Saratoga IDA OKs $4M in tax incentives for Malta urgent care center

The Business Review

Date: Thursday, January 26, 2012, 6:50am EST – Last Modified: Thursday, January 26, 2012, 7:40am EST

A planned urgent care center off Exit 12 of the Northway will receive more than $4 million in tax incentives, the Post-Star is reporting.

The Saratoga County Industrial Development Agency    also voted to provide a $185,000 grant toward the extension of sewer lines to the site, according to the Post-Star.

The new urgent care center is being built for Saratoga Hospital    and Albany Medical Center    .

The joint venture, known as Healthcare Partners of Saratoga Ltd., will employ 108 physicians, nurses, technicians and support staff—including 52 new positions—within the first three years of operation.

Columbia HPS LLC, the developer of the $19.3 million urgent care center and medical imaging practice, sought more than $4 million in tax breaks for the project. Columbia HPS is a subsidiary of Columbia Development    of Albany.

via Saratoga IDA OKs $4M in tax incentives for Malta urgent care center – The Business Review.

Shhh! Keeping Trader Joe’s news a secret wasn’t easy – The Business Review.

Restoration of Chasan Building and Proctor’s Theater Underway: Rensselaer announced an agreement with Columbia Development Companies to assume ownership of and begin work on Proctor’s Theater and the adjacent Chasan office building in Troy.

via RPI: News & Events – Looking Back at 2011 at Rensselaer.

Joe Nicolla, president of Columbia Development Cos. The deal: ShopRite returns to area after 20-year absence.

via Albany-area rainmakers behind some of the most transformative deals – The Business Review.

The Business Review by Michael DeMasi, Reporter

Date: Thursday, December 15, 2011, 6:33am EST

ShopRite is planning to open a Bethlehem, New York, store in 2012. Michael DeMasi Reporter – ShopRite Supermarkets plan to open its fourth store in the Albany, New York, region, this time at the new Vista Technology Campus in Bethlehem. The announcement will be made today by ShopRite, Columbia Development Co., BBL Construction Services LLC, and local and state elected officials. The 65,000-square-foot, full-service store is expected to open in 2012. The Vista Technology Campus is located at Vista Boulevard (Lagrange Road) off Route 85 in Slingerlands, a hamlet in Bethlehem. Columbia Development and BBL developed the 440-acre tech campus. ShopRite opened a store in Niskayuna in October, its first in about 20 years in the region. Another store is being built on Central Avenue in Albany, and the company is pursuing municipal approvals for a store on Central Avenue in the village of Colonie. ShopRite is owned by New Jersey-based Wakefern Food Corp.

http://news.rpi.edu/update.do

Rensselaer Polytechnic Institute announced today an agreement with Columbia Development Companies to assume ownership and begin work on Proctor’s Theater and the adjacent Chasan office building on Fourth Street in Troy.

The $14.4 million public-private project, including a $3.3 million Restore New York grant, is an important step in the further revitalization of downtown Troy, according to Rensselaer President Shirley Ann Jackson. The overall project consists of three components: The redevelopment of the Chasan building into office space, the redevelopment of the Proctor’s office building into office space, which includes the restoration of the Proctor’s façade, and the stabilization and environmental remediation of the Proctor’s Theater. Continue reading →

Sitterly Road facility to offer some emergency services

Daily Gazette, The (Schenectady, NY)-September 22, 2011

Author: CHRISTOPHER D. RINGWALD

Gazette Reporter

By next June or July, if your daughter sprains an ankle playing soccer at the Clifton Common or you have an allergic reaction to a bee sting, your family will have help at hand at Ellis Medicine’s Enhanced Urgent Care facility on Sitterly Road.

Ground was broken at the site Wednesday as a bevy of hospital employees, officials and politicians gathered around and praised the effort.

“Ellis has long provided care to the Clifton Park and Halfmoon area, and our commitment to meet the community’s growing health care needs continues with this project,” said Christine Cioffi, chairwoman of the Ellis Medicine board of trustees.

The facility will be a step up from the typical urgent care center in that it will have emergency room capacities, with trained doctors and nurses, emergency room features such as imaging and a full lab and special services such as general surgery and cardiology.

Continue reading →

Columbia Development Cos. will start a project involving the historic Proctor’s theater in downtown Troy within the next couple months.

Columbia will tackle the adjacent Chasan Building first and mothball Proctor’s, said Jeff Pirro, spokesman for Troy Mayor Harry Tutunjian.

The city cleared a hurdle Wednesday toward receiving up to $3.3 million of state money for the work. The properties are owned by Rensselaer Polytechnic Institute, in Troy.

Columbia aims to have the Chasan site ready to market by the end of this year or early 2012, Pirro said. The three-story structure has about 33,000 square feet of space.

After that, Columbia will turn its focus to Proctor’s, which is a 60,000-square-foot site.

“Whatever way that occurs, it’s still progress for downtown Troy, and we’re excited it’s moving forward,” Pirro said.

Columbia’s original plan called for demolishing Proctor’s, but the state would not give the grant money if that action was taken.

Columbia has since revised its plans to focus on trying to stabilize and save at least part of Proctor’s. If the stage house is saved, Columbia would build a 24,000-square-foot office/retail building next to it, according to plans.

The state says the total project will cost $14.4 million, though earlier estimates from Columbia had ranged as high as $25 million.