Visum Development Group has filed a proposal with Ithaca’s Planning & Development Board to construct a multi-family building on site of old Ithaca Gun factory.
The plan is to build a four-story, 77-unit apartment complex called “Breeze Apartments,” according to Ithaca Voice. The proposal also includes 77 parking spaces, landscaping, and a scenic overlook open to the public. The total construction cost is estimated to be $16.11 million, according to Visum’s application.
Visum purchased the property, located at 121-125 Lake Street, from Travis Hyde Properties in December 2021. Redevelopment will have to include major site cleanup as chemicals and lead used at the former Ithaca Gun factory left significant contamination at the site. If the project is approved, Visum plans to begin construction in August 2022.