Capital Region News

 

Park South Initiative

Park South Initiative

After 7 years, plans for the re-development of an old residential neighborhood adjacent to Albany Medical Center are about to come to fruition. The $110 million project will involve not only the hospital, but Albany's Tri-City Rentals,which is putting up $55 million to help develop two residential-retail buildings along New Scotland Ave. Plans also call for a parking garage and a medical office building. Albany Med President Jim Barba says he's hoping to get through the city's approval and zoning process by November of this year..Barba says some people now living in houses along Myrtle, Morris, and Dana,houses owned by the hospital will have to be relocated to make way for the new buildings. He's promising that process will be carried out as humanely as possible.

 

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