CAMILLUS — Sweet Spot Development, a Skaneateles–based development firm, on Monday announced that it has signed agreements with two Syracuse–based medical practices to become ground-floor tenants in the Camillus Mills medical-wellness project.
The project is under development on the more than four-acre site of the former Camillus Cutlery Co. on West Genesee Street in the village of Camillus.
The groups’ medical-concentration areas include nephrology and urology, the firm said in a news release. Sweet Spot didn’t release the names of the practices involved or any terms of their agreements.
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The development firm has also launched an “aggressive” incentive campaign to attract anchor tenants to Camillus Mills, Thomas (Tom) Blair, managing member of Sweet Spot Development, said in the news release.
Sweet Spot Development is targeting family care and internal-medicine practices as potential anchor tenants for the project, Blair said.
“In order to do this, we have decided to offer interested groups up to $200,000 in allowances, as well as provide equity opportunities and the ability to take part in a unique and lucrative tax-credit program. We understand the pressures medical groups are under today, and are determined to help our medical partners and tenants lower their occupancy costs while providing a warm and safe Class A environment for patients and staff,” Blair said.
Besides the incentives Sweet Spot is offering to family care and internal-medicine practices, the development team is also seeking leases from other medical or wellness groups that want to add a location or find a new facility with “manageable overhead,” the firm said.
Groups that sign leases over the next several months can “reasonably expect” to occupy their new offices as soon as summer or fall of this year, according to Sweet Spot Development.
The Camillus Mills project offers nearly 35,000 square feet of commercial space in a two story, more than 43,000-square-foot, mixed-use building.
The former headquarters of the Camillus Cutlery is under renovations to offer medical-wellness space to interested groups in 2014.
The site, located next to Nine Mile Creek, includes more than 300 parking spaces, Sweet Spot said.
Contact Reinhardt at ereinhardt@cnybj.com
