Vision is what drives Mr. Tom Hornstein of Horn Companies(and his entire family) to purchase and renovate a historic property just a few doors down from the iconic Dinosaur BBQ. The Krell Building, once home to the Post Standard and more recently leased to health and human services clients, sits at the corner of Herald Place and North Franklin Street in downtown Syracuse. The building currently designated as Class B will be renovated in April 2014, featuring over 58,000 sq. ft of premier Class A commercial space.
Refreshing architectural renderings drawn by Macknight Architects reveal a building with a sense of place. The updated facade is drawn to highlight a perfect location for a potential restaurant making up 6,336 sq. ft. of the available 17,280 sq. ft. first floor. The team has positioned the restaurant for maximum visibility, orienting the entrance and building signage toward large traffic volumes on 690. The tenant taking this space will have access to ample storage, a commercial kitchen, 75 dedicated parking spots, and the potential to build a second story event space for large parties.
The building itself, once you get past the faded exterior, is in excellent condition. The lobby is charming with loads of historic character. Beautiful marble panels and elegant dental molding line the walls. Impressive ornate doors open to the ready-to-lease first floor commercial space.
The second through the fourth floor offer approximately 40,000 sq. ft of updated commercial space available between $10-$12 per sq. ft. finished. Built to suit spaces are also negotiable depending on needs. Each of the floor plans offers plenty of storage, dedicated office and conference rooms and employee spaces to accommodate the majority of commercial uses.
The planned updates for the Krell Building include:
Updated windows and trim work
Sidewalk repair and improved site lighting
Sustainable improvements including the possibility of “Save The Rain” initiatives.
New Building Signage
The most exciting element of the renovation of the Krell Building to me is the influence its successful completion will have on the surrounding neighborhood. Planned updates to the sidewalk and lighting along the Franklin Street side of the building will improve walk-ability and encourage future development. Landscaping and outdoor seating will boost social interaction and could provide a link to residents and businesses in popular Franklin Square.
Upon meeting the team at Horn Companies, I was impressed with their dedication to improving more than just the building. Their excitement for the project was contagious. It is always a pleasure to meet people making a difference in our city and I couldn’t find a happier or more dedicated group if I tried.
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