{"id":18464,"date":"2015-12-10T16:28:39","date_gmt":"2015-12-10T21:28:39","guid":{"rendered":"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/2015\/12\/as-bonacio-project-gets-under-way-head-of-edc-sees-significant-impact-on-downtown.html"},"modified":"2017-11-08T11:02:57","modified_gmt":"2017-11-08T16:02:57","slug":"as-bonacio-project-gets-under-way-head-of-edc-sees-significant-impact-on-downtown","status":"publish","type":"post","link":"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/2015\/12\/as-bonacio-project-gets-under-way-head-of-edc-sees-significant-impact-on-downtown\/","title":{"rendered":"As Bonacio Project Gets Under Way, Head Of EDC Sees ‘Significant Impact’ On Downtown"},"content":{"rendered":"
\n
\n\"bonacio\n<\/div>\n
\n

This rendition shows what the new building at 14 Hudson St. in Glens Falls will look like. Ed
\nBartholomew, president of EDC Warren County, says it will positively impact the downtown.\n<\/p><\/div>\n<\/div>\n

BY JILL NAGY<\/p>\n

Bonacio Construction broke ground in
\nNovember for its first major project in Glens
\nFalls, a $28 million mixed-use residential,
\ncommercial and retail facility at 14 Hudson
\nSt., adjacent to Glens Falls Hospital.<\/p>\n

The two-acre site is also close to the Glens
\nFalls Civic Center and a new parking garage.
\nLocal officials view it as a sign of a revitalization
\nof the city’s downtown.<\/p>\n

Ed Bartholomew, president of the Economic
\nDevelopment Corp. of Warren County,
\nhad been courting Bonacio for five years.<\/p>\n

“We have been working with Sonny Bonacio
\nsince 2010 to encourage him to have
\na look at our city,” he said. The development
\ndirector took him on a tour of the downtown
\nin 2012.
\nOnce he and Bonacio identified the site for
\nthe project, Bartholomew set about arranging
\nfor its acquisition from the hospital and also
\nmanaged to get $2 million in state funds for
\nrelated work.<\/p>\n

“It will have a significant impact on the
\ncity,” he said, beginning with a large number
\nof construction jobs, perhaps 70 to 80 at a
\ntime. He sees it as a “wonderful, transformative
\ntype of development for the downtown.”<\/p>\n

“We’ve been looking at Glens Falls for
\nyears,” said Larry Novik, director of business
\nfor Bonacio. “We like the sense of momentum
\nwe see there. We see the downtown getting
\nmore vibrant.”<\/p>\n

He noted that people “have a huge interest
\nin living downtown in a walkable environment.”<\/p>\n

The project will include 87 apartments,
\nmost of them one- or two-bedroom but some
\nlarger. Rents will begin at about $1,100 per
\nmonth, according to Novik.<\/p>\n

The ground floor will have some 30,000
\nsquare feet of retail space. On the second
\nfloor, there will be 12,000 square feet of commercial
\nspace as well as some apartments.<\/p>\n

The first apartments are expected to be
\navailable for rent next fall. The entire project
\nshould be completed in early 2017.<\/p>\n

The Galesi Group is partnering with Bonacio
\nConstruction on the project. The lead
\narchitect is Shawn Corp of Balzer & Tuck in
\nSaratoga Springs. Landscape design will be
\ndone by LA Group, also of Saratoga Springs.<\/p>\n

The project is going up on a lot formerly
\nused for hospital parking. However, it was
\nidentified as “underutilized property,” according
\nto Bartholomew, now that the new
\n507-space parking garage is open.<\/p>\n

The Bonacio project will provide some
\nstreet-level parking and additional parking
\nunder the building.<\/p>\n

Bartholomew said the Bonacio project is
\none of several recent projects revitalizing the
\nGlens Falls downtown. Glens Falls Hospital
\njust completed a $21 million modernization
\nproject. JUST Water recently converted the
\nabandoned St. Alphonso’s Church on Broad
\nStreet to a water bottling plant. A section
\nof Hudson Avenue was upgraded with new
\nwater and sewer lines, street lighting, and
\ndedicated bicycle lanes. And there is the new
\nparking garage.<\/p>\n

Bartholomew said plans for next year
\ninclude a countywide project to improve
\ncellphone, fiber optic and broadband service.
\nHe sees that as crucial to the health of small
\nbusinesses, restaurants, and businesses catering
\nto tourists. Some still have old-fashioned
\ndial-up service, he noted.<\/p>\n

He hopes to also see an updated traffic
\nstudy, especially for the area around
\nNorthway Exit 20, and the promotion of
\nwalking and bicycle routes from Route 149
\nto the Great Escape amusement park.<\/p>\n","protected":false},"excerpt":{"rendered":"

This rendition shows what the new building at 14 Hudson St. in Glens Falls will look like. Ed Bartholomew, president of EDC Warren County, says it will positively impact the downtown. BY JILL NAGY Bonacio Construction broke ground in…<\/p>\n","protected":false},"author":86,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[66,74,91],"yoast_head":"\r\nAs Bonacio Project Gets Under Way, Head Of EDC Sees 'Significant Impact' On Downtown - Glens Falls Business Journal<\/title>\r\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\r\n<link rel=\"canonical\" href=\"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/2015\/12\/as-bonacio-project-gets-under-way-head-of-edc-sees-significant-impact-on-downtown\/\" \/>\r\n<meta property=\"og:locale\" content=\"en_US\" \/>\r\n<meta property=\"og:type\" content=\"article\" \/>\r\n<meta property=\"og:title\" content=\"As Bonacio Project Gets Under Way, Head Of EDC Sees 'Significant Impact' On Downtown - Glens Falls Business Journal\" \/>\r\n<meta property=\"og:description\" content=\"This rendition shows what the new building at 14 Hudson St. in Glens Falls will look like. 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