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Editorial: Plans for eyesore Alco looking pretty good

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Since the Alco plant in Schenectady shut its doors in 1969, that site along the river has been an eyesore, a quintessential urban brownfield. Finally, after so many years and false hopes, it is being restored and put to new, productive, mixed uses — just what this struggling city needs. Last week the first phase of redevelopment plans for the 60-acre site overlooking the Mohawk River was announced. It calls for a 100- to 150-unit ...

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comments

hodgkinst
April 25, 2012
10:15 a.m.

[ Flag Post ]

There is no evidence that indicates that development on 40+ acres of downtown riverfront land, which was given away for a song, would not have been developed without tens of millions in refundable tax credits to Galesi; whose relationship with local officials is too cozy.

ajames
April 25, 2012
10:31 a.m.

[ Flag Post ]

Oh yes, because developers have been lining up around the block for the opportunity to develop this land since 1969... Really???

hodgkinst
April 25, 2012
3:12 p.m.

[ Flag Post ]

the refundable tax credits that are being used were not authorized last year, they have existed for decades. i recall the previous owners of alco being less than organized and divided over the future of the site.

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