The Town of Colonie Industrial Development Agency (IDA) intends to complete a Nomination Study in the Colonie Lincoln Avenue Brownfield Opportunity Area, a 370-acre industrial revitalization area characterized by six large sites. The primary objective of this project is to formulate strategies that build upon those found in the Town of Colonie Comprehensive Plan, the Capital Region Economic Development Council Strategic Plan, the Route 32 Linkage Study and other local and regional plans. The Town’s goal is simple; redevelopment of the industrial vacant and underutilized sites by analyzing the potential to attract exciting new high tech industries to one of the Town’s few remaining industrial zones.
The IDA hopes that the project will result in community and environmental benefits, including cleanup of contaminants that may enter tributary streams that flow to the Hudson River; creation of new high paying jobs resulting from high-tech and green infrastructure industries; the inclusion of recreational uses for Town residents; improved aesthetics in and around the project area; and the incorporation of some mixed-use development along main thoroughfares in the study area.
The Goal
The Colonie IDA announced it will share the cleanup and development plans for approximately 370 acres around the former Al Tech Specialty Steel plant (Al Tech) on Spring Street Road and Lincoln Avenue at an upcoming meeting.
Al Tech closed in 2002 after nearly a century in operation. The massive plant occupies 112 acres, making it the largest piece of the six-parcel Lincoln Avenue Revitalization Plan. The Town envisions the potential for this property to be used by environmental and technology companies. Additionally, this space would be ideal for larger construction companies. Our team has re-envisioned the truck routes and has made strides in making access to this site both truck and vehicle friendly.
Public Meeting held on July 31, 2019
Download and view the Colonie BOA public meeting presentation