December 12, 2017 Potential Sites Identified as Ripe for Industrial Development in Town of Halfmoon
Halfmoon, NY – A series of parcels in the northeast corner of the Town of Halfmoon have been identified as ripe for development – with potential uses ranging from manufacturing and light industrial to renewable energy and commercial – according to a feasibility study commissioned by the Saratoga County Prosperity Partnership and The Chamber of Southern Saratoga County.
Conducted by the LA Group of Saratoga Springs, the study explored 400 acres of land along the Routes 4 & 32 corridor bordered by the Hudson River and Canadian Pacific Railway, owned by eight private parties and one commercial entity. Within that location, dubbed the Area 3 Halfmoon Industrial Complex, a variety of “development envelopes,” ranging in size from 3 to 50 acres, were identified as offering prime opportunities to attract and support business growth. Another 87 acres would remain open as future green space, parkland, or for recreational use.
The availability of infrastructure – either currently in place or easily extended – is a critical factor in making the parcels suitable for development. Water is available in much of the area, with a further expansion planned for next spring, and the supply is more than adequate to service potential demands in excess of 1 million gallons a day. Sewer service requires only modest extension and also offers significant capacity, and electrical services from National Grid and NYSEG are already present, with natural gas capabilities readily able to be expanded.
The parcels also have easy access to multi-modal transportation options, including highway, rail, and the New York State Barge Canal. And, they are located near major manufacturers – just 3 miles from Momentive Performance Materials and 12 miles from GLOBALFOUNDRIES – and industrial sites.
“We are excited with the possibilities for stimulating industrial development that would attract new jobs and businesses, expand our tax base, and improve the quality of life for residents in the Town of Halfmoon,” said Kevin J. Tollisen, Supervisor of the Town of Halfmoon. “We appreciate the support and collaboration of the Saratoga County Prosperity Partnership and Chamber of Southern Saratoga County in spearheading this feasibility study, which offers a blueprint to inform discussions aimed at moving this initiative forward.”
“This study provide a roadmap to accelerate the attraction of jobs and investment to Saratoga County,” said Marty Vanags, President of the Saratoga County Prosperity Partnership, the county’s designated economic development agency. “We are excited to work with the Town of Halfmoon and Southern Saratoga Chamber through a public-private partnership to supply strategic guidance, technical assistance, and marketing support to prepare and showcase these properties to businesses.”
“The section of Halfmoon we call Area 3 has the potential to be an economic game changer for the Town, as well as neighboring Mechanicville and indeed all of Southern Saratoga County,” said Pete Bardunias, President of The Chamber of Southern Saratoga County. “We look forward to working with the Town of Halfmoon and the Saratoga County Prosperity Partnership to capitalize on the great potential of intermodal rail, canal and manufacturing options, creating environmentally and economically sustainable companies with good paying jobs, and spurring growth in our community.”
During a news conference at Halfmoon Town Hall, the Saratoga County Prosperity Partnership presented rebate checks totaling $8,700 to reimburse each stakeholder, including property owners and the Town of Halfmoon, for half of their costs toward the feasibility study. The Saratoga Partnership provided financial support and led the effort to secure funding for the study, obtaining a grant from National Grid.
“National Grid is committed to identifying and assisting with the development of shovel-ready sites that enable economic growth in the communities we serve,” said Laurie Poltynski, National Grid Regional Executive. “We appreciate the opportunity to underwrite this feasibility study, and stand ready to work with our partners in the public and private sectors to help advance this project.”
Armed with the feasibility study, the Town of Halfmoon will next discuss a number of issues critical to enabling development in the area, including infrastructure expansion, zoning and permitting. It will also work with the Saratoga County Prosperity Partnership to market the properties and seek funding to make the site shovel ready.
Halfmoon looks to land clean manufacturer in “Area 3”, Times Union, 12.12.17
Halfmoon targeting clean energy, tech firms for 400 acres on northeast side of town , Albany Business Review, 12.12.17
Study shows land parcels near Hudson River ripe for commercial development, Saratogian, 12.12.17
Study examines industrial potential of Halfmoon site Clean energy, manufacturing targeted, Daily Gazette, 12.12.17
New Study explores feasibility of industrial growth in Halfmoon, Spectrum News, 12.12.17