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Curry road plaza luxury apartments...for sure?
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bumblethru
May 12, 2016, 7:48am Report to Moderator
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Former Curry Road Plaza to become luxury apartment community
By Haley Viccaro May 11, 2016


ROTTERDAM — The former Curry Road Plaza in Rotterdam will be transformed into the Residences at Vista Square with 208 apartment units.

Real estate developer Richbell Capital, based in Saratoga Springs, plans to invest $28 million to redevelop the old plaza into a top-tier rental apartment community.

The Schenectady County Metroplex Development Authority board approved the plans during a meeting Wednesday evening.

The site will include eight residential buildings along with a clubhouse, outdoor swimming pool, coffee bar and fitness center, according to a news release from Metroplex. The building will have elevator service and inside parking.

Metroplex is providing a $350,000 grant toward demolition costs to remove vacant retail buildings now located at the 12-acre site. Asbestos is now being removed in the buildings with demolition scheduled to start in June.

“The redevelopment of this long vacant plaza has been a priority for the County Legislature and we’ve worked hard with our partners in the town to get to this day,” Schenectady County Legislature Chairman Anthony Jasenski said. “The Richbell team has exciting plans for this site and we are pleased to work with them to turn an eyesore into an asset for the town and county.”

Construction will also start this month on a 2,200-square-foot retail building facing Curry Road, according to Metroplex.

Richbell Capital is the developer, owner and manager of The Paddocks of Saratoga, a 420-unit luxury apartment community in Saratoga. The developer also did the Kensington of Halfmoon, a 200-unit luxury apartment community in the town of Halfmoon.

Also during the Metroplex meeting Wednesday evening, the board approved a $13.3 million plan to renovate the former Draper School in Rotterdam into the Draper Lofts with 113 apartments.

The Metroplex board also approved a 65,800-square-foot office and retail building at the Mohawk Harbor site in Schenectady.

The Galesi Group plans to invest a total of $25.2 million to construct the building. Construction is underway on the site off Erie Boulevard on the Rivers Casino and Resort at Mohawk Harbor along with a 206-unit apartment building. Plans there are include a 15-unit townhouse building and possible 50-unit condominium building along with a 50-boat-slip harbor and biking and walking paths.

http://www.dailygazette.com/ne.....-apartment-co/?dgzrg


When the INSANE are running the ASYLUM
In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. -- Friedrich Nietzsche


“How fortunate for those in power that people never think.”
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55tbird
May 12, 2016, 8:17am Report to Moderator
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I'm glad something is finally being done, but I question whether Luxury Apartments fit in that section of town, or in the town period.
Saratoga Springs is a FAR cry from Curry Road in Rotterdam...I wonder how long it will take the new residents to complain to the town board about the air horn going off at the fire station next door....


"Arguing with liberals is like playing chess with a pigeon; no matter how good I am at chess, the pigeon is just going to knock out the pieces, crap on the board, and strut around like it is victorious." - Author Unknown
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bumblethru
May 12, 2016, 8:34am Report to Moderator
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208 apts........ i'd have to guess that they've done traffic studies...yes?


When the INSANE are running the ASYLUM
In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. -- Friedrich Nietzsche


“How fortunate for those in power that people never think.”
Adolph Hitler
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buzz86us
May 12, 2016, 11:46am Report to Moderator
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another question.. who in Schenectady can afford a luxury apartment?
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joebxr
May 12, 2016, 11:46am Report to Moderator

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The PADDOCKS
Apartments Starting At $1350.
Kensington similar

and that's a fit for that location in Rotterdam...really????


JUST BECAUSE SISSY SAYS SO DOESN'T MAKE IT SO...BUT HE THINKS IT DOES!!!!!  
JUST BECAUSE MC1 SAYS SO DOESN'T MAKE IT SO!!!!!  
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Parent
May 14, 2016, 5:54pm Report to Moderator
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Quoted from bumblethru
208 apts........ i'd have to guess that they've done traffic studies...yes?


This was my thought also. An additional 200-400 cars in that area? I don't see that the current infrastructure supports that!
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HarryP
May 14, 2016, 9:11pm Report to Moderator

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NIMBYs


We are advised NOT to judge ALL Muslims by the actions of a few lunatics, but we are encouraged to judge ALL gun owners by the actions of a few lunatics.   Funny how that works.
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leggs9966
May 14, 2016, 9:21pm Report to Moderator
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  That wasn't vacant land with no buildings on it.  That was actually a large blight building for a long time ..  Why didn't the town do Eminent domain on it and sell it cheaply to a developer sooner ??

