Albany IDA Project Index
Honest Weight Food Co-Op, Inc.
Project Number: 01011206
Project Address: 100 Watervliet Avenue
Applicant Name: Honest Weight Food Co-Op, Inc.
Owner(s): Over 8,000 shareholders who each hold an equal single share
Developer: Honest Weight Food Co-Operative, Inc.
Project Description:
The project consists of the demolition of an existing 41,100 SF industrial building and the construction of a new 30,700 SF natural foods grocery store. The new building is intended to offer owners and customers an inviting, functional and aesthetically appealing shopping experience, consistent with new competition entering the regional market. The 2.67 +/- acre property was purchased back in 2007 with the intent that it would serve as the future home of the Applicant. Since the purchase, the Applicant has been working towards commencement of the project.
Approval Date: 07/19/2012
Estimated Net Benefit to Local Taxing Jurisdictions (PILOT): $426,937
Estimated Employment Impact: 200 construction jobs and 30 full-time equivalent jobs created, 71 full-time equivalent retained
Project Documents
Project Documents
- Final Project Summary - Honest Weight Food Co-op
- PILOT Agreement - Honest Weight Food Co-op
- Approving Resolutions - Honest Weight Food Co-op
- Application - Honest Weight Food Co-op
- PARIS Report - Honest Weight Food Co-op
Meeting Materials
- IDA Finance Committee Materials 5.24.12
- IDA Board Materials 5.31.12 PT1
- IDA Board Materials 5.31.12 PT2
- IDA Board Materials 5.31.12 PT3
- IDA Board Materials 5.31.12 PT4
- IDA Board Materials 6.14.12
- IDA Board Materials 6.21.12
- IDA Finance Committee Materials 7.11.12 PT1
- IDA Finance Committee Materials 7.11.12 PT 2
- IDA Board Materials 7.19.12
Meeting Minutes
- IDA Finance Committee Minutes 5.24.12
- IDA Board Minutes 5.31.12
- IDA Finance Committee Minutes 6.14.12
- IDA Board Minutes 6.21.12
- IDA Finance Committee Minutes 7.11.12
- IDA Board Minutes 7.19.12
Public Hearings
Project Images - Thumbnail Option
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