SALINA — CXtec is looking ahead to 2023 when the firm will move its headquarters from the town of Salina to become an anchor tenant in the City Center building in downtown Syracuse. The firm says it will move 100 jobs to the newly redeveloped structure once the project wraps up in the middle part […]
SALINA — CXtec is looking ahead to 2023 when the firm will move its headquarters from the town of Salina to become an anchor tenant in the City Center building in downtown Syracuse.
The firm says it will move 100 jobs to the newly redeveloped structure once the project wraps up in the middle part of next year.
The 31,000-square-foot office will include enough parking-garage spaces for all staff, the company said in its Dec. 6 announcement.
CXtec, which is currently headquartered at 5404 South Bay Road in Salina, is an information-technology and hardware-services lifecycle business.
To help in the move downtown, New York State has awarded CXtec a capital grant of up to $1 million and up to $1 million through the performance-based, Excelsior Jobs tax-credit program in exchange for a job-creation commitment.
CXtec must create 25 new positions to get the full $1 million in tax credit, the company tells CNYBJ in an email.
The Central New York Regional Economic Development Council (REDC) had identified the CXtec move as a “priority project,” the firm noted. The state on Nov. 23 announced CXtec’s funding as part of $68 million in funding awards for projects statewide under the REDC initiative.
“The Downtown location and this incredible new space have been designed from the ground up with our team’s needs first. Working with MacKnight Architects [and Planners of Syracuse] we have focused on providing the team with a space that provides them with a great working environment that will be more collaborative, fun and productive,” Peter Belyea, CEO of CXtec, said. “Employees and future associates want, not only a great working space, but interesting opportunities for living and entertainment outside the office.”
The Hayner Hoyt Corporation of Syracuse continues its work in redeveloping the 280,000-square-foot City Center building, which previously housed the Syracuse location of Sibley’s department store
“Employees want to work where they can take advantage of unique housing options, restaurants, cultural events and nightlife.” Jeremy Thurston, president of Hayner Hoyt, said. “We are truly excited to have CXtec as an anchor tenant in this amazing new space and in a location that will enable them to take advantage of all the great things the City of Syracuse has to offer.”