Four bids received for mixed-use P3 project in Troy

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The City of Troy in New York has received four bids for the development of One Monument Square, a mixed-use project that aims to build a public plaza, parking garage, an eight-story mixed-use building and potential restaurant/retail space. The work also consists of a parking garage will have a two-story structure at grade with Front Street and a grand staircase connecting plaza to Riverfront. 

The four bidders are as follows:

  • RAL Development Services LLC
  • Hoboken Brownstone Co.
  • First Columbia – The Davis Companies
  • The BDC Group

The bids will be evaluated by a six-member committee appointed by the City Mayor that includes city and Troy Local Development Corp. staff, community members, business representatives, and industry professionals.

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