Albany IDA Project Index
Holland Ave. OZ, LLC (In Progress)
Project Number: 25 Holland Ave.
Project Address: 25 Holland Ave., Albany, NY
Applicant Name: Holland Ave. OZ, LLC
Owner(s): Simon Milde (28%), Tobias Milde (20%), Benjamin Milde (19%), Bill Hoblock (5%) and James Flood (28%)
Developer: Richbell Development
The project involves the construction of a +/- 67,132 SF market rate apartment complex containing 60 residential rental units with +/- 59 parking spaces on a +/- 1.2 acre site. Photos of the Project have been included in this package.
Estimated Net Benefit to Local Taxing Jurisdictions (PILOT): $3,296,051
Estimated Employment Impact: 115 Construction jobs and 2 Full-time jobs created