SYRACUSE, N.Y. — Aspen Dental Management, Inc. (ADMI) plans to move its corporate office and nearly 600 employees to downtown Syracuse from its current location in DeWitt in late 2017.
The company is expected to move into the former Sibley’s department store building, now dubbed the City Center project, at 400 S. Salina St. in Syracuse. The firm would take over a 170,000-square-foot space that would include a training facility.
ADMI anticipates creating an estimated 400 new jobs at its new downtown headquarters by 2020, according to a press statement the firm issued on Tuesday.
The company’s statement followed a meeting of the Syracuse Industrial Development Agency earlier in the day. ADMI indicated it is “excited about the possibility of relocating our practice-support center.”
The company provides non-clinical business support services to 550 independently- owned and operated Aspen Dental practices across 33 states. It currently operates at 281 Sanders Creek Parkway in the town of DeWitt.
ADMI anticipates construction at its future home will start this summer, “pending the finalization of terms with the landlord and other stakeholders.”
ADMI says it contributes an estimated $100 million to the Central New York economy annually in employee wages and benefits, locally sourced goods and services, and local tax contributions, citing a study by Syracuse University’s Whitman School of Management.
Contact Reinhardt at ereinhardt@cnybj.com