TROY, N.Y. (News10) – City officers and the firm tapped to redevelop A person Monument Sq., the website of Troy’s previous city hall, are set to unveil the design for the venture Wednesday night.
It is been more than a decade because the previous town corridor was demolished, leaving behind a vacant eyesore in the center of downtown.
“And right here we are in 2021, and nothing at all has happened. I imagine there’s been at the very least four or five diverse options and jobs in area, but nothing’s come forth however, and ideally one thing will happen,” mentioned Harry Tutunjian, the city’s former mayor.
Tutunjian was in place of work when the task first started. Demolition on the former metropolis hall began in 2010, and the metropolis had attained an settlement on a extra than $20 million redevelopment project.
“Market price housing, retail, it was a great job, and that was in direction of the end of my term. My term ended in 2011 and then shortly thereafter, in 2012, the strategies went absent and the new administration went a distinct path,” Tutunjian described.
Given that then, there have been a amount of distinct options, which includes setting up a cinema at the web site. In 2019, the town tapped Hoboken Brownstone as the developer of the project, with the corporation and city officials established to unveil their programs Wednesday night.
In a assertion, Troy Mayor Patrick Madden said the pursuing on Wednesday’s presentation:
“We are energized to provide the types for A person Monument Sq. to the general public, getting labored carefully with Hoboken Brownstone Enterprise and their style crew to develop a challenge that is pushed by the public’s eyesight for a lively place riverfront. This venture will develop on the $26 million Seawall Stabilization Project and create a downtown gateway to our Riverwalk and waterfront.”
Mayor Patrick Madden, Troy
Tutunjian is hopeful the undertaking could be the following major piece in the continued revitalization of downtown, “I think it’ll be a wonderful shot in the arm, we have viewed a whole lot of great jobs transpire in the City of Troy.”
The general public is invited to attend Wednesday’s presentation, which will be held on the 9th flooring of the Hedley Setting up, located at 433 River Avenue.
Doorways will open at 5:30 p.m. and confront masks will be necessary for every person in attendance.
The presentation will also be streamed on the city’s YouTube web page.