
By Jill Nagy
The City of Glens Falls working with Bonacio Construction Co. of Saratoga Springs plan the redevelopment of Market Square, along South and Elm Streets in the downtown area.
The area includes the Farmers’ Market pavilion and three vacant buildings, two of which the city owns.
The Market Square project will complement the adjoining Market Center development. The city is working with Envision Architects of Albany to develop plans for a permanent home on South Street for the Farmers’ Market that will also serve as a community event center.
When the two projects are completed, they will form a two-block pedestrian-friendly space with commercial, residential and community spaces.
Bonacio was awarded the contract to develop the Market Square area last May. Larry Novik, the company’s business director, said plans are still very tentative.
He expects to renovate two city-owned buildings, the former Hot Shots Bar and an incubator building, along with a third building, the former Sandy’s Clam Bar, which Bonacio already owns.
Ground floor space will be dedicated to commercial use with office and residential uses in the upper floors, he said. Bonacio will also acquire the lot now occupied by the Farmers’ Market pavilion and construct a new building that may include a parking garage.
“We are in the early stages of working with them on a design” for the new building, Jeff Flagg, the Glens Falls economic development director, said.
When the work is completed, probably late in 2022, Bonacio will own Market Square. The details of how the developer will acquire the city-owned property will be negotiated, Flagg said. The cost of the project will depend upon the final design.







