(TROY, NY) The River Street Market, a unique food hall concept, is the next project in First Columbia’s $125 million dollar “The Waterfront District” redevelopment in Troy, NY. Located in 12,000 square feet on the first floor of the Hedley Building, the River Street Market is slated to open this summer and will contain a dozen unique food, beverage, and market concepts that provide a wide variety of farm-to-table quality providers to delight the 1,500 employees within the building as well as the growing downtown Troy population. Local food entrepreneurs, Katie and Luke Haskins will lease, manage, and work at the market while assembling a team of independent operators to take Troy’s food scene to the next level.
The food hall concept wasn’t a new one to the culinary duo as they both shared the goal of bringing the concept, of this scale, to Upstate, New York. “We were inspired by all the markets we encountered in our travels. From those in New York City, Redding Market, to Florence, Italy. We wanted to bring that idea to the Capital Region, but, then, at 27—we couldn’t,” stated Luke Haskins. While details, such as hours of operation, are still being worked out, their vision for the River Street Market is known, “It’ll be a collection of independent small businesses,” said Katie. “Our goal with the River Street Market is to foster an eclectic mix of offerings and cuisines. We love unique and dynamic, if this sounds like you— please contact us.” In addition, to managing the food hall, they are also opening Lord & Montague, a wine, with Sommelier selected wine list, and charcuterie bar. The namesake paying homage to the Collar City’s inventor of detachable shirt collars, Hannah Lord Montague.
Also adding to the tenant roster is Sunhee’s Farm and Kitchen’s second restaurant concept— “Sunhee’s on the River”. “Our bar manager first told us about the space after attending the Hedley Park Place Centennial Event. The intended vision of [the space] aligned with what we wanted to achieve in the lower Hudson region of Troy— an opportunity to create something new, that also complemented our brand, all while being community-focused,” stated Jinah Kim, Owner of Sunhee’s Farm and Kitchen. Sunhee’s opened just shy of two years ago and has had a dynamic impact on the community; with its commitment to refugees, helping tell their story, and sharing the culture through authentic culinary offerings. “Troy is all about maintaining community, said Kim. “We’re excited to have the freedom to take on our own character within this collaborative space that understands the relationship aspect [of business].” As for what to patrons are to expect of Sunhee’s first expansion project— “While this will be a new concept, we’ll also serve some of our staples,” stated Grace Lee, Managing Partner of Sunhee’s. “We will definitely serve our Bibimbap and our purple rice— but this menu will be more convenience-focused.”
“We’re all very excited about the River Street Market. Having it will create a great energy and ambiance for the building,” said Denisse Grimm, Project Manager at Hedley Park Place. “Also, it’s easy to get to, it’s right off the exit ramp from the highway and we have ample parking. It’s ideal for anybody looking to stop by quick and grab unique and healthier foods on the go.” The space is being designed by architect, Mike Phinney, from Phinney Design Group.
“There are many reasons why this concept is different and why it’ll work,” said Katie. “But the biggest is that we fixed the disconnect between landlord and vendor, because we’re right there working with you,” stated Luke Haskins.
For more information regarding available space at the River Street Market, please contact Katie Haskins, 518-858-9561, or by email, firstname.lastname@example.org.
ABOUT THE WATERFRONT: Woven into the fabric of one of the nation’s most historic and beautiful downtowns, First Columbia has commenced construction on this waterfront redevelopment along a half-mile stretch of the Hudson River. The highly-anticipated mix of projects will offer prime office space, retail, entertainment, residential units, parking, and a hotel. The master plan will have a lasting impact by reconnecting the city with its valuable waterfront assets and injecting it with commercial and social activity; positing Troy once again as the premier urban destination in the Capital District.
ABOUT FIRST COLUMBIA: First Columbia is a diversified real estate/investment organization committed to planning, developing, and operating high quality facilities. Its projects include corporate buildings, office campuses, medical complexes, senior housing, hospitality, and high-tech facilities.
