SCHENECTADY — The Schenectady County Metroplex Development Authority approved a three-story office and retail building at Mohawk Harbor with a payment in lieu of taxes agreement during a meeting Wednesday evening.
The $25 million, 65,800-square-foot building will include ground-floor retail space with office space on the top two floors. Construction could start on the building as early as next month, according to David Buicko, CEO of Galesi Group.
“Underground parking takes a little longer,” he said. “But we would like to start in May and hope to be done within a year maximum.”
The building will have nearly 500 parking spaces with underground parking and a surface lot next to the building.
The building will be located toward the northern end of the site off Erie Boulevard adjacent to the Courtyard by Marriott hotel, which is currently under construction and expected to open this fall.
Viccaro, Haley. “Office, Retail Building Approved at Mohawk Harbor.” The Daily Gazette. N.p., 13 Apr. 2016. Web. 14 Apr. 2016.