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Construction of online marketplace, software business HQ begins in downtown Syracuse

Construction of online marketplace, software business HQ begins in downtown Syracuse (CNYCentral Photo)

An online marketplace and software business is beginning construction of its new headquarters in downtown Syracuse, Gov. Andrew Cuomo's office announced Thursday afternoon.

Work on the new TCGplayer facility will include upgrades to 44,000 square feet of inside space of The Galleries of Syracuse building on S. Warren Street, allowing the company to grow its eCommerce fulfillment service for collectible memorabilia.

Cuomo's office said the new headquarters will also feature a unique, interactive design and has committed to providing more than 300 new and retained jobs in the region over the next five years.

"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," Gov. Cuomo said. "We will continue our efforts to revitalize our communities to foster growth to keep Central New York rising for generations to come."

TCGplayer is an online hub that builds applications and technologies to connect thousands of businesses with customers across the globe, powering sales through physical stores, websites, mobile apps, and the TCGplayer Marketplace.

Cuomo first announced $50,000 in funding available to TCGplayer in June 2016, as well as $300,000 in performance-based Excelsior Jobs Program tax credits.

The total cost of the renovation has been placed at more than $3.3 million.

Construction is expected to be completed in the fall.

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