Skip to main content
Enter search terms below…

Member News

City Advancing South Troy Waterfront Revitalization Plan



Mayor Patrick Madden announced the City of Troy in partnership with the Troy Industrial Development Agency (TIDA) will seek to transform the South Troy waterfront through New York State’s Brownfield Opportunity Area (BOA) Program. The BOA nomination application is an area-wide approach that will inventory brownfield sites, document their existing conditions, and identify potential reuse for the parcels. The application will be submitted to the NYS Department of State for its consideration in designating the South Troy Waterfront a BOA.
 
Mayor Madden said, “Unlocking the potential of the South Troy waterfront is critical to supporting the creation of local jobs, expanding our tax base, and development of economic opportunities in our neighborhoods. The Brownfield Opportunity Area program offers assistance to transform historical industrial sites for redevelopment, part of our comprehensive approach to reconnecting neighborhoods to the Hudson River and opportunities it offers to the public.”
 
The South Troy waterfront Brownfield Opportunity Area (BOA) generally includes properties between the Hudson River and First Street from the Menands Bridge north to Congress Street.
 
Key outcomes of a BOA nomination application include developing strategies to achieve revitalization, informing site clean-ups, identifying neat shovel ready sites and priorities for investment. Parcels within areas designated by the Secretary of State are also eligible for enhanced tax credits to offset a portion of eligible cleanup and development costs. Future New York State grant applications in the area will have additional points added to their scoring review.
 
Redevelopment of the South Troy waterfront was identified as a major reinvestment area in the ‘Realize Troy’ comprehensive plan. Brownfield sites make up approximately 85% of land along the Hudson River between Canal Avenue and Tyler Street. Approximately 75% of the area between Tyler Street and the Menands Bridge along the river also contains brownfield sites. Cleanup and remediation work has occurred in parts of both areas. Revitalization of the South Troy neighborhood also includes the construction of the South Troy Industrial Park Road which will route heavy truck traffic around existing neighborhoods and providing additional incentive to redevelop waterfront areas.
 
To learn more about the city’s BOA nomination application, the public is invited to attend a presentation on June 11th at 6:00 p.m. at the Osgood Neighborhood Meeting at TAUM, 392 2nd Street.

Local School Celebrates In-Person Opening with New Tradition (Rensselaer, N.Y.) - Students at the Doane Stuart school in Rensselaer gathered around the flagpole earlier this week to celebrate the start of the new school year with a new tradition! For the first time ever, they raised their own school flag! The flag depicting the nearly 50-year old…
Join us and learn how you and your family can benefit from The Catholic Funeral Plan®. Tuesday, October 12th 4-5 pm St. Agnes Cemetery - Menands or Tuesday, October 19th 4-5 pm Most Holy Redeemer- Niskayuna Reservations are recommended. Reserve your spot today for one of our complimentary Information Sessions. Meet our staff, enjoy light…
TROY (09/16/2021)—The Arts Center of the Capital Region is pleased to announce two new grant opportunities this fall. Nonprofits, or artists with a nonprofit sponsor, located in Albany, Rensselaer, and Schenectady Counties are eligible to apply for the Restart New York Regrant program and the Statewide Community Regrants program (formerly known as…
Sep
30
Transportation — by planes, trains, buses and ships — is a necessary component of a thriving economy. Learn how new transportation infrastructure,…
7:30 a.m. Check-in and Breakfast; 8 - 9:30 a.m. Panel Discussion
Oct
07
In consideration of the health and safety of our honorees, membership and the community, we have postponed the Van Rensselaer Awards Dinner due to the…
5:30 Cocktails and Networking; 6:30 p.m. Awards Program and Dinner
Oct
14
NetworkingPlus is an event designed to expand your connections, generate new leads, and promote your business. Networking will begin with lunch. You will…
11:30 a.m. - 12:00 p.m. Check-in and Lunch, 12:00 p.m. - 1:00 p.m. Networking