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Menands board authorizes application for Brownfield Opportunity Area nomination study
Summary
The Menands Village Board approved staff moving forward with a Brownfield Opportunity Area (BOA) nomination application to the New York State Department of State, agreeing to pay the $5,000 application fee and discussing a recommended $200,000 study if the nomination is awarded.
The Menands Village Board on Monday authorized staff to prepare and submit a Brownfield Opportunity Area (BOA) nomination application to the New York State Department of State and approved the $5,000 application fee.
The BOA process would designate a portion of the Broadway/Route 378 corridor — roughly the stretch described in the presentation from Midland Farms north toward Regeneron and the town line — as an opportunity area for coordinated redevelopment, officials said. If nominated, the designation would make properties in the area eligible for predevelopment and redevelopment funding and other state incentives.
Planner Matt, who presented the application details to the board, said the BOA program provides up to 90%…
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