CONTRACTPENDING

City advances One Monument Square transfer to Luizzi team

Document date: Jul 23, 2026

What it covers

The Troy City Council is considering Resolution 76 to surplus the One Monument Square parcels and preliminarily approve their future transfer to the Troy Local Development Corporation, which would then convey the property to a developer team including Luizzi Companies for a mixed-use and waterfront improvement project. A non-binding letter of intent and a detailed land development agreement with an exclusive option structure will be negotiated, subject to a future public hearing and council approval.

Who holds it

Luizzi Companies holds this facilities contract with City of Troy. Its other public contracts on record include work for City of Hudson and Village of Colonie.

What happens next

Term as filed: Preferred developer & exclusive development rights for up to two (2) years; subsequent option period for land transfer not yet specified.

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Contract details

Contract type: Facilities
Document date: July 23, 2026
Term: Preferred developer & exclusive development rights for up to two (2) years; subsequent option period for land transfer not yet specified
Vendor: Luizzi Companies
Agency: City of Troy
Source document: City of Troy Finance Meeting Agenda Packet 2026-07-23 (AgendaPacket)

Luizzi Companies's other public contracts

City of Troy, New YorkCity advances One Monument Square deal with Luizzi · Jul 23, 2026Undisclosed City of Hudson, New YorkCity Advances DRI Closeout Payments to Luizzi · Jan 20, 2026 City of Hudson, New YorkCity Advances $400K Payment to Luizzi for DRI · Dec 8, 2025 City of Hudson, New YorkLuizzi Companies Pending on Streetscape Project Punch List · Nov 18, 2025Undisclosed Village of Colonie, New YorkLuizzi Companies Seeking Approval for Site Plan Review · Oct 7, 2025Undisclosed All Luizzi Companies contractsVendor profile

More City of Troy contracts

Rifenburg Contracting CorpRifenburg Awarded Frear Park Playground Site Work · Oct 21, 2026Undisclosed Bonadio GroupTroy Accepts Fiscal 2025 Audits From Bonadio Group · Oct 21, 2026Undisclosed United States Department of AgricultureTroy Authorizes USDA Crow-Roost Management Agreement · Oct 21, 2026 Landscape Structures IncTroy Authorizes Frear Park Playground Deal With Landscape Structures · Oct 21, 2026 Parkitects IncTroy Authorizes Parkitects For Frear Park Playground Work · Oct 21, 2026 All City of Troy activityAgency profile

Questions about this contract

Who was awarded the facilities contract by City of Troy?

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

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 City of Troy Finance Meeting 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.

What other contracts does Luizzi Companies hold?

Luizzi Companies may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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