Albany IDA Project Index
Forty-Eightcc, LLC
Project Number: 0101 24 03
Project Address: 48 Corporate Circle Albany, New York
Applicant Name: Forty-Eightcc, LLC
Owner(s): Hoffman Enterprises
Developer: Hoffman Enterprises
Project Description:
The project involves the new construction of an approximately 93,000 SF warehouse on a vacant lot within the Corporate Circle Industrial Park.
Approval Date: 4/18/2024
Estimated Net Benefit to Local Taxing Jurisdictions (PILOT): $1,780,910
Estimated Employment Impact: The project is anticipated to create ten (10) permanent jobs and forty-eight (48) construction jobs.
Project Documents
Project Documents
- 4.18.2024 Approving Resolution Forty-Eightcc LLC Project
- 4.18.24 Resolution Confirming SEQR Determination Forty-Eightcc LLC Project
- 4.18.24 PILOT Deviation Approval Resolution Forty-Eightcc LLC Project
- 3.21.24 Public Hearing Resolution Forty-Eightcc LLC Project
- Forty-Eightcc, LLC - Application
- Forty-Eightcc, LLC - PILOT Agreement
- Forty-Eightcc, LLC - Uniform Agency Project Agreement
Meeting Materials
- IDA Board Meeting Materials 4.18.2024
- IDA Finance Committee Meeting Materials 4.10.2024
- IDA Board Meeting Materials 3.21.2024
- IDA Finance Committee Meeting Materials 3.13.2024
- IDA Finance Committee meeting materials 2.14.2024
Meeting Minutes
- IDA Regular Board Meeting Minutes 4.18.24
- IDA Finance Committee Meeting Minutes 4.10.24
- IDA Regular Board Meeting Minutes - 3.21.24
- IDA Finance Committee Meeting Minutes - 3.13.24
- IDA Finance Committee Meeting Minutes 2.14.24
Public Hearings
Project Images - Thumbnail Option
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