The Daily Gazette
The Locally Owned Voice Of The Capital Region

Tech park dreams not quite reality

Text Size: A | A

Inside the Luther Forest Technology Campus, miles of new road are as wide as an interstate, neatly striped and nearly pristine. But their unblemished condition masks a troubled future for the LFTC. The LFTC Economic Development Corp. is supposed to pay the town of Malta nearly $400,000 a year to maintain those 5.5 miles of road, but the troubled nonprofit corporation is two years behind on those payments. Malta’s leaders want someone besides taxpayers to ...

You Must or Subscribe to Continue
subscribe to the Daily Gazette
Individual stories can be found and purchased from our Archives for $2.00

Enjoy this story? Share it!



June 20, 2013
11:14 p.m.

[ Flag Post ]

It's time to stop the corporate gravy train. The first thing these guys do is fight their local schools' tax levy. Malta is killing the quality of life in the community with their "pave it all" mantra. It's good to have GloFo in the capital district...but it never should have spoiled our forest and beautiful country life style.

June 21, 2013
12:51 a.m.

[ Flag Post ]

We've seen this movie before, no? It was called "Crossgates".

June 22, 2013
9:02 a.m.

[ Flag Post ]

This is a state problem, not a Global Foundries problem. Yes, they are the primary user of the roads, although not the only user as Sauaville claims. We use the athletic fields in their all the time.

Yes, they fought their assessment, but a) that has nothing to do with this infrastructure issue and b) who is to say that the towns' initial assessments were fair? At the end of the day, what other businesses in Malta pay for the roads to support their existence? Is Hannaford going to pay for the new traffic circle at Exit 11? Of course not.

Malta better not screw this up. In a state with little going for it economically, we need those 6,700 jobs. If you want to look at trees, there is a 6 million acre park a half hour to your north.