{"id":31486,"date":"2018-12-13T14:41:50","date_gmt":"2018-12-13T19:41:50","guid":{"rendered":"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/?p=31486"},"modified":"2018-12-14T09:33:13","modified_gmt":"2018-12-14T14:33:13","slug":"owner-of-gross-electric-inc-buys-industrial-park-property-eyes-development-options","status":"publish","type":"post","link":"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/2018\/12\/owner-of-gross-electric-inc-buys-industrial-park-property-eyes-development-options\/","title":{"rendered":"Owner Of Gross Electric Inc. Buys Industrial Park Property, Eyes Development Options"},"content":{"rendered":"
\"\"
Joseph Gross owns Gross Electric Inc., shown here, in Queensbury\u2019s Carey Industrial Park. He recently purchased 25 acres in the park, not far from this facility.
Courtesy Gross Electric Inc.<\/figcaption><\/figure>\n

By Jill Nagy<\/p>\n

Joseph Gross, owner of Gross Electric Inc. in Queensbury, recently acquired a 25-acre parcel of industrially zoned land adjoining the Carey Industrial Park on Carey Road. <\/span><\/p>\n

It abuts a seven-acre parcel he already owns, giving him more than 30 acres of vacant land ready to be developed. Gross now owns the last two vacant lots in the approximately 100-acre industrial zone near Northway Exit 18. <\/span><\/p>\n

Gross said there has been some interest in developing the newly acquired land. He is willing to build to rent or to sell. He said he may build something on speculation or, if a tenant or buyer is interested, build to suit. <\/span><\/p>\n

However, \u201cnothing is inked yet,\u201d so, for now, the identity of any prospective developer remains confidential.<\/span><\/p>\n

\u201cWe need something so badly here,\u201d he said, and expressed the hope that a factory, warehouse, or similar job-creating entity will occupy the land. If there is a manufacturing facility that creates 100 jobs, \u201cI\u2019d like to see my name all over that.\u201d <\/span><\/p>\n

Over the long term, he said, \u201cI see Glens Falls, Queensbury and the Lake George area as big future growth areas.\u201d<\/span><\/p>\n

He pointed out that Exit 18 is exactly half way between Montreal and New York City that is an enticement for new business. In addition, the area has \u201ca good labor pool at a reasonable price.\u201d <\/span><\/p>\n

The paper mills that used to provide lifetime employment in the region are mostly gone, along with lumbering, he said A new project would create needed jobs.<\/span><\/p>\n

The location near the Northway is another advantage of his parcel, he said, especially for a business that requires a great deal of transporting. He said someone who acquired land elsewhere for a lower price would soon dissipate that advantage through greater transportation costs.<\/span><\/p>\n

For Gross, land speculation is a sideline to his main occupation as a large electrical contractor. He began Gross Electric Inc. in 1994, \u201cout of my living room in Queensbury.\u201d <\/span><\/p>\n

Today, the company employs several hundred electricians and has projects throughout northern New York state. The company is located in the Carey Industrial Park, not far from the land he recently purchased. <\/span><\/p>\n

\u201cI concentrate on what I am good at, electrical work, and [then] play with the land,\u201d he said. <\/span><\/p>\n

He is also \u201cplaying\u201d with an abandoned Ramada Inn, further north, near Northway Exit 21 that he owns. Gross said he may tear it down and build something else, possibly another motel.<\/span><\/p>\n

Gross Electric does electrical installations, high voltage cabling, termination and <\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

By Jill Nagy Joseph Gross, owner of Gross Electric Inc. in Queensbury, recently acquired a 25-acre parcel of industrially zoned land adjoining the Carey Industrial Park on Carey Road. It abuts a seven-acre parcel he already owns, giving him more than 30 acres of vacant land ready to be developed. Gross now owns the last […]<\/p>\n","protected":false},"author":89,"featured_media":31487,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"yoast_head":"\r\nOwner Of Gross Electric Inc. 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