• Population - 458,336
• Working population - 353,100
• Transport & Logistics (airports, motorways & ports) - Interstate 81 and 90 intersect at Syracuse providing north/south and east/west access. In addition I481 and I690 circle the city providing easy commuting. The Syracuse International Airport is located 5 miles north of the CBD and is served by 6 airlines providing 71 non-stop flights to NE cities, Chicago, Atlanta and Orlando.
• Syracuse MSA GDP 2006 in million dollars:
  
  All industry total

  $24,362

  Construction

  $968

  Manufacturing - Durable goods

  $1,994

  Manufacturing - Nondurable goods

  $1,156

  Wholesale trade

  $1,667

  Retail trade

  $1,620

  Information

  $719

  Other services, except government

  $574

  Government

  $3,291

  Natural resources and mining

  $137

  Transportation and utilities

  $2,711

  Financial activities

  $3,522

  Professional and business services

  $2,523

  Education and health services

  $2,763

  Leisure and hospitality

  $717

  Information, communication and technology (ICT)

  $641

  Private goods - producing industries

  $4,239

  Private services - providing industries

  $16,832

  
  Source: Bureau of Economic Analysis, U.S. Dept of Commerce

   

Health / Life Science

Finance / Shared Service / Back Office

Environmental and Renewable Systems

Engineering / Advance Manufacturing

• General Background
  A portrait of Syracuse and Onondaga County reveals an area where natural beauty abounds. Nestled in rolling hills and picturesque scenery of forests and lakes, Syracuse is the perfect place to enjoy the four seasons. The area offers a variety of quality housing choices, excellent private and public schools, and world-renowned health care services.
• Tourist Attractions
  History and Art abound, with 17 museums, plus a recognized zoo, minor league baseball and hockey, 40 golf courses, and NCAA sports.
• Shops & restaurants
  Regional mall, Carousal Center offers over 1,000,000 sf of retail and dining choices, with another 1,000,000 sf opening in late 2009 or early 2010. Around town there are a variety of ethic, local, and chain restaurants to satisfy every pallet.
• House Prices
  Recently named by Forbes Magazine as one of the strongest housing markets in the US, the average price for a residential home is $123,000, 42% lower than the New York State average. Syracuse offers a variety of quality housing choices, from an upscale condominium in the heart of downtown, a traditional track home, a country haven, or waterfront property.
• Universities
  There are 35 colleges and universities within a 100 mile radius of Syracuse - including: Syracuse University, Lemoyne College, SUNY ESF, SUNY Upstate medical, and Onondaga County Community College within the city.

Governor Paterson announces Biotech Center

Governor David A. Paterson today announced a redevelopment plan for the Kennedy Square Apartment Complex in downtown Syracuse to jumpstart significant private sector development in the area and create an economic engine for the region. The plan includes the long-anticipated New York State Biotechnology Research Center as well as state of the art medical research, office and classroom space for SUNY Upstate Medical University.

Bitzers announces 300 Manufacturing Jobs to Syracuse

Governor Eliot Spitzer today announced that BITZER Scroll, a large independent manufacturer of air conditioning and refrigeration compressors, will create close to 300 high-end engineering and manufacturing jobs at a former General Motors (GM) facility just outside Syracuse in the Town of Salina.

"Water" marketing campaign begins

SYRACUSE, NY -- The Syracuse Economic Growth Council’s (SEGC) new marketing initiative promotes a prime Central New York resource whose demand from manufacturers throughout the U.S.—and magnified by recent events—is at a premium: water! Managed by the Onondaga County Office of Economic Development, it is part of the SEGC’s ongoing strategy to promote Central New York’s proximity to markets, world-class universities, outstanding workforce, superior quality of life and much more, to companies looking to expand or build new businesses.

G. A. Braun announces expansion at Hancock AirPark

Syracuse, NY – At a press conference held today at Hancock Airpark Daniel Gundersen, chairman of Upstate Empire State Development Corp. announced that G.A. Braun would relocate their Syracuse headquarters to Hancock Airpark with a completion date anticipated in 2008. Gundersen was joined by James B. Werner, president of G.A. Braun and local dignitaries to make the announcement that 80 jobs would be retained and another 40 jobs would be pledged over the next three years.

JP Morgan Chase and Syracuse University announce Financial Services Partnership

Building on its longstanding commitment to New York State, JPMorgan Chase today announced that it will invest $30 million over 10 years in an innovative university-industry partnership with Syracuse University to create a financial service technology and infrastructure curriculum and training program that will benefit students throughout the region. The partnership also includes plans for a new corporate technology center on the Syracuse University campus as well as scholarships and internships for students. This program will provide a training ground for new and diverse talent in financial services technology and infrastructure and create hundreds of new jobs in Syracuse and upstate New York.

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• Fiscal Incentives
  Qualified Projects in Onondaga County can be eligible for Empire Zone and or Empowerment Zone tax incentives. In addition, new projects that obtain LEED certification, can be eligible for additional property tax credits.

• Mary Beth Primo, Director
  Onondaga County Office of Economic Development
  421 Montgomery Street, 14F
  Syracuse, NY 13202
  315-435-3770
  www.SyracuseCentral.com
  
• Greg Hitchin, Business Development Manager
  Onondaga County Office of Economic Development
  421 Montgomery Street, 14F
  Syracuse, NY 13202
  315-435-3770
  www.SyracuseCentral.com
  Ghitchin@ongov.net