University Hill Drives $650 Million in Economic Activity

Syracuse’s University Hill continues to be a hub of economic energy and activity. Institutions on the Hill provide industry-leading education and medical care while also generating more than $650 million in total development between 2013 and 2015.  Every day, more than 25,000 people, or 8 percent of all employees in the Syracuse metropolitan area, go […]

Already an Subcriber? Log in

Get Instant Access to This Article

Become a Central New York Business Journal subscriber and get immediate access to all of our subscriber-only content and much more.

Syracuse’s University Hill continues to be a hub of economic energy and activity. Institutions on the Hill provide industry-leading education and medical care while also generating more than $650 million in total development between 2013 and 2015. 

Every day, more than 25,000 people, or 8 percent of all employees in the Syracuse metropolitan area, go to work on University Hill. 

The people leading these institutions and organizations, and their growth, are some of the greatest thought leaders and innovators in our region. A recent wave of new energetic leaders — including Kimberly Boynton at Crouse Hospital, Dr. Mark Cattalani at Hutchings Psychiatric Center, Dr. Quentin Wheeler at SUNY-ESF, Rev. Johanna Marcure at Grace Episcopal Church, and Dr. Gregory Eastwood at SUNY Upstate Medical University — bring new perspectives and expertise. We look to them for guidance, direction, and solutions to many of the challenges we face as a community and region. 

On Nov. 12, at the University Hill Corporation’s annual meeting, Syracuse University’s new Chancellor, Kent Syverud, highlighted the vital role these “mainstay institutions” play in creating a thriving, innovative community. While sharing his vision to establish the university as a leading research institution focused on enhancing the quality of education for students, he said the University Hill partners must equally support the work being done to drive a strong regional economy. As he rightly pointed out, we all ultimately, have a stake in the outcomes.

I am incredibly grateful for the partnership and vision of these leaders of education, health care, spirituality, and commerce. Their skills and talents are critical to our ability to expand an innovation district where anchor institutions and companies cluster to support new businesses and mixed-use communities that appeal to creative, talented, and skilled people. Together, we are making University Hill, the city, and the region a model for others to follow. Here are some highlights of the $650 million in development on University Hill.

• $95 million — Syracuse University’s College of Law, Dineen Hall 

• $86 million — SUNY-ESF research building to house the Department of Environmental and Forest Biology 

• $84 million — Veterans Administration Spinal Cord Injury Center

• $72 million — SUNY Upstate Medical University’s Neuroscience Research Center

• $56 million — Hutchings Psychiatric Center

• $36 million — SUNY Upstate Medical University’s academic building

• $18 million — Syracuse University’s S.I. Newhouse School of Public Communications, Newhouse II

• $8.7 million – New labs at Syracuse Center of Excellence        

Robert M. Simpson is president and CEO of CenterState CEO, the primary economic-development organization for Central New York. This editorial is drawn and edited from the CEO Focus email newsletter the organization sent out on Nov. 14.

Journal Staff

Recent Posts

Oswego Health says first robotically assisted surgery performed at its surgery center

OSWEGO, N.Y. — Oswego Health says it had the system’s first robotically assisted surgery using…

3 hours ago

Tioga State Bank to open Johnson City branch

JOHNSON CITY, N.Y. — Tioga State Bank (TSB) will open a new branch in Johnson…

3 hours ago

Oneida County Childcare Taskforce outlines recommendations to improve childcare

UTICA, N.Y. — A report by the Oneida County Childcare Taskforce made a number of…

3 hours ago

Cayuga Health, CRC announce affiliation agreement

ITHACA, N.Y. — Cayuga Health System (CHS), based in Ithaca, and Cancer Resource Center of…

22 hours ago
Advertisement

MACNY wins $6 million federal grant for advanced-manufacturing apprenticeships

DeWITT, N.Y. — MACNY, the Manufacturers Association will use a $6 million federal grant to…

23 hours ago

HUD awards $50 million to help redevelop Syracuse public housing near I-81

SYRACUSE, N.Y. — The Syracuse Housing Authority (SHA) and the City of Syracuse will use…

4 days ago