![]() The 187,000-square-foot building at 2 Rensselaer Ave. Those plans, though, are subject to the ongoing state approval process for such operations. It was listed on the National Register of Historic Places (NRHP) during 1971. Built during 18991900, it served originally as the citys railroad station but now houses credit union offices. They also are proposing to turn a warehouse they own at a former BASF chemical site into a cannabis-growing facility. Union Station, also known as Albany Union Station, is a building in Albany, New York on the corner of Broadway and Steuben Street. Their company already operates the Bell Top apartments on Lawrence Street. Rensselaer has seen a lot of real estate activity in recent years, with affordable housing and apartments built, he said. Guests could walk along Herrick Street over the tracks and reach the hotel through an enclosed pedestrian walkway from the street, Brayton said. Moreover, hotel space in downtown Albany is finite, with people coming to the city often staying in Colonie, a good 20 minutes away, compared to the five-minute ride from Rensselaer. Many are headed to cultural, business, or political events across the river in Albany, so building a hotel next to the train station makes sense, Brayton said.ĭemand could also come from people visiting the Albany Molecular and Regeneron health science facilities just east of Rensselaer. ![]() The Amtrak train station is the nation’s eighth busiest, hosting more than 640,000 travelers per year. His plans were reported earlier in the Albany Business Review.īrayton said he is working with an engineer and surveyor on site preparation and hopes within several months to approach city officials about getting the spot “shovel ready” for a hotel.Īlso needed, he said, is support from the city’s Industrial Development Agency, which can grant breaks on sales and property taxes. ![]() ![]() There is currently a Quonset-hut-style storage building on the site.īrayton said he envisions a five- or six-story, 110-room name-brand hotel, with a banquet hall on top that would provide visitors with a commanding view of the Albany skyline. The $15 million hotel would sit on a 2-acre parcel the Braytons own just west of the train station at 11 Fourth Ave. ![]()
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