Crescent Commons – A Design-Build Project for VIP

VIP Structures is excited to announce that it has begun construction at Crescent Commons in Cortland, NY. Crescent Commons is the $16-million adaptive re-use of the historic Crescent Corset factory. The 150,000 square foot building, comprising an entire block of Main Street, has been mostly vacant and deteriorating for decades. When completed, it will feature 41,000 SF of commercial office space, more than half of which is already leased, and 47 loft-style apartments with amenities such as a lounge, exercise room, and a private courtyard. The project is a partnership between Cortland-based real estate developer David Yaman and Housing Visions, a Syracuse-based nonprofit. It has grant support from Empire State Development, National Grid, and the City of Cortland. This is a design-build project for VIP Structures. VIP Architectural Associates (VIPAA) is the project architect. VIP’s design and construction teams worked closely together to provide the clients with a high-quality design within their construction budget. VIPAA worked closely with the New York State Historic Preservation Office (SHPO) to ensure that the design conforms to the Secretary of the Interior’s Standards for Rehabilitation and is therefore eligible for both the federal and state historic tax credits. VIPAA’s design optimizes rental income for the clients: the final design provides a greater number of apartments than they originally thought were possible, and the layout for the main floor enables the future build-out of additional square footage on the lower level, which is partially below grade. VIP’s sister company, IPD Engineering, provided structural, mechanical, and electrical engineering services. Chris Trevisani, Housing Visions’ Director of Development, said, “We are very pleased to be taking on such a large, complex development such as Crescent Commons with VIP. Their wide range of talent and expertise has proved invaluable in getting this development eligible for Historic Credits and ultimately designed within a very tight timeframe and budget.” “VIP is the epitome of ‘one-stop-shopping’ for the construction industry. It has been a pleasure dealing with VIP’s professional staff,” said David Yaman of David Yaman Realty Services. The project is expected to be complete in the summer of 2018. To learn more visit Empire State Development. Delivery Method: Design-Build Owner: Crescent Commons, LLC (a partnership between David Yaman Realty Services and Housing Visions) Total Size: 100,000 SF Construction: VIP Structures, Inc. Architect: VIPAA (Bob Garner) Engineer: IPD Engineering (Al Daniels) Project Manager: Jim Herr (pre-construction), Steve Capella (construction) Project Executive: Christine Stevens Project Superintendent: Bill Cadieux Account Representative: Vince Raymond