Subscriber login

Business
What you need to know for 07/23/2017

Metroplex green-lights 4 projects

Metroplex green-lights 4 projects

The Schenectady County Metroplex Development Authority approved four different projects across the c

The Schenectady County Metroplex Development Authority approved four different projects across the county at its monthly board meeting Wednesday night.

In Rotterdam, the board agreed to provide up to $250,000 in matching funds for the demolition of the long vacant Curry Road shopping plaza so that it is shovel-ready for development. The 12-acre site will undergo a $20 million redevelopment that includes two retail buildings and 180 units of senior housing.

“I am so pleased that we are taking another step in the demolition and cleanup of this longtime eyesore,” Schenectady County Legislature Chairwoman Judy Dagostino said in a news release issued Wednesday.

“By working together, we are moving closer to breathing new life into this site and creating something our community can take pride in.”

In the village of Scotia, the Metroplex board approved the sale of the former McDonald’s site at 25 Mohawk Ave. to Mazzone Management Group, which wants to use it as an overflow parking lot for Glen Sanders Mansion events. Eventually, Mazzone wants to put a retail bakery operation and other retail space at the site. Metroplex purchased the site for $1 and cleaned it up for $213,824.

Mazzone has agreed to purchase it for its appraised value of $240,000.

In Glenville, the Metroplex board approved increasing a previously approved $31,565 grant to $58,445 for a project that will connect sewer lines from Route 50 to the Schenectady County Airport and the county’s Airport Business Park. The project received a $284,090 grant through Gov. Andrew Cuomo’s Regional Economic Development Council process.

Bids for the project came in slightly over budget, so Metroplex agreed to cover the gap with a grant increase of $26,880. Work will begin this fall.

In Schenectady, the Metroplex board approved accepting a state grant of $325,000 for renovation work done at Key Hall over the past few years. Proctors purchased the building in 2010 and renovated it, but the grant funding wasn’t available until the project was completed.

View Comments
Hide Comments
0 premium 1 premium 2 premium 3 premium 4 premium 5 premium 6 premium 7 premium article articles remaining SUBSCRIBE TODAY

You have reached your monthly premium content limit.

Continue to enjoy Daily Gazette premium content by becoming a subscriber.
Already a subscriber? Log In