UTICA – The sale of the former GE building at 1900 Bleecker Street has gone through.
Bowers Development out of Syracuse has purchased the building along with an adjacent lot for $400,000.
Plans call for demolition of the building and the construction of a new facility, ranging in size from 54,000-square-feet to 100,000-square-feet.
Earlier this year, the city of Utica received a $2 million grant from New York State for the redevelopment of the property. That money will help with asbestos removal and will assist in the construction plans.
Bowers Development hopes to attract industrial, manufacturing and distribution-type tenants.