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== Economy == [[File:SUNY Upstate Medical University, Upstate University Hospital.jpg|thumb|[[State University of New York Upstate Medical University]] located in Downtown Syracuse.]] Formerly a manufacturing center, Syracuse's economy has faced challenges over the past decades as industrial jobs have left the area. The number of local and state government jobs also has been declining for several years. Syracuse's top employers now are primarily in higher education, research, health care and [[service industry|services]]; some high-tech manufacturing remains. [[University Hill, Syracuse|University Hill]] is Syracuse's fastest-growing neighborhood, fueled by expansions by [[Syracuse University]] and [[State University of New York Upstate Medical University|Upstate Medical University]] (a division of the [[State University of New York]]), as well as dozens of small medical office complexes. === Micron Technology semiconductor mega-complex === {{See also|Micron Technology}} [[File:P20221027AS-0700 (52651187039).jpg|left|thumb|[[Joe Biden|Pres. Joe Biden]] tours [[Micron Technology|Micron]] exhibits with Gov. [[Kathy Hochul]], Micron CEO [[Sanjay Mehrotra]] and Sen. [[Chuck Schumer]], in Syracuse.]][[Micron Technology]] plans to spend up to $100 billion building a mega-complex of computer chip plants in [[Syracuse metropolitan area|Syracuse's northern suburbs]], about a 15-minute drive from [[downtown Syracuse]], in what would be the largest single private investment in [[New York (state)|New York]] history.<ref>{{Cite web |last=Weiner |first=Mark |date=2022-10-04 |title=Micron picks Syracuse suburb for huge computer chip plant that would bring up to 9,000 jobs |url=https://www.syracuse.com/business/2022/10/micron-picks-syracuse-suburb-for-huge-computer-chip-plant-that-would-bring-up-to-9000-jobs.html |access-date=2023-05-13 |website=Syracuse.com |language=en-US}}</ref> Micron Technology announced it will begin construction in 2024.<ref>{{Cite web |last=Vijayan |first=Neil |date=2023-02-13 |title=Micron announces 2024 start for construction on Clay semiconductor plant |url=http://dailyorange.com/2023/02/micron-announces-2024-start-for-construction-on-clay-semiconductor-plant |access-date=2023-05-13 |website=The Daily Orange |language=en-US}}</ref> Micron's [[Clay, New York|Clay]] mega-complex of [[memory chip]] [[Semiconductor fabrication plant|fabs]] would create up to 9,000 direct jobs and additional 40,000 supply-chain and construction jobs over the next 20 years in Syracuse area.<ref>{{Cite news |last=Lohr |first=Steve |date=2022-10-04 |title=Micron Pledges Up to $100 Billion for Semiconductor Factory in New York |language=en-US |work=The New York Times |url=https://www.nytimes.com/2022/10/04/technology/micron-chip-clay-syracuse.html |access-date=2023-05-13 |issn=0362-4331}}</ref> In Phase 1, the company will spend $20 billion to build its first plant, which it estimates will require about 5,000 workers for construction and initially employ about 3,000 manufacturing workers.<ref>{{Cite web |last=Muro |first=Joseph Parilla, Xavier de Souza Briggs, and Mark |date=2023-01-12 |title=In Central New York, a test of the CHIPS and Science Act's promise for economic revitalization |url=https://www.brookings.edu/research/in-central-new-york-a-test-of-the-chips-and-science-acts-promise-for-economic-revitalization/ |access-date=2023-05-13 |website=Brookings |language=en-US}}</ref> Micron's Syracuse investment was influenced by passage of the [[CHIPS and Science Act]]. Through the CHIPs and Science Act, [[United States Congress|Congress]] and the [[Biden Administration|Biden administration]] established a powerful investment platform with the potential to expand the region's productive capacity for decades. === Top employers === [[File:Upstate-Childrens-Hospital-2014.jpg|thumb|Upstate Children's Hospital at [[State University of New York Upstate Medical University|Upstate Medical University]]]] Top employers in the Syracuse region and the size of their workforce include the following:<ref name="ceo2017">[https://web.archive.org/web/20180709153810/http://www.centerstateceo.com/sites/default/files/October%202017%20Fact%20Sheet.pdf "Syracuse, New York Fact Sheet," October 2017. Centerstate Corporation for Economic Opportunity.] City of Syracuse website. Retrieved July 9, 2018.