For media inquiries, Contact: Victoria Harris, marketing director First Columbia, at (518) 213-1009 or email@example.com
Site Work on the 132 Room, 5 Story Hotel Marks Second Phase of the “Waterfront District” Redevelopment Project
TROY, N.Y. (9/6/17) — Site work has begun on a 132-room Courtyard by Marriott hotel in downtown Troy, commencing the next phase of First Columbia’s waterfront re-development. The five-story concrete masonry structure will be prominently located between the city’s largest office complex and the Hoosick Street Bridge along 500 feet of the Hudson River.
The continued growth in Troy’s tech and corporate office sectors combined with the hotel demand of the city’s colleges has fueled the need for additional rooms in Troy. “Our research has shown that room
night demand is provided by out of city and county properties, robbing Troy of revenue and guests that its businesses generate. We seek to re-balance that trend and show that the walkable waterfront
redevelopment in Troy will be a great host for all visitors and capture the energy of the city’s redevelopment,” said Kevin Bette, president of First Columbia.
The colleges are very important drivers of the city’s economy and we need to meet their demands for a vibrant downtown so they will continue to thrive, Bette noted.
“We are delighted to have a Courtyard hotel and more development in the neighborhood,” said Wayne Boomer, vice president of finance and operations at Apprenda. “It will be great for our business to host large meetings and give our visitors a great place to stay in Troy.”
A leading software engineering company, Apprenda is headquartered in First Columbia’s Hedley Park Place. The hotel is expected to open next summer at 515 River Street, just off Route 7 near the Collar City Bridge. Its proximity to the highways and high traffic counts will provide an easy stay for travelers, Bette said. The annual average daily traffic (ADT) for Alternate Route 7 is 52,839 while adjacent I-787 has an ADT of 62,908.
Bette & Cring Construction is building the hotel, which will be managed by DelMonte Hotel Group (“DHG”).
“The DelMonte Hotel Group is thrilled to be a part of the transformation of the Troy waterfront,” said DHG President Alexander DelMonte. “We see Troy poised for continued growth and the Courtyard by Marriott is the perfect brand to meet the needs of our guests.”
The hotel will have meeting space and board rooms to match the demand for professional spaces in Troy, which is currently undergoing what many are calling an “urban renaissance.”
WATERFRONT DISTRICT” PLANS MOVING FORWARD WITH PHASE II
Work on the hotel kicks off the second phase of the Waterfront Redevelopment, a massive revitalization project that will open up the possibility for more restaurants, retail outlets and apartments in this riverfront neighborhood between the Green Island and Collar City bridges.
Upon acquiring the Hedley Park Place building from Troy development icon John Hedley in 2006, First Columbia commissioned a Hedley Waterfront Redevelopment Plan to redevelop roughly 25 city blocks surrounding its Hedley Park Place and Flanigan Square properties to fulfill Mr. Hedley’s vision for Troy. That vision has evolved into a $125 million dollar “Waterfront District”; that when completed will include prime office space, retail, residential units, parking, hotel, and a riverside promenade stretching over several miles of Hudson River frontage.
ABOUT FIRST COLUMBIA
First Columbia is a diversified real estate/investment organization committed to planning, developing, and operating high quality facilities. Its projects include mixed-use developments, office campuses,
medical complexes, multi-family housing, hospitality, and high-tech facilities. Contact: Victoria Harris, marketing director First Columbia, at (518) 213-1009 or firstname.lastname@example.org
ABOUT DELMONTE HOTEL GROUP
DelMonte Hotel Group is an award-winning ownership, management and development company headquartered in Rochester, New York. The DelMonte Hotel Group was the first Marriott franchisee and has grown from a single full-service hotel in 1973 to a portfolio of full-service, select service, and extended-stay products within the Marriott and Hilton brands. DelMonte Hotel Group has built and managed properties flagged by Marriott, Renaissance, Courtyard by Marriott, Fairfield Inn and Suites, Residence Inn, and Hilton Garden Inn. John Del Monte serves as CEO, and Alexander DelMonte is President of the DelMonte Hotel Group. For more information, visit http://delmontehotels.com.