Vista Park is expected to create thousands of new jobs when complete, with a high percentage of the companies moving in to be technology driven, similar to the proposed Sematech and Advanced Micro Devices projects in other areas of the Capital District.
"The developer of this project has determined that 80 percent of new business will be high tech and office space, and 20 percent only retail," said Kyle Kotary, town board member.
Kotary said the project timeline fits with when technology-based companies will be ready to locate in the area in 2009 and 2010.
"This project will be a success no matter of Sematech and AMD," Kotary said.
Vista Park will be Bethlehem's first mixed economic development district, or MEDD, meaning the development will include residential neighborhoods along with retail and office development.
"This gives us our first test of our MEDD district," Kotary said.