Ithaca, N.Y. — Downtown Ithaca can expect a new housing development on South Cayuga Street to open early next year.

The apartment building “Lofts@SixMileCreek,” opening at 217 South Cayuga Street, will house studio apartments, and one and two bedroom apartments.

Carolyn Peterson, former mayor of Ithaca, described the development as being part of “over a decade old vision for revitalizing downtown.”

“I don’t think you [Mayor Svante Myrick] were out of high school when we started,” joked Steve Bloomfield, the building developer. The project was started about 15 years ago.

“Ithacans are a really demanding bunch. We want things done, when we want it done. We want it done how we want it done,” said Mayor Svante Myrick.

The new building will house 45 energy efficient units and is described on the Downtown Ithaca website as a “sophisticated loft-style living masterpiece.”

As far as rent prices, you can expect the building to attract upper-middle class residents. Most of the lofts will have their own balcony or terrace and tenants will have access to the Cayuga Street Parking Garage.

“Built under green construction methods, these energy efficient, elegant apartments will have spectacular views along Six Mile Creek. Balconies and terraces will be available on most units,” a press release said.

Leasing information is projected to be available in November at IthacaLofts.com.

The ceremony ended with a (very brave) construction worker climbing a beam and topping off the building with an American flag.

“It allows more people to live in less space, take up fewer resources while still living a life that is high quality and enjoyable,” said Myrick.