Friday, 27 January 2017 10:16

Grow West: 10 Buildings; 5 Story Hotel; 400+ Residential Units

By | News

SARATOGA SPRINGS — Ten new buildings, a five-story hotel, more than 400 residential units and nearly 30,000 square feet of retail space may soon rise from the rustic landscape of the city’s west side. The city’s Land Use boards are evaluating two projects that seek to develop a stretch of vacant land from the south end of the Saratoga Springs train station to Washington Street/ Route 29, and just west of West Avenue.

“You are looking at significant development,” said Bradley Birge, administrator of planning and economic development for Saratoga Springs. The Station Park project, which would be built out over five phases, calls for two buildings to be dedicated as a mixed-use space with each building housing 36 residential units, and a total of 22,000 square feet of retail space.

The 72 residential units would be for-sale condominiums, said Lou Giardino, chief development officer of the project for Top Capital of New York. The Rochester-based firm has secured a purchasing option on the 17 acres of the land where it would develop the $80 million project, if the city grants its approval. Additional development would include two buildings - each providing 57 units for senior housing and 33 units for senior assisted care, a 110-to-120 unit five-story hotel and spa, a pool and fitness center, and a free-standing building with an additional 6,200 square feet of retail space. Nearly 600 parking spaces would span across the location to cater to residents, retail workers and shoppers. “We’re anxious to get started,” said Giardino. “We have to go through the process and it’s contingent upon approval, but we’re excited about it.”

The second proposal, submitted by the Missouri-based Vecino Group seeks to develop one three-story building and three four-story buildings to stand just east of the Station Park proposal and near the Washington Street post office. The 160 apartment units contained within seem to fall in the “workforce,” or “affordable” housing categories, although detailed information has yet to be released and phone calls made to the Vecino Group and their local partners at the LA Group that sought comment about the project proposal were not returned. “They’re two separate and very independent projects coming forward at the same time,” said Birge. “They don’t come as a partnership, but we’ve tried very hard to encourage them to collaborate and at least share their plans (with each other) so that we can approach them in a comprehensive manner.” “We’ve met with the Vecino Group and support their project,” Giardino said.

According to city officials, two additional firms are also currently readying proposals for further development in the immediate vicinity of the Station Park project, although the size and scope of those two potential projects are not currently known as those plans have yet to be submitted to the city. The west side build-up is intentional and by design, said city Mayor Joanne Yepsen. “When we updated our Comprehensive Plan – the first new one in the city in 14 years – we identified West Ave as a growth area, along with Weibel Avenue and South Broadway,” the mayor said. “We’ve also been proactive in looking for a partner who would be involved in affordable housing.”

The Vecino Group project would seem to answer some of the city’s affordable housing needs. The West Avenue corridor has witnessed an increase in development over the past dozen years. In 2004, a $6 million renovation project was conducted at the Saratoga Springs Train Station. Three years later, The YMCA of Saratoga opened its $10 million, 75,000-square-foot community and fitness center 1/4 mile south of the Saratoga Springs Junior-Senior High School. And in 2009, Empire State College completed its Center for Distance Learning facility at its West Avenue property, located a few yards from the college’s graduate studies and international programs building, which was built in 2004. 

 

- Thomas Dimopoulos

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