Glens Falls breaks ground for $27M mixed-use housing project

GLENS FALLS, N.Y. (NEWS10) — Ground was broken on South Street in Glens Falls on Wednesday morning for a $27 million affordable housing development. The 70-unit development not only will provide the community with mixed-income housing, but it will also include spaces for SUNY Adirondack on the building’s first floor.

The five-story development includes an outdoor courtyard, fitness center, a fenced-in playground, and a surface parking lot. Awards from the New York State Department of Health’s Healthcare Education and Life-skills Program will also cover equipment and instruction costs in the space SUNY Adirondack will lease on the first floor.

“SUNY Adirondack celebrates Gov. Hochul’s unwavering focus on expanding access to affordable housing, improving lives and livelihoods through health care careers, and strengthening community vitality,” SUNY Adirondack President Anastasia L. Urtz said. “This important community development project will leverage SUNY Adirondack ‘s new $5M NYS Department of Health workforce training grant and support individuals to prepare for in-demand careers in health care.”

State officials said the apartments are for Individuals or families between 30% to 70% percent of the area median income, according to the state. With rental subsidies and service funding from the New York State Office for People with Developmental Disabilities, five apartments of the development are dedicated to people with developmental disabilities.

Another six apartments are reserved for the Empire State Supportive Housing Initiative’s homeless youth. The initiative is supported with rental subsidies and services from the New York State Office of Temporary and Disability Assistance, officials said.

The South Street Apartment development project is part of the Glens Falls Downtown Revitalization Initiative (DRI) award and is being constructed by Bonacio Development. Glens Falls Mayor Bill Collins said the apartments are an important addition to the stock of affordable housing.

“These 70 new affordable housing units and the associated commercial space are welcome additions to our thriving downtown,” Colins said. “They both complement and increase the momentum of the revitalization of the South Street neighborhood, catalyzed by our DRI project.”