        
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HarryP
May 15, 2016, 1:00am Report to Moderator

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Quoted from leggs9966
  That wasn't vacant land with no buildings on it.  That was actually a large blight building for a long time ..  Why didn't the town do Eminent domain on it and sell it cheaply to a developer sooner ??

        


Nobody wanted to be responsible for the chemicals dumped into the ground left by the old cleaners that was there, and the print center.  Golub sold a large majority of it to the town years ago .. but the cleanup costs were astronomical.  It suddenly isn't an issue?  Dunno the answer to that one, but it did hamper development options.


We are advised NOT to judge ALL Muslims by the actions of a few lunatics, but we are encouraged to judge ALL gun owners by the actions of a few lunatics.   Funny how that works.
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leggs9966
May 15, 2016, 11:59am Report to Moderator
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Quoted from HarryP


Nobody wanted to be responsible for the chemicals dumped into the ground left by the old cleaners that was there, and the print center.  Golub sold a large majority of it to the town years ago .. but the cleanup costs were astronomical.  It suddenly isn't an issue?  Dunno the answer to that one, but it did hamper development options.

      
  
    I see what you mean. I did some searching on the Daily Gazette's website about the Curry Road Plaza site. Interesting..

     http://www.dailygazette.com/news/2009/feb/03/0203_curryrd/


   ROTTERDAM — Environmental contamination at the former Curry Road Shopping Center has caused a major snag in plans to redevelop the plaza.

Dan Polito, a principal with Polito-Columbia Properties LLC, said the contamination from a former dry-cleaning business has quashed plans to build 94 two-bedroom condominiums on the roughly 10 acres of town-owned land. He said these issues would cause liabilities that would make the project unfeasible unless the residential component was eliminated.

“We would have loved to do condominiums, because that is what really made the project,” he said recently. “We knew we’d run into too many issues.”

Polito said the environmental concerns could have been corrected with special equipment. But the added cost would have made the project too expensive, especially in a troubled economy.

Polito said his company will go back to the drawing board to design a project that will include only commercial buildings. Such development would face far less scrutiny by the state Department of Environmental Conservation because the people working and using commercial buildings wouldn’t have as much exposure to the property’s contamination as people living on site.

Commercial buildings also tend to have more impervious surfaces. DEC Spokesman Rick Georgeson said fewer fumes would permeate concrete and asphalt than lawn space. “There would have to be a higher level of cleanup for residential,” he said.

During the early 1980s, the 77,000-square-foot plaza supported a Kmart and several other businesses. When Kmart vacated the anchor store spot in 1989, it tried to sublet its space to Price Chopper, while the owners of the plaza attempted to lease the store to Hannaford Brothers. The companies engaged in legal sparring for more than five years until Price Chopper bought the property outright in 1996.

The Golub Corp., Price Chopper’s parent company, initially discussed moving offices to the plaza but faced difficulties during the planning process because of the property’s location on Curry Road. Instead, the badly deteriorated plaza remained largely vacant for nearly a decade until 2003, when Golub donated it to the town to establish a new government center.

But the town instead decided to offer the property for private development. Golub wasn’t opposed to the change of focus, but stipulated the property couldn’t be redeveloped by a competing grocer.

In April 2007, the town issued a request for proposals, including the issues affecting any project there, to about 80 companies. Although six companies responded, only three pitched redevelopment plans, including the Polito-Columbia proposal.

Among the three submitted proposals, only one included a plan that would use the property solely for commercial development. The Town Board selected the Polito-Columbia proposal in August 2007, when it agreed to allow Supervisor Steve Tommasone to negotiate a sale of the property with the developer.

Tommasone was dismayed the residential component of the project wouldn't work out. He said the town will allow Polito-Columbia to rework its plan, but would like to move forward on redeveloping the property this year.

“If they're still interested in doing something on the property … we’ll look at that,” he said Monday. “If we can't come to an agreement in short order, I’d consider asking the Town Board to reconsider some of the other proposals.”

Polito said the company has no timetable for producing a new plan for the property, and the state of the economy may further stall redevelopment efforts.

“We’re still trying to put something together there,” he said.
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HarryP
May 15, 2016, 7:02pm Report to Moderator

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But, supposedly it's all cleaned up enough for residential now?  And even better, for "clubhouse, outdoor swimming pool, coffee bar and fitness center" ??


We are advised NOT to judge ALL Muslims by the actions of a few lunatics, but we are encouraged to judge ALL gun owners by the actions of a few lunatics.   Funny how that works.
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