One Four Six Marketplace

Route 146 & Old Route 146, Halfmoon, NY 12065

Approved

What is it? · Identity & scale

Project type: Mixed-Use
Review stage: Approved
Acreage: 20 ac

Who & what? · Context & documents

Developer / applicant entity: TCF II LLC (Luizzi Companies)
Estimated investment / project cost: $166M
Reviewing board: IDA / LDC

Site notes

Large-scale 20-acre mixed-use commercial and residential marketplace at the northeast corner of Route 146 and Old Route 146. Saratoga County adopted Inducement/ Resolution on 2025-09-08, Approving Resolution on 2025-12-09, and executed the final Underlying Lease, Lease Agreement, Project Agreement, and Agreement on May 8, 2026 providing an estimated $7.75M in combined sales tax, mortgage tax, and 1-year exemptions.

Source

Saratoga County IDA Project Files· May 8, 2026

Public record & decisions

Applicant Claims

Transformative $166.4M mixed-use Town Center investment creating commercial retail, dining, and housing along the Route 146 corridor.

Staff / Agency Concerns

SCIDA board debate over the requested three-year property tax exemption, resulting in a compromise reducing the property tax abatement to a one-year alongside sales and mortgage recording tax exemptions.

Public Testimony

Public hearing held on September 8, 2025 with formal transcript recorded in SCIDA project files.