Items tagged with 'One Monument Square'

The 1 Monument Sq movie theater project is off

One Monument Square Conceptual Renderings Bonacio Bow Tie

The proposed Bow Tie movie theater project at 1 Monument Square in downtown Troy is off, the administration of mayor Patrick Madden announced late Friday afternoon. A clip from Madden's statement:

"As a result of multiple and ongoing legal actions brought by a neighboring property owner against the City of Troy, Bow Tie Cinemas has notified the city of their decision to terminate the development agreement for the One Monument Square site. We are deeply disappointed with this lost opportunity to construct a world-class cinema in the Collar City.
"For several months, my administration and representatives of Bonacio Construction met on multiple occasions with the neighboring property owner to address his demands, including those not contained within the multiple legal actions filed against the city. Unfortunately, a mutually agreeable resolution to resolve these additional demands could not be reached.
"My administration strongly believes the issues identified in the multiple legal actions were solvable, but due to concern over potential future litigation Bow Tie Cinemas opted to end their involvement in the project.

The "neighboring property owner" is developer Sam Judge, who himself had once tried to develop something on the site. His early-September lawsuit alleged the Bow Tie project would do "irreparable harm" because of traffic and parking issues. It also argued a full environmental review would be necessary for the project. The Bow Tie project's movement through the city planning process was paused when the lawsuit was filed.

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Where things are at with the 1 Monument Square movie theater project

One Monument Square Conceptual Renderings Bonacio Bow Tie

Updated with a new set of renderings.

The latest chapter in 1 Monument Square saga arrived at an important plot point Wednesday evening when the proposed movie theater project for the site went before the Troy planning commission.

A lot of people turned out for the presentation, and they had a lot to say. That's not a surprise -- this is one of the most high-profile real estate projects in the whole Capital District, and it's the fourth major attempt to get something built at the site.

Here's a quick scan of what people had to say, and a few thoughts about where things are at...

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One critique of the proposed 1 Monument Square design, raised up one level

The conversation over the design of the proposed movie theater at 1 Monument Square is ramping up again, and will continue to do so as the project goes before the Troy Planning Commission July 26. [TU]

One of the criticism of the design is, essentially, a big, windowless box that blocks the river from the street (a wide outdoor stair would connect to the street level and riverfront).

So we thought the video clip embedded above was interesting -- it's by an architectural designer from Niskayuna named Tai Xi posted the design and video earlier this year as a way offering feedback. (It was highlighted by the We Care About the Square Twitter account this week.) In the design, the movie theater space would be raised up one level to create a covered plaza that extends from the the street out toward the river.

Here's a bit more about Xi's design, and a quick thought on how we all discuss these sorts of things...

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A peek at what the proposed movie theater at 1 Monument Square in Troy might look like

One Monument Square Conceptual Renderings 2017-April 1 cropped

Don't squint -- we've posted the images in large format.

The first renderings of the propose movie theater at 1 Monument Square in downtown Troy are out.

The backers of the project -- Bonacio Construction and Bow Tie Cinemas -- pitched the idea before the Troy City Council Wednesday evening, touting it as a luxury movie theater. [Troy Record] [TU]

The city of Troy selected the proposal from two entries earlier this year. The super quick overview: The $18 million project would include a 9-screen movie theater, 3,000 square feet of street level retail space, 100-150 parking spaces underneath, and the potential for additional floors in the future. Bonacio and Bow Tie will also be redeveloping the American Theater space, located 500 feet down River Street from the site. The projected opening date for the 1 Monument Square theater would be the fall of 2018.

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The new new plan for 1 Monument Square

1 Monument Square site 2016-08-25

The site last summer, looking up toward River Street and the square.

The city of Troy announced Wednesday that it's selected a plan for the redevelopment of 1 Monument Square: a new Bow Tie movie theater built by Bonacio Construction.

Said mayor Patrick Madden in a press release:

Their proposal to build a nine-screen cinema will strengthen our city's growing economic resurgence while further boosting Troy as a regional destination in the Capital District. With an estimated 10,000 weekly visitors this exciting project will support our downtown restaurants and small businesses while helping to attract additional investment to our community.

Bonacio's proposal is part a plan that would also redevelop the former American Theater space nearby on River Street into a one-screen theater, also run by Bow Tie. (The small theater project was awarded $600k in the state Regional Economic Development Council grant process this past December.)

The city council still needs to approve a development agreement for the 1 Monument Square site, and the project will have to go through the usual planning approval process. The Madden administration is projecting that construction could start in late fall of this year and be completed by late 2018.

The project will be the fourth major attempt to redevelop the site on the riverfront in the heart of Troy.

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Troy's request for another attempt at 1 Monument Square

1 Monument Square site 2016-08-25

The site this past August, looking up toward River Street.

"Now is the time to develop this key parcel in downtown Troy."

That's the last line of the opening page of the new request for proposals that the city of Troy posted Monday for the 1 Monument Square site, one of the most prominent pieces of undeveloped real estate in the Capital Region core. The request is looking to spur the fourth major attempt since 2011 to redevelop the old city hall spot.

Here's a quick scan of what the city is looking for this time around...

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How to move forward at 1 Monument Square?

1 Monument Square site 2016-08-25

What should go here?

More than a hundred people showed up for a public meeting Wednesday evening in Troy to talk about how to redevelop the 1 Monument Square site. And toward the beginning of the event, mayor Patrick Madden mentioned that the city was hoping to have a request for proposals out to developers sometime early this October.

But by the time the event was ending, Madden said his administration would be rethinking the process.

Here's what happened in between...

