QUEENSBURY — A local, family-owned construction company wants to build a mixed-use building in Queensbury near junction 18 of the Northway.
Foothills Builders, led by a father and son both named Joseph Leuci, wants to construct a three-story, 25,000-square-foot building at 78-80 Main St., across from the Adirondack Trust Company on the exit hallway. 18.
The building would have 7,000 square feet of retail and commercial space on the ground floor and 12 apartments each on the second and third floors. Currently, the 20 one-bedroom units would rent for around $1,100 to $1,200 per month, while the four two-bedroom units would cost around $1,600 per month.
One-bedroom units will be 600 square feet, each with a balcony, and two-bedroom units will be around 800 square feet.
Leuci said the apartments would be considered market-to-market housing.
He applied to the Warren-Washington Industrial Development Agency for assistance in the form of tax abatements of just under $300,000, for the $3.36 million project.
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According to their application to IDA, the Leucis are asking for reductions in sales tax, mortgage tax and property tax.
According to Leuci, the son, the commercial space on the ground floor will create between two and 12 new jobs in addition to local construction jobs during the construction process.
Foothills Builders, headquartered at Mountainside Drive in Queensbury, typically builds private residential homes, but Leuci said his company was expanding its portfolio.
In response to a question about what prompted Foothills Builders to come up with this project, Leuci replied, “I like the location. Between exit 18 and downtown Glens Falls, it’s the perfect place to link the two.”
Queensbury Town Supervisor John Strough agrees.
“I think it’s absolutely wonderful what Leuci has come up with. It’s in line with what the zoning – which I helped write – had in mind for the property. It’s what Queensbury were looking for in terms of creating activity on the main street. The parking lot is at the back; it’s not the number of cars that will attract people, it’s the building and the contents of the building. This will help create a presence on the main street,” Strough said Tuesday.
Leuci said Foothills Builders have had a few meetings with Queensbury Town officials and, although they are still awaiting approval from the Planning Board, he is confident they have the support of the Town.
“I don’t foresee them having any issues with the approval process, but I can’t speak for the other boards. They’re independent,” Strough said.
The rising cost of building materials is what prompted Leuci and his father to seek help from IDA.
“It’s a pretty universal problem that other development projects are facing right now,” Leuci said.
Before making a decision to approve tax relief for the project, the IDA will hold a public hearing on May 23.
Drew Wardle is a journalist for The Post Star. You can contact him at 518-681-7343 or email him at [email protected]