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Bait and Switch – Troy Deserves Better

Overview of the 1 Monument Square Redevelopment

Bait and Switch: Troy Deserves Better

Hello friends of the Square

Bait and Switch – Troy Deserves Better
Overview of the 1 Monument Square Redevelopment

On July 17, 2008 State Senator Joseph L. Bruno unveiled a funding package for Troy saying "City Hall is going to come down. In its place will be a 200-space underground parking garage. On top, it will be all grass"

The Troy City Hall Contract Grant and the Public Access Improvements at Riverfront Park and Troy City Center Grant awarded money to be used for planning and design consulting services. These services would be used to develop:
• A concealed parking garage, the sub-surface parking area would contain approximately 200 spaces and serve the needs of the privately developed mixed-use building(s), other downtown businesses and Riverfront Park.
• Any building(s) constructed as part of the project would have 90,000 square feet of space
• Some of the funds from these grants were used to pay for the Sasaki study which set forth the design guidelines for the redevelopment of the City Hall site.
In September 2013 the City of Troy requested proposals for the Redevelopment of Monument Square containing the following development guidelines:
• $3.9 million in various NYS grant funds for redevelopment of the Monument Square site. Grant provisions earmark these funds for site infrastructure, creation of public linkages between downtown and Riverfront Park through the project and toward providing public and private on-site parking.
• Parking Base - 2 levels of public and private parking below the River Street level
• Public Access to the Riverfront Park
• Building Envelope Design
• Building Height and Massing
• Front Street must remain a through street, accommodating one way traffic north to south
Monument Square, LLC, a partnership between Sequence Development (Jeff Buell) and Kirchhoff Properties (Joe Kirchhoff) won the 2013 RFP by offering a plan incorporating the Sasaki guidelines and promising the following:
• 175 revenue generating parking spaces for public and private use
• 45 – 60 luxury apartments
• 2 buildings totaling 150,000 square feet ( 2 phases; first phase private with Troy Farmers Market on River Street Level approx.. 100,000 square feet, second phase for City Hall approx. 50,000 square feet.
• 20,000 square feet for The Troy Farmers Market in the first phase
• Steel and masonry building on pilings
• A parking garage “designed to allow continued vehicular access along Front Street”
Their August 2015 proposal contained the following:
• 89 private parking spaces for the use of the developers apartments
• 85 apartments
• 1 building totaling approximately 90,000 square feet
• 9,872 square feet for The Troy Farmers Market (not adequate space)
• Wood frame building (6-stories) with rain screen façade on spread footings
• Limited access along Front Street through their private parking garage (not adequate travel north to south as required for fire department hook and ladder, questionable for other emergency vehicles, garbage trucks and large vehicles)

Their October 2015 proposal contains the following: (Not all topics can be addressed at this time because only limited plans were made available to Planning as of the October 6th submission date)
• 87 private parking spaces for the use of the developers apartments
• 85 apartments
• 1 building totaling approximately 90,000 square feet
• Approximately 10,000 square feet for The Troy Farmers Market
• Wood frame building (6-stories) with rain screen façade on spread footings
• Limited access along Front Street through their private parking garage (emergency vehicles and large trucks must travel around the parking structure along the sea wall through the 50’ riverfront setback)
The developer is citing unforeseen site conditions; utilities, water mains and the inability to construct pilings in close proximity to the adjacent buildings as a reason to scale back the project.
• This is not the case. All site conditions including utility locations were made available with the RFP.
• Buildings are often constructed with pilings immediately adjacent to existing buildings.
• The developer executed a Land Development Agreement with the City in November 2014 stating that they have inspected the Land and are fully cognizant of the condition of the Land and that they have had access to information and data relating to all they have considered necessary, prudent, appropriate or desirable for the purposes of this transaction.

We the undersigned request that The City of Troy, Troy City Council, New York State Department of State, New York State Empire Development and the Planning Commission of The City of Troy not permit this project to move forward as it is an inappropriate use of public funds. The project, as currently envisioned by the developer, will use approximately $5.4 million of taxpayer money ($3.9 million of NYS Grants funds and $1.5 million of “Troy Farmers Market Grants funds”) for largely private use.
If the developer does not want to or cannot build what they originally proposed then it is in the public’s best interest for the City to issue a new Request for Proposals for the Redevelopment of Monument Square. Troy deserves better.

