastructure, and modern community amenities, marking a major milestone toward revitalizing East Adams into a vibrant, inclusive community.
October 3rd, 2025
MBS and SHA kickoff Phase 2 brownfield remediation
We’ve officially started environmental cleanup at the future site of Phase 2, located at Burt and State Street. This work clears the way for 125 new senior housing units and is being done with strict safety protocols to protect the community.
December 19th, 2024
MBS and SHA Kick Off Demolition of McKinney Manor
MBS and SHA commenced the demolition of McKinney Manor to clear the way for East Adams Phase 1, Phase 3, the future Children Rising Center, and a new linear park. The demolition is funded through HUD’s Choice Neighborhoods Grant.
December 19th, 2024
MBS and SHA Close on AOT Renovation, Construction Begins
McCormack Baron Salazar and the Syracuse Housing Authority have closed on the $98 million renovation of Almus Olver Towers (AOT), funded by New York State Homes and Community Renewal and the Royal Bank of Canada. This comprehensive modernization will upgrade all major building systems, provide heating and cooling through a new geothermal system, and deliver long-overdue improvements to the living spaces of our residents.
July 17th, 2024
HUD Awards SHA and City of Syracuse $50M Choice Neighborhoods Grant
The East Adams Transformation Plan got a major boost with a $50M HUD grant to build more than 1,400 units of housing, upgrade infrastructure, create parks and wellness spaces, support residents and local businesses, and more!
Fall 2023
HUD CHOICE Application Submitted
SHA and City prepare to submit a HUD CHOICE Neighborhood application to support the New 15th Ward/East Adams Transformation
Summer 2022
Predevelopment of Phases I and II Begins
Following the completion of master planning, MBS and SHA began predevelopment on AOT, Phase I, and Phase II.
Spring 2021
Community Engagement Begins
SHA, City of Syracuse, Blueprint 15, and MBS engaged residents in master planning processes surrounding redevelopment of McKinney Manor, Pioneer Homes, Central Village, and Almus Olver Towers (AOT)
October 2nd, 2019
McCormack Baron Salazar becomes Development Partner
SHA procured the master developer, McCormack Baron Salazar (MBS) to refine the master plan.
September 15th, 2016
First Transformation Plan Released
SHA released the initial East Adams Neighborhood Transformation Plan following a preliminary master planning exercise with Gilmore Kean