Troy officials, development corporation established to unveil design and style for 1 Monument Square

TROY, N.Y. (Information10) – Metropolis officials and the enterprise tapped to redevelop Just one Monument Square, the site of Troy’s outdated town corridor, are established to unveil the style and design for the venture Wednesday evening.

It is been around a 10 years considering the fact that the former city corridor was demolished, leaving powering a vacant eyesore in the center of downtown.

“And in this article we are in 2021, and nothing has occurred. I feel there’s been at the very least 4 or 5 different designs and tasks in area, but nothing’s appear forth yet, and with any luck , some thing will take place,” reported Harry Tutunjian, the city’s previous mayor.

Tutunjian was in workplace when the project initially began. Demolition on the former city hall started in 2010, and the town had attained an arrangement on a additional than $20 million redevelopment project.

“Market charge housing, retail, it was a fantastic project, and that was towards the conclusion of my term. My expression finished in 2011 and then shortly thereafter, in 2012, the programs went absent and the new administration went a diverse course,” Tutunjian discussed.

Since then, there have been a amount of unique programs, which include developing a cinema at the web-site. In 2019, the city tapped Hoboken Brownstone as the developer of the project, with the corporation and metropolis officials set to unveil their options Wednesday evening.

In a assertion, Troy Mayor Patrick Madden said the following on Wednesday’s presentation:

“We are fired up to convey the styles for 1 Monument Sq. to the community, acquiring worked closely with Hoboken Brownstone Organization and their layout team to develop a challenge that is pushed by the public’s vision for a vivid destination riverfront. This job will create on the $26 million Seawall Stabilization Undertaking and make a downtown gateway to our Riverwalk and waterfront.”

Mayor Patrick Madden, Troy

Tutunjian is hopeful the undertaking could be the next major piece in the continued revitalization of downtown, “I imagine it’ll be a good shot in the arm, we’ve noticed a large amount of good assignments happen in the City of Troy.”

The public is invited to attend Wednesday’s presentation, which will be held on the 9th flooring of the Hedley Developing, situated at 433 River Road.

Doorways will open up at 5:30 p.m. and encounter masks will be needed for everyone in attendance.

The presentation will also be streamed on the city’s YouTube web site.