Need Help? Call 518-434-2532 |

Albany IDA Project Index

Mount Hope Commons

Project Number: 01011809

Project Address: 351 Southern Boulevard

Applicant Name: 351 Diamond Development LLC

Owner(s): Kevin Parisi

Developer: Trinity Real Estate Group

Project Description:

The project consists of the renovation and new construction of six buildings at the project location. One existing building will house a 30,000 SF gym and another 16,880 SF existing building will create new retail space. A new 62,400 hotel and a new 17,889 SF retail strip will also be constructed. In addition, a smaller, new construction 2,344 SF building will be a retail building. Finally, a new 9,026 SF retail pad will be available for a car wash and convenience store.

Approval Date: 05/17/2018

Estimated Net Benefit to Local Taxing Jurisdictions (PILOT): No PILOT

Estimated Employment Impact: 30 Construction jobs and 150 full-time jobs created, 0 full-time retained

Project Documents

Project Documents

Meeting Materials

Meeting Minutes

Public Hearings

Project Images - Thumbnail Option

Click to enlarge