The upshot
River Falls Holdings has high hopes for the project. That includes attracting an estimated 160,000 people to the area each year as well as benefits such as increased property values and job creation, according to a city staff report.
The city would put forward around $3.7 million for bridge and street maintenance, utilities, potential property acquisitions and other related expenses. The development will have a taxable value of more than $10 million and generate enough revenue through tax incremental financing to pay for project costs within 25 years, according to the project plan.
Site details
The 76,000-square-foot Shopko building on Paulson Road has been vacant since the big box retail chain declared bankruptcy in 2019. City staff described the site and attached parking lot as “aging,” and makes a bad first look for the high traffic area entering the city.
eizzo@adirondackdailyenterprise.com
Lake Placid developer Joseph Barile presents his plans for a housing complex at the former W. Alton Jones Cell Science Center to the North Elba Town Council on Tuesday, July 14, 2020.
(Enterprise photo â Elizabeth Izzo) LAKE PLACID A months-long review process for the town of North Elba’s largest proposed housing complex in some time may be coming to a close. The Lake Placid-North Elba Joint Review Board is expected to vote next week on whether to approve local developer Joseph Barile’s plans to build The Peaks at Lake Placid, a 355-unit housing complex at the former W. Alton Jones Cell Science Center property on Barn Road.
eizzo@adirondackdailyenterprise.com
LAKE PLACID Four teens have been charged with felonies after allegedly breaking into the former W. Alton Jones Cell Science Center and vandalizing the place in November. The only one of them named by New York State Police was Remi P. Borden, a 19-year-old from Lake Placid. The other three are 18 years old. New York State Police Troop B Public Information Officer Jennifer Fleishman told the News on Friday, Jan. 22 that State Police initially responded to the facility on Old Barn Road on Nov. 22, 2020, after the fire alarm was triggered. The Lake Placid Volunteer Fire Department was first on scene and found broken windows, spray paint on the walls and used fire extinguishers.
eizzo@adirondackdailyenterprise.com
LAKE PLACID The Joint Review Board has set a public hearing next month on a new housing development off of Wesvalley Road, one of three housing developments now in the works in Lake Placid. This new 22-unit development, called Fawn Valley, is being undertaken by the Homestead Development Corporation. The HDC is an organization led by local construction manager Steve Sama, North Elba town Councilwoman Emily Politi, Realtor Whit Bissell, former Lake Placid mayor and current mayoral candidate Jamie Rogers, and accountant John Huttlinger Jr. It’s one of three housing developments currently in the works in Lake Placid, and the second planned for Wesvalley Road.
LAKE PLACID The Joint Review Board has set a public hearing next month on a new housing development off of Wesvalley Road, one of three housing development