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Albany IDA Project Index

Centre Square LLC

Project Number: TBD

Project Address: 1233 Broadway, Albany NY

Applicant Name: Centre Square LLC

Owner(s): Richard Guido

Developer: Guido Development

Project Description:

The project involves the acquisition of two currently tax-exempt land parcels at 1233 & 1235 Broadway and the construction of twelve (12) market-rate residential units. The newly constructed building will total +/- 10,200 square feet.

Approval Date: October 23, 2024

Estimated Net Benefit to Local Taxing Jurisdictions (PILOT): $477,093

Estimated Employment Impact: The project is anticipated to create approximately 50 construction jobs.

Project Documents

Project Documents

Meeting Materials