Troy IDA Considers American Theatre Project Authorization
City of TroyCity · Troy, NY- Disclosed value
- Up to $2,500,000 in authorized project purchases, with sales and use tax exemption benefits not to exceed $200,000; estimated total project cost of $7,124,552
- From agendapacket
- Document date
- Oct 16, 2026
- Renews
- Free account
The 30-second brief
The Troy Industrial Development Authority considered a project-authorizing resolution for American Theatre Troy, LLC’s redevelopment of 285-289 River Street into a movie theater and performing arts facility. The proposed authorization covers construction, equipment, related agreements, and up to $200,000 in sales and use tax exemption benefits, subject to closing conditions.
American Theatre Troy LLC holds this construction contract with City of Troy.
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Contract details
- Contract type
- Construction
- Amount
- Up to $2,500,000 in authorized project purchases, with sales and use tax exemption benefits not to exceed $200,000; estimated total project cost of $7,124,552
- Document date
- October 16, 2026
- Term
- Authorization expires December 31, 2027, unless extended by the Authority’s Executive Director upon written application
- Renews
- On record
- Agency
- City of Troy
- Source document
- Troy Industrial Development Authority AgendaPacket Regular Board Meeting October 16, 2026 (AgendaPacket)
American Theatre Troy LLC's other public contracts
More City of Troy contracts
Questions about this contract
Who was awarded the construction contract by City of Troy?
American Theatre Troy LLC was awarded this construction contract by City of Troy, as recorded on October 16, 2026. The contract value is Up to $2,500,000 in authorized project purchases, with sales and use tax exemption benefits not to exceed $200,000; estimated total project cost of $7,124,552.
How much is the American Theatre Troy LLC contract with City of Troy worth?
The American Theatre Troy LLC contract with City of Troy is valued at Up to $2,500,000 in authorized project purchases, with sales and use tax exemption benefits not to exceed $200,000; estimated total project cost of $7,124,552, covering construction work.
What type of contract is this?
This is a Construction contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in Troy Industrial Development Authority AgendaPacket Regular Board Meeting October 16, 2026 (AgendaPacket), dated October 16, 2026 from City of Troy. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does American Theatre Troy LLC hold?
American Theatre Troy LLC may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is City of Troy currently buying?
Explore City of Troy's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.