City advances One Monument Square deal with Luizzi

Troy City Council is asked to preliminarily approve surplusing the One Monument Square parcels for eventual transfer to the Troy Local Development Corporation and redevelopment by Luizzi Companies. A future Land Development Agreement would grant Luizzi preferred developer status and exclusive rights for up to two years, subject to public hearing and further Council approval.

Scope & details

The full contract record, as filed.

Contract type

CONSTRUCTION

Contract term

Preferred developer status and exclusive development rights for up to two years under contemplated LDA

Renewal

Contemplated LDA would grant up to a two-year exclusive option and preferred developer period; specific extensions or renewals to be defined in future agreement.

Document type

AgendaPacket

Source document

City of Troy Agenda Packet 2026-07-23

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PENDING

City of Troy, New YorkJul 23, 2026

City of Hudson Common Council Meeting Minutes January 20 2026

AMENDED

City of Hudson, New YorkApproximately $600,000 withheld; $400,000 bill to be paidJan 20, 2026

City of Hudson Common Council Minutes of Informal Meeting

ONGOING

City of Hudson, New YorkApproximately $400,000 payment from previously withheld fundsDec 8, 2025

Hudson Common Council Minutes November 2025

PENDING

City of Hudson, New YorkNov 18, 2025

village-of-colonie-planning-commission-meeting-agenda-october-7-2025_62f.pdf

pending

Village of Colonie, New YorkNAOct 7, 2025

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the construction contract by City of Troy?

Luizzi Companies was awarded this construction contract by City of Troy, as recorded on July 23, 2026.

What type of contract is this?

This is a Construction contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in City of Troy Agenda Packet 2026-07-23 (AgendaPacket), dated July 23, 2026 from City of Troy. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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