The Downtown Commision's goal for the study was to better understand the Downtown's economic productivity. It is clear from the value mapping and modeling that the Downtown is the tax productivity leader. This is good news for the City, but also great news for Onondaga County.
Another result of the study was that what works in Downtown, is also working for University Hill. In a way, Syracuse has two downtown, split by a highway- or it could be said, it is a "Tale of Twp Downtowns". This is not only true from a property tax standpoint, but also the retail tax production. In analyzing the retail taxes, the data showed that the retail tax productivity in Downtown far exceeds the taxes produced in retail environments like Destiny Mall.
Executive Director- Downtown Committee of Syracuse