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Under Construction

Steamboat Square Revitalization - Phase 2
Albany, NY
Client:

Albany Housing Authority

# of Units:

346

Architect:

SWBR

Total Cost:

$218 Million

Funding:

NYSHFA (Tax-Exempt Bonds, 4% LIHTC, CEI, CIF, SHOP), ESD

General Contractor:

AOW Construction

Complete:

2029

Substantial rehabilitation of public housing spanning 3 historic mixed-use tower buildings and 44 townhomes. Affordable workforce housing for individuals, small, and large families. 65 units will be set-aside for various populations that are at-risk of/experiencing homelessness supported by services from CARES of NY.

The Nest
Niagara Falls, NY
Client:

Community Services for Every1

# of Units:

73

Architect:

SWBR

Total Cost:

$40 Million

Funding:

NYSHCR (9% LIHTC, SLIHC), NYS HHAP, ESSHI, FHLBNY, Sponsor Loan

General Contractor:

Hamilton Stern Construction

Complete:

2027

New construction of mixed income housing for individuals and small families in a 6-story mixed-use building. 18 units will be set-aside for survivors of domestic violence supported by services from CSE1.

THRIVE: Impact Cornhill
Utica, NY
Client:

People First

# of Units:

102

Architect:

Carmina Wood Design

Total Cost:

$73 Million

Funding:

NYSHFA (Tax-Exempt Bonds, 4% LIHTC) HHAP, ESD, FHLBNY, City of Utica

General Contractor:

Pike Construction

Complete:

2028

New Construction of affordable workforce housing for individuals and small families across two 4-story mixed-use buildings. The project includes a 30,000 square foot Impact Center for community-focused programming, recreation, business incubation, and more. 19 units will be set-aside for Seniors and Transitional-Aged Youth supported by services from ICAN.

150 State Street 

4th Floor

Albany, NY 12207

Edgemere Development, Inc.

277 Alexander Street

Suite 400

Rochester, NY 14607

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Phone: (585) 325-1450

Fax: (585) 325-1477

© 2026 by Edgemere Development Inc.

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