Troy Proposal Gets Redesign (Times Union)
This story by Kenneth C. Crowe II was published in the Times Union on July 1, 2015 (page C2, Around the Region).
Above: Times Union, Wednesday, July 1, 2015, page C2 (Around the Region). Click to enlarge.
The story reported that the developers of 1 Monument Square had shrunk the project by about 10 percent, dropping 20 apartments and merging two buildings into one after issues with soil-bearing capacity and a water main. The estimated cost fell to $20 million to $23 million from the original $25 million, and the Planning Commission unanimously approved the preliminary site plan. The revised plan called for 80 to 85 market-rate apartments, a single six-story building and about 91 parking spaces. The Times Union reported that the project would continue to include the Troy Waterfront Farmers Market on the first floor, alongside space for a proposed restaurant — the market’s planned role as a ground-floor tenant.
“The project will continue to have the Troy Waterfront Farmers Market on the first floor along with space for the proposed restaurant.”
— Jeff Buell of Sequence Development, paraphrased in the Times Union