rebirth of schenectady - galesi properties

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SCHENECTADY, NY

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Page 1: Rebirth of Schenectady - Galesi Properties

SCHENECTADY, NY

Page 2: Rebirth of Schenectady - Galesi Properties

One of the most distressed downtowns in upstate New York

Migration of downtown businesses to the suburbs

GE still shedding manufacturing jobs

Political stalemate at the City and County levels

Economic development process stalled

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845 Broadway – YMCA Housing

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Future Development

Waterfront Mixed Use Lifestyle Center

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Design

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Site Plan

1. Retail/Office - 30,000 SF

10,000 SF/FLR (3 Floors)

2. Retail/Office – 60,000 SF

20,000 SF/FLR (3 Floors)

3. Hotel – 124 Rooms

80,000 SF

4. Residential Units – 35,000 SF

15 Units

5. Condominiums - 100,000 SF

50 Units

6. Apartment/Retail - 295,180 SF

Retail - 35,191 SF

Residential - 206 Units

7. Retail - 20,000 SF

8. Residential/Retail

Retail - 18,000 SF

Residential - 39 Units

9. Residential/Retail

Retail – 14,000 SF

Residential – 80 Units

10.Hotel - 109,000 SF

185 Room

11.Casino - 160,000 SF

12.Parking Garage

96,000 SF/FLR (5 Floors)

13. RPI

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Harbor Center

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Retail along Riverside Blvd

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Courtyard by Marriott – 124 Rooms

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The Waterfront - 15 Townhomes

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Harbor Point - 50 Condos

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The Riverhouse - 206 Apartments

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Ground Level of Apartments - Retail

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Rivers Casino and Resort

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Rivers Casino Along the River

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•Harbor access for 46,000 boaters each year

passing the site via the Erie Canal

•Multi-modal access by road, bike, river, rail,

and air

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Galesi Group Real Estate 695 Rotterdam Industrial Park

Schenectady, NY 12306 518-356-4445

www.galesi.com