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What you need to know for 12/14/2017

Grocery store a possibility at Mohawk Harbor

Grocery store a possibility at Mohawk Harbor

Developer sees need for nearby option
Grocery store a possibility at Mohawk Harbor
The Riverhouse Apartments wrap around the side of Mohawk Harbor in Schenectady, as seen in October 2016.
Photographer: PETER R. BARBER

A grocer could be coming to the Mohawk Harbor site to complement the apartments and offices opening this summer, Galesi Group CEO David Buicko said Thursday.

Buicko gave a presentation about the Mohawk Harbor development to area business and municipal leaders Thursday morning in the Electric City Innovation Center, a collaborative work space located on State Street. Following his remarks, he detailed what’s still to come on the 60-acre site.

The Galesi Group is the developer responsible for the $480 million project, which spans the stretch of land between Erie Boulevard and the Mohawk River. It includes luxury apartments, office and retail space, hotels and Rivers Casino & Resort.

The Riverhouse Apartments will offer 206 units when completed this summer. With that influx of residents, and the lack of a true grocery store in or near the Stockade, Buicko said he thinks some kind of grocer is needed.

“Unfortunately, for major grocers it’s too small of a market right now, but we’re looking at talking to a couple of boutique operations,” he said. “Hopefully we can attract something.”

There’s a Wal-Mart in Glenville a little less than two miles from the harbor site, and a Hannaford and Price Chopper situated about four miles down the road.

Construction continues daily on the harbor and is visible from Erie Boulevard. While the Courtyard by Marriott and casino have opened, the rest of the developments are likely to be completed by late fall.

The Riverhouse and One Harbor Center, which includes office and retail space, are expected to open around July. The apartment complex will feature retail space on its main floor. Druthers Brewing was announced in January as the first tenant.  

Riverfront townhouses and Two Harbor Center, which will also offer office and retail space, are on track to be completed by about October, Buicko said. Work continues on installing boat slips in the harbor itself, and on establishing a bike path on the site.

After that, he said, developers will step back and assess the market before moving forward with a second phase of work on the site.

“We’re creating something that’s never been done in the Capital Region. Is it a matter of do we need more retail? Do we need more office space if those fill up?” he said. “We’re going to see because you just don’t know how deep the market is.”

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