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Albany IDA Project Index

Aeon Nexus Corporation

Project Number: 01011409

Project Address: 138 State Street

Applicant Name: Aeon Nexus Corporation

Owner(s): Omar Usmani

Developer: Columbia Development

Project Description:

The project consists of the acquisition and renovation of an existing 8,750 SF +/- building – consisting of 3 stories, a mezzanine and basement – into commercial office space.

Approval Date: 01/23/2014

Estimated Net Benefit to Local Taxing Jurisdictions (PILOT): $100,312

Estimated Employment Impact: 25 construction jobs and 12 full-time equivalent jobs created, 0 full-time equivalent retained

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