Reserve at Hudson Crossing

The Reserve at Hudson Crossing development for downtown Oswego. (photo provided) 

There has been a setback in Oswego’s downtown redevelopment plans.

Three downtown building projects in Oswego have been delayed. WSPY News spoke to Oswego Village Administrator Dan DiSanto regarding the latest updates on Tuesday morning. 

The $69 million multi-story Reserve at Hudson Crossing has been slowed.

DiSanto explains why.

When asked about the effects of the delay on the village’s public improvement projects in that location such as streets and utilities. DiSanto had this response.

He disclosed that the village has contract language with Shodeen for delays or failure to finish the project.

DiSanto said the only expense to the village taxpayers has been the engineer drawings for the public improvements. He added those drawings would be good for several years for any future redevelopment projects should the Shodeen project fail.

In the other two downtown projects, DiSanto explained the delays for a mexican style restaurant under ownership of Potter's Place developers and the three-story Imperial Investments commercial building at two former owned village properties down the street from the Shodeen development.

The Oswego Village Board meets next Tuesday at 6 p.m. at the village hall.