On March 18, 2021, the City of Ithaca received an application from 407 Holdings LLC for a Planned Unit Development (PUD) to be located at 407 Cliff Street. The applicant is proposing the adaptive reuse of the approximately 25,290-square-foot existing building from industrial/manufacturing to a mix of long-stay and short-stay residential use, a small conference and meeting room function, office spaces, maker spaces, and retail space along the street. The completed project is intended to provide the following benefits to the community:
(1) Adaptive reuse of a formerly industrial building including:
(a) Conversion of a legally nonconforming industrial use in a residential zone to a mix of uses, including residential, that are more compatible with the surrounding residential context.
(b) Renovation of the building exterior and site, including new facades, and exterior features that improve the aesthetics of the neighborhood and are more compatible with the surrounding residential context.