Glenville, NY • Capital Region · Schenectady County
Glenville Business & Technology Park 105,000 SF Industrial Warehouse
Glenville Business and Technology Park, Route 5 (Amsterdam Road), Glenville, NY 12302
What is it? · Identity & scale
- Project type
- Industrial
- Review stage
- Approved
- Total sq ft
- 105,000
- Commercial sq ft
- 105,000
- Stories
- 1
Who & what? · Context & documents
- Developer / applicant entity
- The Galesi Group
- Reviewing board
- IDA / LDC
Site notes
New 105,000 SF speculative industrial distribution and warehouse facility at the Glenville Business & Technology Park replacing former WWII Navy supply depot structures (demolished under a $1.6M Restore NY grant). Advanced for public hearing by the Schenectady County Metroplex Development Authority on September 15, 2026 and granted final approval on October 14, 2026 for a 10-year (50% initial abatement stepping down 5% annually). Albany Business Review reports the two new Glenville warehouses combined represent more than $15M in private investment; single-building cost is left blank rather than interpolated.
Public record & decisions
Applicant Claims
Adds 105,000 SF of modern industrial warehouse space in a Schenectady County submarket with a 0.4% industrial vacancy rate in H1 2026.
Staff / Agency Concerns
10-year schedule (50% year-1 abatement, 5% annual phase-in to full taxation).
Public Testimony
Public hearing held between September 15 and October 14, 2026; no adverse public testimony documented.