American Theatre redevelopment closing approval
City of TroyNew York- Detected
- Oct 16, 2026
- 11 days ago
- Sector
- Capital Projects
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From the meeting
At its October 16, 2026 public hearing and board meeting, the authority moved the American Theatre Troy, LLC project into the closing stage. The resolution authorized the agent agreement, lease, leaseback, and PILOT agreement, and approved the project's SEQRA findings and financial assistance. The work remains a redevelopment of 285-289 River Street into a theater and performing arts space.
The authorization supports follow-on construction, tax-exempt purchases, and project financing through December 31, 2027.
- Meeting date
- October 16, 2026
- Agency
- City of Troy
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