Developers want to buy street
GLOVERSVILLE — The Common Council is set to consider a pair of local laws that would discontinue a portion of Hamilton Street as a public roadway and authorize the road’s sale to developers who own the only properties on the stretch and who are hoping to make use of the street as they redevelop an existing building into a multi-use commercial property.
The Common Council on Tuesday scheduled public hearings on each of the local laws for the next meeting on Sept. 22 at 6 p.m. The first local law if approved would discontinue Hamilton Street between St. Thomas Place and Elm Street Extension as a public roadway setting up the second local law that if approved would authorize the sale of the street by the city to the CAES Group LLC for $5,300.
The CAES Group in September 2019 purchased a former manufacturing facility located at 12 St. Thomas Place. The approximately 54,736 square-foot facility is situated on 1.4 acres on a single parcel that is split into two lots by Hamilton Street between St. Thomas Place and Elm Street.
The new property owners in July received site plan approval from the Planning Board to convert the former manufacturing building into several commercial spaces including warehouse space on the first floor, retail and office space on the second floor and climate controlled storage units on the third and fourth floors.
Following renovations, the building owners plan to relocate their existing businesses, GoodbuyZ Liquidation Outlets of Amsterdam and Johnstown, into an expanded single location to be created in the building while leasing out the remaining available retail and office space.
According to Mayor Vincent DeSantis, the property owners recently approached the city asking if it would be possible to buy the stretch of Hamilton Street their property is located on to allow for the construction of a large handicap accessible entrance for the future GoobuyZ home.
The 12 St. Thomas Place building and the parking lot located on the opposite side of Hamilton Street that is part of the parcel are the only properties located on the street between St. Thomas Place and Elm Street.
DeSantis pointed to plans to redevelop the existing building into multiple commercial spaces as a “great economic development project” for the city while noting the council has signaled their general agreement for conveying the street to the developers for the furtherance of the project subject to the scheduled public hearings and passage of each of the required local laws.
If the sale of the section of Hamilton Street is authorized through the passage of the local laws later this month, DeSantis noted that the city would reserve an easement allowing the city to access water and sewage lines that run below the street as needed.