TCGplayer Developing New Headquarters in Syracuse, New York
07/31/2018
The renovation work will include upgrades to 44,000 square-feet of space inside of The Galleries of Syracuse building on South Warren Street, allowing the company to grow its eCommerce fulfillment service for collectible memorabilia. According to Governor Andrew M. Cuomo’s Office, TCGplayer's new headquarters will also feature a unique, interactive design that engages the community through a street-level view of its space and pop culture-themed work areas. The company has committed to providing more than 300 new and retained jobs in the region over the next 5 years. Construction is expected to be completed in the fall.
"As Central New York continues to transform, we are attracting innovative companies like TCGplayer to set place roots in the region, creating jobs and spurring economic development along the way," Governor Cuomo said. "We will continue our efforts to revitalize our communities to foster growth to keep Central New York rising for generations to come."
"The addition of TCGPlayer in downtown Syracuse proves that New York's investments in technology and community revitalization are helping cities expand and grow," said Lieutenant Governor Kathy Hochul. "The software company's headquarters will add hundreds of new jobs and boost the local economy in Syracuse and the entire Central New York region, further advancing the CNY Rising strategy."
In June of 2016, the Governor first announced $50,000 in funding available to TCGplayer from the CNY Rising Upstate Revitalization Initiative, as well as $300,000 in performance-based Excelsior Jobs Program tax credits. Due to the company's exponential growth, TCGplayer is now eligible for up to $2.4 million through the Excelsior Program and up to $550,000 will also be provided to the company through a Central New York Regional Council Capital Grant, tied to job creation commitments. Additional funding support was secured by Assemblyman William Magnarelli. The total cost of the renovation has been placed at more than $3.3 million.
Assemblyman William B. Magnarelli said, "Homegrown companies, such as TCGplayer, are critical to driving the future growth and revitalization of downtown Syracuse and Central New York. I'm very pleased to provide state support for the expansion of such an innovative company and I look forward to the continued turnaround of Warren Street into a true corridor of technology-driven businesses."
Empire State Development President, CEO & Commissioner Howard Zemsky said, "TCGplayer's decision to establish a headquarters in downtown Syracuse and grow its online marketplace and software business are supported by our strategic and regionally-focused initiatives and investments in urban cores that are bringing 21st century jobs and revitalization to cities across New York State."
Central New York Regional Economic Development Council Co-Chairs Dr. Danielle Laraque-Arena, President & Health System CEO, SUNY Upstate Medical University and Randy Wolken, President & CEO of the Manufacturers Association of Central New York (MACNY) said, "The regional council is fully committed to the future of Downtown Syracuse. By supporting TCGplayers' continued growth, we further our efforts to reinvigorate the area, creating a welcoming place for millennials, families and others looking to experience all that the area has to offer."
Project Announcements
ValorFlex Packaging Plans Bowling Green, Kentucky, Production Operations
06/30/2025
Neuro.io Plans Terrebonne Parish, Louisiana, Operations
06/30/2025
Germany-Based MTU Maintenance Expands Fort Worth, Texas, MRO Operations
06/30/2025
Cascade Die Casting Group Expands High Point, North Carolina, Manufacturing Operations
06/30/2025
BuildOps Plans Raleigh, North Carolina, Operations
06/30/2025
Point Blank Enterprises Plans Wakulla County, Florida, Operations
06/30/2025
Most Read
-
20th Annual Area Development Gold and Silver Shovel Awards
Q2 2025
-
First Person: Joe Capes, CEO, LiquidStack
Q2 2025
-
The Legal Limits of DEI in Incentives Agreements, Hiring, and Contracting
Q2 2025
-
From Silicon to Server: Mapping the Data Center Supply Chain
Q2 2025
-
39th Annual Corporate & 21st Annual Consultants Surveys: What Business Leaders and Consultants Are Saying About Site Selection
Q1 2025
-
Rethinking Life Sciences Site Selection in a Resilient and Dynamic Market
Q2 2025
-
Top States for Doing Business in 2024: A Continued Legacy of Excellence
Q3 2024