</ref><ref name=ceo2010>[http://www.ongov.net/about/majorEmployers.html "Major Employers," November 2010. Centerstate Corporation for Economic Opportunity.] {{Webarchive|url=https://web.archive.org/web/20180701164939/http://www.ongov.net/about/majorEmployers.html |date=July 1, 2018 }} Onondaga County website. Retrieved July 9, 2018.</ref> * [[State University of New York Upstate Medical University]]: 10,959<ref name=":2" /> * [[Syracuse University]]: 5,700<ref>{{Cite web |title=Facts, Figures and Rankings - Syracuse.edu |url=http://www.syracuse.edu/about/facts-figures-rankings/ |access-date=2023-05-12 |website=www.syracuse.edu |language=en}}</ref> * [[St. Joseph's Health (Syracuse, New York)]] ([[Trinity Health (Livonia, Michigan)|Trinity Health]]): 4,755 * [[Wegmans]] Food Markets: 3,713<ref name=ceo2010 /> * Crouse Hospital: 3,100<ref name=ceo2017 /> * [[Amazon (company)|Amazon]] 2,500<ref>{{Cite web |last=Moriarty |first=Rick |date=2022-09-22 |title=Amazon in Clay ramps up hiring as it prepares to ring in its first holiday season |url=https://www.syracuse.com/business/2022/09/amazon-in-clay-ramps-up-hiring-as-it-prepares-to-ring-in-its-first-holiday-season.html |access-date=2023-05-12 |website=syracuse |language=en}}</ref> * Loretto (elder care services): 2,476<ref>{{Cite web |title=Loretto |url=https://lorettocny.org/ |access-date=2023-05-13 |website=lorettocny.org}}</ref> * [[Lockheed Martin Corp.]]: 2,300<ref>{{Cite web |last=Moriarty |first=Rick |date=2023-02-17 |title=Lockheed Martin to hire 300 in Salina, swelling workforce to biggest in 10 years |url=https://www.syracuse.com/business/2023/02/lockheed-martin-to-hire-300-in-salina-swelling-workforce-to-biggest-in-10-years.html |access-date=2023-05-13 |website=syracuse |language=en}}</ref> * [[National Grid plc#United States operations|National Grid USA]]: 2,200<ref name=ceo2017 /> * [[Carrier Corporation]]: 1,552<ref name=ceo2017 /> * [[SRC Inc.|SRC Inc]] 1500<ref>{{Cite web |title=Datanyze |url=https://www.datanyze.com/browser-support/ie/index.html |access-date=2023-05-12 |website=www.datanyze.com}}</ref> * Syracuse VA Medical Center ([[Veterans Health Administration|Veterans Health]]): 1,400<ref name=ceo2010 /> * [[Baxter International|Baxter]] ([[Welch Allyn]]) 1000<ref>{{Cite web |last=Tampone |first=Kevin |date=2021-12-13 |title=Baxter International completes acquisition of Welch Allyn owner |url=https://www.syracuse.com/business/2021/12/baxter-international-completes-acquisition-of-welch-allyn-owner-hillrom.html |access-date=2023-05-12 |website=syracuse |language=en}}</ref> === Tallest buildings === [[File:HanoverSquareBuildings.jpg|thumb|[[State Tower Building]] on [[Clinton Square]]]] {{See also|List of tallest buildings in Syracuse, New York}} Since 1927 the [[State Tower Building]] has been the tallest in Syracuse. {| class="wikitable" |- ! Name ! Height ! Floors ! Use ! Built |- | [[State Tower Building]] | 95 m | 23 | [[Office building|Office]] | 1928 |- | [[AXA Tower I]] | 82 m | 19 | [[Commercial office]] | 1966 |- | [[AXA Tower II]] | 82 m | 19 | [[Commercial office]] | 1971 |} === Business districts === In addition to the dominant [[Destiny USA]] shopping mall in Syracuse's Lakefront neighborhood, many of the city's more traditional neighborhoods continue to have active business districts: * '''[[Downtown Syracuse|Downtown]]:''' [[Armory Square]] has replaced South Salina Street as the main retail and dining area of Downtown Syracuse. Armory Square has around 30 dining establishments, around 