Metroplex buying Glenville land for economic development

Metroplex buying Glenville land for economic development

Move follows $16 million site cleanup


GLENVILLE — The Schenectady Metroplex Development Authority will be acquiring an additional 43 acres at the Glenville Business and Technology Park on Route 5, with plans to market what is now mostly vacant land for economic development.

The move, for which Metroplex will be borrowing $1.35 million, comes as the state Department of Environmental Conservation has declared that a federally funded contamination cleanup on the land is considered complete, with no further cleanup of underground chemical contamination needed.

The land, which is surrounded by already redeveloped portions of the Glenville Business and Technology Park, has remained owned by the federal government until now because of the contamination, but in 2015-16 it underwent a $16 million contamination cleanup project.

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