Sports grill expected to revitalize Capitol Plaza
Columbia Development and BBL Hospitality are investing more than $4.5 million to give Capitol Plaza in Rotterdam a facelift and bring their chain restaurant Recovery Sports Grill to the prime retail location.
Columbia and BBL Construction will demolish the existing structure built in the 1950s at the Capitol Plaza and build the sports-themed restaurant featuring 50 large-screen televisions and a large collection of sports memorabilia, including items connected to Rotterdam and Schenectady's sports history. Also, a second building is planned to be constructed and hold a bank, but due to ongoing negotiations the particular bank couldn't be revealed.
"Today we are here to announce a new beginning for this important site in the gateway to Rotterdam and a key building in a key corridor," said Susan Savage, D-Niskayuna, chairwoman of the Schenectady County Legislature. "This is a great retail location and the Recovery Sports Grill will make this key corner a destination within our county, and it will help to attract other retailers to Altamont Avenue and to Rotterdam."
Metroplex Development Authority is providing a $65,000 grant toward demolition costs, and the Rotterdam Industrial Development Agency is providing a $60,000 grant toward demolition and site work costs.
"We pride ourselves having an economic development almost every week in Schenectady," said Metroplex Chairman Ray Gillen. "It shows the momentum and the leadership position our economic development program has in upstate New York."
This is the seventh Recovery Sports Grill to be opened, and there is one located in Albany. There will be an immediate need for 30 employees with the possibility for more. The Capitol Plaza has been empty for almost four years.
"This project is important, because it creates jobs, it creates sales tax, it will create momentum in an exciting new venue in part of Rotterdam," said Savage. "It will clean up this site and make it a corner that Rotterdam and all of Schenectady County can be proud of once again."