Medium PriorityHousingopen
Southport Corners Senior Housing Project Assignment
Summary
The IDA consented to assign its existing option agreement for the Southport Corners project to an entity controlled by Arbor Development. The $18 million project will bring 58 units of senior housing near Topps Plaza.
At a glance
- Total mentions
- 1
- Last 30 days
- 0
Discussed at 1 meeting in the last 60 days; most recently Sep 17, 2026.
Impact analysis
💰Financial impact
Property sale proceeds of approximately $190,000 to $200,000 to the IDA upon sale.
✅Who benefits
Seniors in Chemung County needing affordable or assisted housing options in a central location.
Mentions & discussions (1)
Related development
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