Town officials are shopping around for proposals to redevelop the town-owned Curry Road Shopping Plaza.
Three different proposals were presented to the town board June 28 and July 2 and 3 by local development firms.
The town acquired the 10-acre land parcel from the Golub Corp. for $1. The parcel still hosts the Golub Corp.'s print shop and Trustco Bank and abuts the Rotterdam District 2 fire station.
Supervisor Steven Tommasone said he wants to get the property back on the tax rolls as quickly as possible and expects to hold a meeting to discuss the town's options next week. He hopes a final decision will be reached at the board's meeting on Wednesday, Aug. 8.
It is imperative that we get this property back on the tax rolls as soon as possible, and more importantly put in place development that will be very attractive as this property is in the center of our town, Tommasone said.
All three proposals offer different uses for the property, but all three involve relocating the Trustco Bank and renovating " if not relocating " the Golub Corp.'s print shop.
Touhey Associates proposed relocating the Trustco Bank to align the building with Curry Road and build about 5,000 square feet of office or retail space. Touhey Associates would then like to build a 50,000 square-foot storage facility behind the office building. Touhey Associates operates various storage facilities in the Capital District including Spare Room 1 on Central Avenue, Spare Room 2 on Watervliet Shaker Road and Spare Rooms in Green Island and Glenville.
Columbia Development Companies and Polito Homes LLC proposed creating a mixed-use center with 94 condominium units, a portion of which would be reserved for senior housing. In addition, a portion of the land would be used for retail space, which would allow Trustco Bank to relocate and possibly have drive-through services.