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Public meeting to gather input about 1 Monument Square future development

monument square site 2014-02-03 emptyWhat sort of development should happen at the 1 Monument Square site in downtown Troy?

The city of Troy has scheduled a public meeting for August 24 to gather public input in an attempt to answer that question. From a city press release:

[The meeting] will provide residents and city stakeholders an opportunity to participate in a community conversation regarding the future redevelopment of the vacant site and provide their input and ideas in a public setting.
"The One Monument Square site is one of Troy's more high-profile properties and an important part of the future of our downtown," said Mayor Patrick Madden. "By further engaging the public on the redevelopment of the property we can foster an important dialogue between business owners, residents, community members and public officials that will be utilized in the development of a new RFP expected to be released this fall."

There is, of course, a lot of history and drama involving the development of this site. The most recent turn was this past spring when a proposal to build a mixed-use residential project got as far as the city's planning board before meeting organized opposition from members of the public -- the developer dropped out, blaming what it said was the city's failure to properly identify underground infrastructure that complicated construction and pointing the finger at the organized opposition.

That was the third major effort to redevelop site since the former city hall was demolished in 2011.

The public meeting is Wednesday, August 24 at 6 pm at the Bush Memorial on the Sage Troy campus.

The 1 Monument Square project is off (again)

1 Monument Square rendering

A rendering from one of the last iterations of the current project.

The development company behind the latest effort to build on the 1 Monument Square site in downtown Troy announced Friday that it's pulling out of the $24 million residential/retail project.

In statements, officials for the Kirchoff Companies criticized the city of Troy for what they described as "materially inadequate" info about underground utility lines that complicated construction at the site. And they had sharp words for a group that organized to oppose the project, questioning whether the group had the city's best interests at heart. [TU] [Biz Review]

That group, We Care About the Square, had argued that changes Kirchoff made to its original proposal -- including switching from two buildings to one -- had evolved the project to a degree that it significantly differed from what had first been pitched. In a statement posted on Facebook Friday, it called the proposed project "substandard." It continued:

"Anyone who has been listening to the debate knows that WCATS is a pro-development, pro-design, pro-quality group of invested citizens that values the extraordinary urban and architectural assets of Troy and wants to see the gap in River Street and our city's river fa├žade completed in a manner that connects the downtown to the Riverfront, meets the highest standards of excellence in architectural design, and is of the construction quality the city deserves."

This ending wasn't really a surprise.

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Troy farmers' market drops out of 1 Monument Square plan

From the latest batch of proposed renderings for the project.

The Troy Waterfront Farmers' Market has announced that it's withdrawing from the proposed plan to redevelop the 1 Monument Square site in downtown Troy. The market had been slated to occupy a street-level retail space in the mixed-used development, as well as make use of surrounding plaza space.

Said farmers' market board chair Seth Jacobs in a statement released Wednesday afternoon:

"Changes to the scope of the One Monument Square project greatly reduced the footprint the Troy Waterfront Farmers' Market would have occupied while increasing the cost to the market, and it has become clear the available space would not allow us to offer the ideal experience to customers, nor to our vendors. We understand the developer has encountered major engineering challenges and site constraints as the project has progressed, and we respect that. However, it is our organization's goal to be fiscally responsible in order to ensure all who enjoy the market are able to have a positive experience for years to come."

The press release also included a statement from Joseph Kirchhoff, CEO of the Kirchhoff Companies, which has been working to develop the project with Sequence Development: "We know that our project when completed will be an outstanding addition to downtown Troy, enhancing the quality of life for both existing and future Troy residents. We will continue to support the Market at its downtown location and look forward to the Market vendors taking advantage of the public plaza created around the future One Monument Square building."

This news isn't that surprising.

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The 1 Monument Square project and its opponents

1MonumentSquare 2015-10-28 Broadway view

One of the latest renderings.

The development team backing the 1 Monument Square project presented the latest iteration of the mixed-use building to the Troy planning commission Wednesday night. The presentation included new renderings, a somewhat reconfigured plan for the river side of the building, and some discussion about what the space that has been set aside for the Troy Waterfront Farmers' Market might (or might not) be.

And then things took a bit of a turn toward the dramatic. An attorney representing a group called We Care About the Square stood up for the first public comment of the night and raised the possibility of legal action if the project moves forward.

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A look at the latest plan for the 1 Monument Square project in Troy

1MonumentSquare 2015-June Monument Square crop small

One of the exterior options presented.

The latest iteration of the third major attempt to redevelopment the 1 Monument Square site is down to a one building.

The development team aiming to build a residential/restaurant/farmers' market project on the prime spot in downtown Troy presented its latest plan Tuesday night to the Troy Planning Commission. And the commission gave the site plan a preliminary approval.

So, let's have a look.

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The latest One Monument Square plan evolves

one monument square massing 2014-09-16 closeup

A massing diagram for the proposed project.

The proposed One Monument Square development in downtown Troy is one of the area's most interesting projects -- and it's evolving.

The latest version of the plan (itself the third major proposal for the site) sticks to the original concept -- a bunch of residential units, mixed-use space including a permanent spot for the Troy Waterfront Farmers' Market, a plaza with access to the riverfront -- but it shifts the arrangement of the two buildings planned for site.

The new massing diagaram for the project is above (and after the jump in large format) -- it was shared by the developers at a meeting of the Troy City Council's planning committee Tuesday evening. Where the original version of this plan had the two buildings roughly splitting the site down the middle, the new plan includes one wide building and one much narrower building.

Here's more about the current version of plan, and a few other bits...

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