What is the latest status of the project “Theory Ithaca”?

The status recorded for “Theory Ithaca” is Under Construction.

Who are the main government, EPC, and private stakeholders for “Theory Ithaca”?

Taiyo maps the stakeholders of “Theory Ithaca”: EPCs/contractors (Purcell Construction).

What is the budget and commercial profile for the project “Theory Ithaca”?

Taiyo normalizes the budget of “Theory Ithaca” to USD 125000000.

Where can I verify the source and access all details for “Theory Ithaca”?

This Taiyo project page references The Ithaca Voice along with the original URL (https://ithacavoice.org/2025/05/gallery-whats-under-construction-around-the-rest-of-ithaca-in-spring-2025/). Taiyo standardizes official data into a consistent, searchable project profile.

Theory Ithaca

Sector: Education • Location: Ithaca, New York, United States

Source: The Ithaca Voice

Project

Under Construction

Theory Ithaca is a large residential development under construction at 403 East State Street in Ithaca. The 391,500 square-foot building will have 371 units and 518 beds, targeting graduate and professional students. Amenities include rooftop terraces, study lounges, a luxury fitness center, and access to Six Mile Creek. The estimated construction cost is around $125 million, with $87.3 million fr

Status: Under Construction
Sector: Education, Residential, Commercial, Road
Location: Ithaca, New York, United States of America
Updated: 22 Jul 2026
Source: The Ithaca Voice

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Project Information

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The project “Theory Ithaca” is an infrastructure initiative in the Education sector, located in Ithaca, New York, United States. Taiyo aggregates data on it from The Ithaca Voice.

Participants

Company

Status

Original status	Under Construction
Taiyo status	Under Construction
Taiyo last update	2026-07-22

Contact

Not available for this record.

Description

Description	Theory Ithaca is a large residential development under construction at 403 East State Street in Ithaca. The 391,500 square-foot building will have 371 units and 518 beds, targeting graduate and professional students. Amenities include rooftop terraces, study lounges, a luxury fitness center, and access to Six Mile Creek. The estimated construction cost is around $125 million, with $87.3 million from a multi-lender loan. Construction began in winter 2024-2025 with site prep and foundation work underway.
Original sector	Development + Real Estate
Budget

Location

Country	United States of America (USA)
State	New York
City	Ithaca

Source

Source	The Ithaca Voice
URL

More Details

Record type	Project
Sector	Education, Residential, Commercial, Road
Article published date	2025-05-26

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