John Turner, Vice President,
Public Relations (607)
Cayuga Medical Center
Ithaca, New York
Cayuga Medical Center Purchases Carpenter
Business Park Property
be used for future development that aligns with the City of IthacaÕs Master
14, 2017 (Ithaca, NY) – Cayuga Medical Center announced
today that it has purchased the Carpenter Business Park from The Maguire Family
of Dealerships for $10 million. The purchase consists of 8.5 acres, with an option
for an additional 2.12 acres for a nominal price. The property is located along
Route 13 between Cascadilla and 3rd
Medical Center, our RegionÕs largest health care provider and the fourth largest
employer in Tompkins County, has been working with the City of Ithaca and a
developer, to create a plan that will align with IthacaÕs comprehensive plan and
enhance health care services. Those on-going discussions will produce a
comprehensive mixed-use plan for the Carpenter Park location that will invest
in the viability and sustainability of the community.
convenient access to our high quality health care services is a continuous
focus for us throughout the region. We are very pleased to work with Phil
Maguire and the City of Ithaca to purchase the Carpenter Park property. Over
the past several years, we have been committed to expanding our presence within
the City of Ithaca and developing a plan that will have a lasting benefit for our
patients and the community. At the forefront of the purchase of Carpenter Park
is working with Mayor Svante Myrick and his team to develop a plan that aligns
with the City of IthacaÕs vision for the future,Ó said John Rudd, President and
CEO of Cayuga Medical Center and the Cayuga Health System.
ÒThe City of IthacaÕs comprehensive plan calls for compact,
mixed-use development throughout the city that expands housing and retail
options for the public, and we look forward to working with Cayuga Medical
Center to achieve these goals at Carpenter Business Park. Urban agriculture is
another identified goal in the comprehensive plan, and we intend to work with
Project Growing Hope and Cayuga Medical Center to identify a collective
solution that will allow the Ithaca Community Gardens to expand and
thrive," said Svante Myrick, Ithaca Mayor.
the past several years, our Board of Directors has been focused on expanding
the presence of Cayuga Medical Center in the City of Ithaca. We were very
pleased when the Carpenter Park property along the Route 13 corridor became
available for purchase,Ó said Larry Baum, Chairman of the Cayuga Health System
Board of Directors.
planning for the Carpenter Park site will continue, with a detailed plan being
released at a later date. Part of the planning includes working with Project
Growing Hope to come up with a permanent plan that will sustain the community gardens.
In addition, the investment Cayuga Medical Center is making will create a mixed
use development that will benefit the vitality of the community for many years.