Press-Republican

Business

November 10, 2012

Panel aims for Rouses Point revitalization

ROUSES POINT — A new Rouses Point Revitalization Committee is working to identify key downtown and waterfront properties to target for potential redevelopment.

Rouses Point has a number of advantages that could make it attractive for development, Revitalization Project Manager Melissa McManus said at a recent meeting. Those include Lake Champlain, its proximity to the border, cheap electrical rates and a high traffic volume.

FIRST FOCUS

The initial project is a study of the best ways to leverage downtown and waterfront development.

McManus is working with Troy-based River Street Planning and Development to identify key vacant or underutilized properties in the those areas.

Plans call for a walking tour of downtown on Monday, Nov. 26, followed by a meeting to discuss the key potential sites for redevelopment.

OWNERS CRUCIAL

McManus said it is important to realize the parcels are private property and to respect the wishes of the owners. A key will be to learn what the owner’s goals are and how the village may be able to assist in meeting them.

“This is all about driving private-sector investment,” she said.

River Street Planning will develop a database of available vacant properties and identify which make the most sense for redevelopment. They will be reviewed by the New York Department of State and the local committee.

McManus and River Street

Planning would then contact the property owners to gauge their interest. Based on that interest, a final list of key properties would be compiled.

River Street Planning is also tasked with performing a market study to identify what size lodging establishments would most likely be successful in Rouses Point.

The consultants will be asked to identify possible funding sources, such as a nonprofit redevelopment organization, that could qualify for funds through the State Department of Housing and Community Renewal’s Rural Assistance Revitalization Program.

Text Only | Photo Reprints
Business
Colin Read's Column

Business Spotlight
Peter Hagar's Farm Column

Farm Briefs
Videos: Business News
Looming Demand Could Undercut Flight Safety Six Indicted in StubHub Hacking Scheme Trump: DC Hotel Will Be Among World's Best AP Review: Amazon Fire Adds Spark to Smartphones All Aboard! LIRR Strike Averted Microsoft to Cut Up to 18,000 Jobs Time Warner Rejects Murdoch's Takeover Bid Yellen Says Economy Still Needs Fed Support Cleveland Expects Economic Boom From Lebron Justice Dept. Fines Citigroup $7 Billion Justice Dept. Fines Citigroup $7 Billion Downside of Low Mortgage Rates? Less Selling Cupcake Shop Crumbs Shuttering All Its Stores San Francisco Prepares for Soda Battle Dow Breaks Record 17,000 GM Crash Compensation Could Top $1 Billion GM Won't Limit Crash Compensation Funds