Mayor: City to Begin Site Preparation Work for Infrastructure Updates at Monument Square Property

Mayor: City to Begin Site Preparation Work for Infrastructure Updates at Monument Square Property

City to install fencing around Monument Square property in preparation for demolition work, relocation of water lines, installation of sewer infrastructure

Parking will be restricted on River Street adjacent to former City Hall Site

Infrastructure work funded in part by New York State Department of State and the Northern Border Regional Commission

TROY, NY (January 18, 2022) – Mayor Patrick Madden today announced the City will begin preliminary site work for planned infrastructure improvements at the Monument Square site in downtown Troy. This essential work will prepare the site for future development by project partner Hoboken Brownstone.

Beginning Tuesday, January 18th, temporary fencing will be installed around the perimeter of the site on Front Street. Additional fencing will be installed along River Street on Thursday. Beginning Thursday January 20th, parking will be restricted on the western side of River Street along the Monument Square site.

Mayor Madden said, “We thank our state and federal partners for their continued support of this important waterfront redevelopment project. These preliminary steps set the stage for vital infrastructure upgrades and improvements at the Monument Square site planned for later this spring, and ask for the public’s cooperation and assistance with parking restrictions in and around the site.”

Phase 1 includes demolition of the remaining section of parking structure and partial removal of existing staircase along the site’s northern edge. Underground infrastructure will also be addressed during the first phase, including:

  • Relocation of an existing water service line to outside the proposed parking garage footprint;
  • Installation of improved sewer lines for buildings to the south of the site

The infrastructure work was funded in part by grants from the New York Department of State and a $1M Economic & Infrastructure Development grant from Northern Borders Regional Commission to assist with relocating water lines, and installation of storm water separation and sewer infrastructure on the site.

The City of Troy is partnering with developer Hoboken Brownstone Company and the Troy Local Development Corporation to redevelop the One Monument Square site, a long-vacant waterfront property in downtown Troy.

For more info, please visit www.troyny.gov/1msq

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Press Contact:
John Salka, Communications Director
[email protected] / (518) 279-7131

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