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Schenectady
Tuesday, April 16, 2024

Construction of Mohawk Harbor arena set to begin next month following crucial zoning approvals

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⁢ NEW ARENA COMING TO SCHENECTADY

Exciting news for‍ Schenectady as the Mohawk Harbor ⁣arena‌ project is set to break ground in mid-January after receiving key approvals from the Schenectady ⁢Board of ​Zoning Appeals Wednesday night.

‍ ⁤ The company behind the project, Maxon Alco Holdings, LLC, a subsidiary of the ⁣Galesi Group, ‍is anticipating final approval at a Planning Commission ⁤meeting next week.

⁤ The⁣ project, which calls for a 2,200-seat ice ​hockey arena with capacity expanding to 3,595 for other events, including trade‌ shows and conventions, is expected to cost approximately $50⁤ million.

​ ‌ ‍ The arena is ⁣also ⁢hoping to become the new home for⁢ Union College’s hockey ​team,​ with the college expressing‌ interest ⁢in the partnership.

⁤In ​addition ‍to the arena, the ⁣project includes plans for parking spaces, with 768 shared spaces being allowed, including ‌spaces adjacent to⁢ the arena, at an adjacent auxiliary lot, and others found at ‍various‌ locations around Harborside Drive.

⁤ ‍ The company has already secured $10 million in state funding for⁤ the project and is seeking additional funding through tax credits and grants.
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⁣​ The project has also received approval for sales and ​mortgage tax⁣ exemptions, along with a Payment in lieu of Taxes Agreement from the Schenectady County‍ Metroplex Development Authority.

⁣ ⁤ ⁤ With construction set to⁣ be carried out by LeChase Construction, the same company⁢ that built Rivers Casino ⁤& Resort along the Mohawk River, the ​project is expected to be a great addition to the harbor.
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Stay tuned for more updates on this exciting development!
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Juniper Li
Juniper Li
Juniper Li, with her roots in documentary filmmaking, brings a unique narrative style to local news reporting. A graduate of NYU’s Journalism program, Ava has a keen eye for stories that capture the essence of community life. Her reporting often highlights local achievements and challenges, drawing on her experience in visual storytelling.
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2 COMMENTS

  1. Disagree. Another arena is not what our city needs right now. We should be investing in schools, healthcare, and affordable housing instead.

  2. Great news! The arena will boost our city’s economy and provide new entertainment opportunities for residents. Can’t wait to see it come to life!

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