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New Name Unveiled for the Soon-To-Be Largest Incubation and Acceleration Space in New York State

  • CenterState CEO announced the INSPYRE Innovation Hub, a 90,000+ square-foot business incubator in downtown Syracuse, opening late summer 2025.
  • The hub follows years of regional economic stagnation and represents an expansion from the former Tech Garden amid growing local investment.
  • The $32 million expansion features additional levels, expanded shared work areas, a studio for podcast production, a makerspace, an event venue accommodating up to 200 guests, a rooftop terrace, and a designated area for drone testing.
  • CenterState CEO President Rob Simpson explained that the building’s new name represents the broadened scope of its entrepreneurial programs and embodies its role as a central gathering place for the expanding community of entrepreneurs in the region.
  • The INSPYRE Innovation Hub symbolizes Central New York’s economic comeback, supported by Micron’s $100 billion investment and expected growth surpassing the past 16 years combined.
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The Courier-TribuneThe Courier-Tribune
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New Name Unveiled for the Soon-To-Be Largest Incubation and Acceleration Space in New York State

CenterState CEO introduces INSPYRE Innovation Hub, symbolizing the regional economy's comeback after years of economic stagnation and decline

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TBNweekly broke the news in on Monday, May 5, 2025.
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