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On July 17, 2008 State Senator Joseph L. Bruno unveiled a funding package for Troy saying “City Hall is going to come down. In its place will be a 200-space underground parking garage. On top, it will be all grass”

 The Troy City Hall Contract Grant and the Public Access Improvements at Riverfront Park and Troy City Center Grant awarded money to be used for planning and design consulting services. These services would be used to develop:

  • A concealed parking garage, the sub-surface parking area would contain approximately 200 spaces and serve the needs of the privately developed mixed-use building(s), other downtown businesses and Riverfront Park.
  • Any building(s) constructed as part of the project would have 90,000 square feet of space
  • Some of the funds from these grants were used to pay for the Sasaki study which set forth the design guidelines for the redevelopment of the City Hall site.

In September 2013 the City of Troy requested proposals for the Redevelopment of Monument Square containing the following development guidelines:

  • $3.9 million in various NYS grant funds for redevelopment of the Monument Square site. Grant provisions earmark these funds for site infrastructure, creation of public linkages between downtown and Riverfront Park through the project and toward providing public and private on-site parking.
  • Parking Base – 2 levels of public and private parking below the River Street level
  • Public Access to the Riverfront Park
  • Building Envelope Design
  • Building Height and Massing
  • Front Street must remain a through street, accommodating one way traffic north to south

Monument Square, LLC, a partnership between Sequence Development (Jeff Buell) and Kirchhoff Properties (Joe Kirchhoff) won the 2013 RFP by offering a plan incorporating the Sasaki guidelines and promising the following:

  • 175 revenue generating parking spaces for public and private use
  • 45 – 60 luxury apartments
  • 2 buildings totaling 150,000 square feet ( 2 phases; first phase private with Troy Farmers Market on River Street Level approx.. 100,000 square feet, second phase for City Hall approx. 50,000 square feet.
  • 20,000 square feet for The Troy Farmers Market in the first phase
  • Steel and masonry building on pilings
  • A parking garage “designed to allow continued vehicular access along Front Street”

Their August 2015 proposal contained the following:

  • 89 private parking spaces for the use of the developers apartments
  • 85 apartments
  • 1 building totaling approximately 90,000 square feet
  • 9,872 square feet for The Troy Farmers Market (not adequate space)
  • Wood frame building (6-stories) with rain screen façade on spread footings
  • Limited access along Front Street through their private parking garage (not adequate travel north to south as required for fire department hook and ladder, questionable for other emergency vehicles, garbage trucks and large vehicles)

Their October 2015 proposal contains the following: (Not all topics can be addressed at this time because only limited plans were made available to Planning as of the October 6th submission date)

  • 87 private parking spaces for the use of the developers apartments
  • 85 apartments
  • 1 building totaling approximately 90,000 square feet
  • Approximately 10,000 square feet for The Troy Farmers Market
  • Wood frame building (6-stories) with rain screen façade on spread footings
  • Limited access along Front Street through their private parking garage (emergency vehicles and large trucks must travel around the parking structure along the sea wall through the 50’ riverfront setback)

The developer is citing unforeseen site conditions; utilities, water mains and the inability to construct pilings in close proximity to the adjacent buildings as a reason to scale back the project.

  • This is not the case. All site conditions including utility locations were made available with the RFP.
  • Buildings are often constructed with pilings immediately adjacent to existing buildings.
  • The developer executed a Land Development Agreement with the City in November 2014 stating that they have inspected the Land and are fully cognizant of the condition of the Land and that they have had access to information and data relating to all they have considered necessary, prudent, appropriate or desirable for the purposes of this transaction.

We the undersigned request that The City of Troy, Troy City Council, New York State Department of State, New York State Empire Development and the Planning Commission of The City of Troy not permit this project to move forward as it is an inappropriate use of public funds. The project, as currently envisioned by the developer, will use approximately $5.4 million of taxpayer money ($3.9 million of NYS Grants funds and $1.5 million of “Troy Farmers Market Grants funds”) for largely private use.

If the developer does not want to or cannot build what they originally proposed then it is in the public’s best interest for the City to issue a new Request for Proposals for the Redevelopment of Monument Square. Troy deserves better.

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