20 pubs, bars and clubs, and over 50 other retail stores. Similarly, but on a smaller scale, there is the [[Hanover Square, Syracuse|Hanover Square]] area. * '''[[Eastwood, Syracuse|Eastwood]]:''' Calling itself "the village within the city", this former village still has a retail corridor along James Street. * '''[[Little Italy, Syracuse|Little Italy]]:''' A neighborhood with Italian origins, Little Italy (part of the [[Near Northeast, Syracuse|Near Northeast]] neighborhood) has several blocks of bakeries, restaurants, pizzerias, shops, and services. Before large-scale Italian immigration, this neighbourhood was heavily populated by German immigrants.<ref>{{Cite journal |last=Koch |first=Daniel |date=2022 |title=Working-Class Germans in the Salt City: Syracuse, New York, 1860–1916 |journal=New York History |volume=103 |issue=2 |pages=361–376|doi=10.1353/nyh.2022.0043 |s2cid=257206983 }}</ref> *'''[[Sedgwick, Syracuse|Sedgwick Farms]]:''' An affluent neighborhood on the northeast side of the city near Eastwood containing many architecturally-distinct, large, classic homes including a [[Sears Home]]<ref>{{Cite web|last1=Wright|first1=Gloria|last2=Post-St|first2=The|last3=ard|date=May 28, 2011|title=Syracuse house, which came from a Sears catalog, is one of only seven of its kind in U.S.|url=https://www.syracuse.com/news/2011/05/syracuse_house_which_came_from.html|access-date=September 29, 2021|website=syracuse|language=en|archive-date=September 29, 2021|archive-url=https://web.archive.org/web/20210929212359/https://www.syracuse.com/news/2011/05/syracuse_house_which_came_from.html|url-status=live}}</ref> designed by many noted architects. The neighborhood has historically been home to city leaders, state politicians, and leaders in Syracuse's industry and economy. *'''[[Strathmore, Syracuse|Strathmore]]:''' A neighborhood on the southwest of the city that largely features well-maintained older, residential homes, including some designed by [[Ward Wellington Ward]]. There are several buildings listed on the [[National Register of Historic Places]]. The neighborhood is anchored by [[Hiawatha lake]] in [[Onondaga Park]]. * '''[[University Hill, Syracuse|University Hill]]:''' [[Marshall Street, Syracuse|Marshall Street]], along with its terminus South Crouse Avenue, is lined with stores, bars, and restaurants, primarily catering to the student population on "The Hill", as well as the over 25,000 people who work there daily. East Genesee Street at the northwestern corner of the neighborhood has several retail establishments, as well. * '''[[Westcott, Syracuse|Westcott]]:''' This neighborhood east of University Hill is inhabited by a wide variety of people, increasingly including some college students as the university grows but still primarily local families and residents. Single-family homes and two-unit apartments comprise the majority of housing. Westcott is known as a bohemian and liberal quarter, and each September hosts the Westcott Street Cultural Fair. The main business district is on Westcott Street between Beech and Dell streets and includes restaurants, bars, a consignment shop, and other businesses. <gallery mode="packed"> File:Armorysquaresyr.jpg|[[Armory Square]] File:Columbus Circle Syracuse.jpg|alt=|[[Montgomery Street–Columbus Circle Historic District|Columbus Circle]], Syracuse, NY File:FranklinSquare1.jpg|alt=|[[Franklin Square, Syracuse]] File:FranklinSquare2.jpg|Franklin Square File:136EGenesee.jpg|alt=|Buildings in [[Downtown]] File:Gere Bank Building.jpg|alt=|[[Gere Bank Building]] File:Hotel Syracuse, New York.jpg|alt=|[[Marriott Syracuse Downtown|Hotel Syracuse Downtown]] File:McCarthy building.jpg|alt=|[[South Salina Street Downtown Historic District]] File:Dey's Plaza Building.jpg|alt=|[[South Salina Street Downtown Historic District]] File:Amos Block Building.JPG|alt=|The [[Amos Block]] building in downtown </gallery>
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