A conceptual drawing of Gateway Lofts project at the Gateway Center in Jamestown
JAMESTOWN – The Jamestown City Planning Commission will review details of the proposed multi-million dollar Gateway Lofts project when it meets Tuesday, Sept. 18 in city hall.
The project $34 million project is an effort by Southern Tier Environments for Living, Community Helping Hands and the YWCA of Jamestown to provide an estimated 70 single and multi-family housing units in the upper floors of the gateway center on Water St.
Of these units, 39 would offer affordable housing options, 16 would go to single-parent families assisted by the YWCA, and 25 units administered by STEL would be designated for non-violent individuals who are homeless and have a serious mental illness or a substance use disorder with a history of criminal offending or are at risk of offending.
The project still needs to undergo several hurdles, including a review by the city Planning Commission as well as securing funding for a total project cost of $34 million.
Developers say the cost would be covered through a combination of state and federal tax credits that can be sold to investors, along with community investment funds and grants. The project partners have already received a $970,000 state grant to develop the design.
The Planning Commission meeting will focus on the specs of the project to ensure they are compliant with city code and is not intended to be a meeting where officials discuss the merits of the project or it is worthwhile.
According to the developers, support for the project has been given by several local officials, including: Gov. Andrew Cuomo, Sen. Catherine Young, Assemblyman Andrew Goodell, County Executive George Borrello, Deputy County Executive for Economic Development and IDA director Mark Geise, Sheriff Joseph Gerace, county Health and Human Services Director Christine Schuyler, and the Homeless Coalition.
The Planning Commission meeting begins at 3:30 p.m. Tuesday on the fourth floor of city hall and is open to the public.
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