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Oswego Mayor Billy Barlow announced today the re-opening of the historic Cahill building in the City of Oswego.
The Cahill Landing project includes the restoration of the historic Cahill building into an upscale waterfront residential apartment building in Downtown Oswego. This project was completed in partnership with the City of Oswego, New York State Department of State (DOS), Empire State Development (ESD), NYS Office of Parks, Recreation and Historic Preservation (OPRHP), and local developer Anthony M. Pauldine.
The Cahill building is the oldest commercial building in the City of Oswego, built in 1828 is now a luxurious waterfront residential apartment building in downtown Oswego after being completely rehabilitated by local developer Anthony Pauldine. The Cahill building has sat vacant and abandoned since September 2008 after Coleman’s Irish Pub abruptly closed and left the building to fall into disrepair. Over the years, several grassroots organizations and citizens circulated petitions to save the historic building as its condition continued to deteriorate.
In 2015, Camelot Lodge, LLC owned by local developer Anthony Pauldine purchased the building and began investing to repair and renovate the building. In 2016, the City of Oswego was one of 10 communities selected for the $10 million Downtown Revitalization Initiative in Round 1. The Cahill Landing project was identified as one of the priority projects in the Strategic Investment Plan, and during the Summer of 2017, the project to restore the Cahill building received a $700,000 grant from the City of Oswego’s Downtown Revitalization Initiative to fix the existing structure and build an additional building for commercial space on the property. The original building now restored consists of 7 upscale residential units, ranging from $2,000 to $2,400 per month, all but two of which have already been leased. The additional commercial building is scheduled to open in May 2019. Anthony Pauldine will have invested $2.1 million in over three years to bring the deteriorated historic building back to life.
“The Cahill building is an important historic site in the City of Oswego and it is incredible we’ve been able to work with Mr. Anthony Pauldine, secure grant funding and assist with the complete rehabilitation of this important structure. This building is so important to so many people here in the City of Oswego, as we saw with the petitions to save the building and the significant amount of public concern over it’s future,” Mayor Barlow said. “Thanks to Anthony Pauldine and the funding the City of Oswego and the State of New York have been able to provide, we all worked together to keep this building standing and offer quality residential living in one of the most historic and impressive buildings in downtown Oswego. This is a true success story and I am excited to be here to watch the property enter a new chapter as an upscale waterfront residential apartment building,” Barlow continued.
Anthony Pauldine, local developer said, “Being that I was born and raised in Oswego, my heart and soul are here. The majority of our investment has been in the downtown. When the opportunity came up for the Cahill building, we felt our company was the only one that could save it and bring it back to its former glory. The three-year project has truly been a labor of love and I am pleased and honored to have been able to be a part of it. This incredible transformation would not have been possible if not for the continued vision and partnership of Mayor Barlow and other community officials.”
New York State Secretary of State Rossana Rosado said, “The reopening of the historic Cahill building is an example of what Governor Cuomo’s Downtown Revitalization Initiative is all about. The restoration of this important building for residential and commercial uses will not only bring new residents and businesses to the city, it will also strengthen the downtown’s unique character and history. Oswego’s rich past is a catalyst for future economic vitality. I congratulate Mayor Barlow and the city of Oswego for this achievement, and we stand ready to continue to support redevelopment of downtowns across New York State.”
Daniel Mackay, Deputy Commissioner for Historic Preservation at the NYS Office of Parks Recreation and Historic Preservation, said: “The NYS and National Registers listed Cahill Building joins hundreds of buildings upstate that have recently been adaptively reused with the assistance of Historic Tax Credits. The completion of this project demonstrates that the assets from our past can create pathways to our future.”
