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Albany IDA Project Index

IndusPAD

Project Number: IndusPAD / 38 Corporate Cir

Project Address: 38-42 Corporate Circle Albany, NY 12203

Applicant Name: IndusPAD - Flair, LLC

Owner(s): Jitender Makkar

Developer: IndusPAD

Project Description:

The project involves the construction of a +/- 75,000 SF warehouse facility that will also include 5,000 SF of office space. The structure will serve as distribution facility for FYE, the tenant.

Approval Date: March 16, 2023

Estimated Net Benefit to Local Taxing Jurisdictions (PILOT): N/A - No PILOT

Estimated Employment Impact: 49 Construction jobs; 22 retained full time jobs and 13 new full time jobs

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