Albany IDA Project Index
Freedom Springs Albany, LLC
Project Number: 0101 24 05
Project Address: 64 Colvin Avenue Albany, New York
Applicant Name: Freedom Springs Albany, LLC
Owner(s): Vecino Group New York, LLC
Developer: Vecino Group New York, LLC
Project Description:
The project involves the new construction of two 3-story buildings totaling +/- 115,800 SF. The mixed-use development will consist of 120 units of affordable housing and +/- 4,400 SF of commercial space.
Approval Date: 4/18/2024
Estimated Net Benefit to Local Taxing Jurisdictions (PILOT): $4,770,892
Estimated Employment Impact: The project is anticipated to create nine (9) full-time equivalent jobs and one hundred (100) construction jobs.
Project Documents
Project Documents
- 3.21.24 Public Hearing Resolution Freedom Springs Albany LLC Project
- 4.18.24 PILOT Deviation Approval Resolution Freedom Springs Albany Project
- 4.18.24 Commercial Retail Findings Resolution Freedom Springs Albany, LLC Project
- 4.18.24 Approving Resolution Freedom Springs Albany LLC Project
- 4.18.24 Resolution Confirming SEQR Determination Freedom Springs Albany LLC Project
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 Board Meeting Materials 2.22.2024
- IDA Finance Committee meeting materials 2.14.2024
Meeting Minutes
- 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 Board Meeting Materials 2.22.2024
- IDA Finance Committee meeting materials 2.14.2024