City Station North II 2018

CSN project: 141 Congress Street, Troy, NY, $40M infill urban redevelopment project; advancing revitalization of this underutilized site. Project includes: Demolition - 65,000 sf. vacant building New Constrution consisting of mixed use building including; onsite surface and garage parking, which is an essentail infrastructure to attract new business in downtown Troy Class A Office - full flexibility to attract large companies or multiple small companies Market Rate apartments - 87 premium apartments for workplace professionals desiring urban lifestyle with a plethora of amentities including a rooftop terrace with garden areas Impact of CSN project will accelerate the transformation of this distressed site, futher linking this redevelopment area to Troy s central business district, which is a priority of the City s Master Plan.Expected outcome will be the ripple effect and economic vitality created from bringing in new residents and businesses to this urban area which will produce increase to sales tax, and stimulate future interest and ongoing investment to Troy s Urban Core.
Program Name:
Empire State Development Grant Funds
Agency ID:
ESD
Applicant Name:
City Station North II, LLC
Region:
Capital District
CFA Number:
83839
Round Number:
8
Round Key:
8
CFA Award Amount:
$1,700,000
Grant Money Disbursed to Date:
$0

Project Status:
GREEN
Anticipated Completion Date:
Contract Executed:
 
PROJECT STATUSES
Blue - Complete Green - On Schedule Yellow - Progressing Slowly Red - Concerns Pending Orange - Contract Not Executed Black - Cancelled/Declined