City of Troy Awards Facilities Contract to American Theatre Troy LLC (October 2026)
City of TroyCity · Troy, NY- Disclosed value
- Approximately $7.1 million total project capital investment; estimated IDA financial assistance of $802,498, including estimated sales tax savings of $200,000 and real estate tax savings of $556,398
- From agendapacket
- Approved
- Oct 16, 2026
The 30-second brief
The Troy Industrial Development Authority approved an initial resolution for American Theatre Troy, LLC’s redevelopment of the former American Cinema at 285-289 River Street. The approximately $7.1 million project is expected to receive estimated IDA financial assistance of $802,498 through tax exemptions and a PILOT arrangement.
American Theatre Troy LLC holds this facilities contract with City of Troy.
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Contract details
- Contract type
- Facilities
- Amount
- Approximately $7.1 million total project capital investment; estimated IDA financial assistance of $802,498, including estimated sales tax savings of $200,000 and real estate tax savings of $556,398
- Document date
- October 16, 2026
- Agency
- City of Troy
- Source document
- Troy Industrial Development Authority AgendaPacket Regular Board Meeting October 16, 2026 (AgendaPacket)
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Questions about this contract
Who was awarded the facilities contract by City of Troy?
American Theatre Troy LLC was awarded this facilities contract by City of Troy, as recorded on October 16, 2026. The contract value is Approximately $7.1 million total project capital investment; estimated IDA financial assistance of $802,498, including estimated sales tax savings of $200,000 and real estate tax savings of $556,398.
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 Approximately $7.1 million total project capital investment; estimated IDA financial assistance of $802,498, including estimated sales tax savings of $200,000 and real estate tax savings of $556,398, covering facilities work.
What type of contract is this?
This is a Facilities contract, documented as a agendapacket record.
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.