Glen's Falls launches $59 million revitalization project

In a recent government meeting, officials highlighted significant developments in Glen's Falls, focusing on the revitalization of key areas within the city. The expansion of Glenns Falls National Bank and Arrow Financial Offices at the corner of Glenn and South Street was discussed, indicating a positive trend in local economic growth.

Additionally, the ongoing renovations at the 2 to 15 Broad Street Union Square project were emphasized, which aims to introduce 16 new one- and two-bedroom apartments. This initiative is part of a larger $59 million revitalization effort targeting one of the city's historically downtrodden corridors. Officials noted that this project is expected to enhance neighborhood appeal, increase employment opportunities, and boost property values in the area.

The state has recognized Glen's Falls as a model for urban revitalization, with comparisons drawn to successful initiatives in Lake George and other communities. The lieutenant governor's recent visit, during which a symbolic check was presented, underscored the state's support for these developments. The meeting also referenced the Housing Credit Resource (HCR) tax credits, which aim to attract moderate-income residents to the new apartments, further demonstrating the state's endorsement of Glen's Falls' revitalization efforts.

Overall, the discussions reflect a strong commitment to transforming Glen's Falls into a thriving community, with state officials expressing satisfaction with the progress made thus far.