Cleanup about to start at historic Victory Mills site in Saratoga County; First step in redevelopment | The Daily Gazette
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VICTORY An environmental cleanup at the historic former Victory Mills industrial site in the village of Victory, the first step in a multi-million-dollar redevelopment of the property, is about to begin, the state Department of Environmental Conservation announced Wednesday.
The DEC announcement of an extensive soil contamination removal project to start this spring came a day after the Saratoga County Industrial Development Agency approved a revised financing and incentive package for the redevelopment, raising the total financing from $59.5 million to $68.6 million, with an incentive of discounted property taxes for 30 years after the completion of construction.
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1of14A view of the Standard Manufacturing building on 2nd Ave. on Tuesday, Jan. 5, 2021, in Troy, N.Y. There are plans to turn the space into 151 apartment units with commercial space on the first floor. (Paul Buckowski/Times Union)Paul Buckowski/Albany Times UnionShow MoreShow Less
2of14A view of the Standard Manufacturing building on Tuesday, Jan. 5, 2021, in Troy, N.Y. There are plans to turn the space into 151 apartment units with commercial space on the first floor. (Paul Buckowski/Times Union)Paul Buckowski/Albany Times UnionShow MoreShow Less
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4of14A view of a section of the business district along 2nd. Ave. on Tuesday, Jan. 5, 2021, in Troy, N.Y. (Paul Buckowski/Times Union)Paul Buckowski/Albany Times UnionShow MoreShow Less