New York Construction Report staff writer
BFC Partners and SAA Canopy Group have secured $269 million in construction financing for the redevelopment of Parkside Commons, launching a major affordable housing project that will modernize an aging apartment complex and add new homes on Syracuse’s East Side.
Construction is expected to begin in September on the multi-phase redevelopment, which will renovate existing buildings and construct two new apartment buildings. The project is designed to allow current residents to remain within the community throughout construction…