ONEONTA, N.Y. – Construction on a new $19 million affordable housing development in Oneonta is officially underway.
Dietz Street Lofts will be a mixed-use development that will create 64 apartments for families and artists in downtown Oneonta.
Kearney Realty & Development Group joined local leaders Friday at the site of the new complex, to break ground.
“There’ll be about 800 square feet for one bedroom, about 950 square feet for a two bedroom. Oversize ceilings, oversize windows, a lot of luxury finishes -- the building will have a rooftop terrace for the residents, an art gallery for the resident artists,” said Sean Kearney, vice president of the development group.
There will be 40 one-bedroom apartments, and 24 two-bedroom apartments in Dietz Street Lofts. Seven of the apartments will be fully adaptable for people with mobility issues, or with hearing or vision impairments. Another 42 apartments will give priority to tenants who are involved in artistic or literary activities.
The first floor of the complex will also be home to a Hartwick College educational facility called the Grain Innovation Center.
Construction on the entire development is expected to be complete by the end of 2023.