Restore New York Grant Funding supports a $27 million investment to redevelop an abandoned mill in Rensselaer, NY
Laberge Group is excited to have partnered with the City of Rensselaer to secure a $1.8 million Restore New York grant to preserve an abandoned and deteriorating textile mill and redevelop the structure as a mixed use space. The $27 million redevelopment project being undertaken by a partnership that includes BBL, one of the region’s largest commercial builders, will transform the decrepit buildings along the Rensselaer riverfront into apartments and commercial space that could include a restaurant and boat services. The project is perfectly aligned with Restore New York’s primary objective of encouraging community development and neighborhood growth through the redevelopment of blighted structures.
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Is your community looking to spur economic development by encouraging the redevelopment of abandoned buildings or blighted structures?
Laberge Group’s community development team would be happy to be a resource to help evaluate your options. Simply submit this form and we’ll get in touch soon!