infrastructure upgrades, and a downtown coming alive with new businesses and amenities, Rensselaer Rising has evolved from slogan to reality. For both businesses and residents, Rensselaer’s transformation is creating tangible opportunities. PREFERRED VENDOR/PARTNER n Empire Generating Co, LLC www.naes.com We’re Empire Generating Co., LLC – a 635 MW dual-fuel electric generating facility located right here in Rensselaer. Using GE technology, our team of 21 highly skilled workers, along with support from our local partners, provides safe, flexible, and reliable electricity to the Upstate NY Capital District region. n Oldacre McDonald, LLC www.oldacremcdonald.com We are a commercial real estate development company which specializes in single tenant rollout programs and also do mixed use developments of various sizes, from 2-3 tenant strip centers to large mixed-use developments of 100-300 acres. n Port of Albany-Rensselaer, NY www.portofalbany.us The Port of Albany-Rensselaer is upstate NY’s largest public port/logistics hub specializing in break bulk, bulk, and special project cargo handling. The Port is active year-round, includes 30’ berth depth, and has facilities on both sides of the Hudson River. The Port recently completed $100M in maritime upgrades. n Greenman-Pedersen, Inc. www.gpinet.com Greenman-Pedersen, Inc. (GPI) is a 100% employee-owned multi-discipline engineering firm that provides professional design, planning and construction inspection services with an exceptional commitment to quality to all levels of government and private industry throughout the United States. Together, we create the infrastructure people need most. IDA stands ready to deploy its toolkit of incentives, while state grants continue playing a vital role. Stammel emphasizes fiscal responsibility, noting how redeveloped properties now generate meaningful tax revenue compared to vacant lots,“before it wasn’t really giving us anything,” he says, “and we built for the future to get it up to the full tax revenue in the future.”This balanced approach, marrying bold vision with financial pragmatism, ensures Rensselaer’s rise benefits all stakeholders. HISTORIC ROOTS TO MODERN REVIVAL Rensselaer’s remarkable transformation under Mayor Stammel’s leadership demonstrates how vision and collaboration can revitalize a community. What was once vacant land and underutilized properties has blossomed into a thriving, connected city where history meets opportunity. The formula works, housing drives retail, transportation fuels commerce, and partnerships amplify every opportunity. With over 800 housing units in progress, major 86 CIVIL AND MUNICIPAL VOLUME 06, ISSUE 08
RkJQdWJsaXNoZXIy MTI5MjAx