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ITHACA - A Skaneateles developer has started work on a project that will build 29 homes on three acres of land near Cornell University in Ithaca.
"These college towns throughout the Northeast are really the places to do these kinds of 'urban infill' projects," says Toby Millman, president and owner of Agora Homes and Development, LLC. "These are the micro markets that a lot of the experts are talking about. There are some healthy pockets throughout the country right now."
The project, which Millman dubbed the Belle Sherman Cottages community, will construct 19 single-family detached homes and 10 townhomes on land at 808 Mitchell St. Crews started pouring footers on Aug. 23 for the first of the homes that will be owner-occupied.
The construction comes after Agora hosted a ribbon-cutting ceremony in June at a model home built at 101 Walnut St., which is a newly laid road that runs through the land at 808 Mitchell St. Homeowners will be within walking distance of Cornell University, so Agora is targeting buyers with ties to the institution, Millman says.
Workers will build the homes as Agora sells them...