Courtesy Malta Development Inc.
By Jill Nagy
Malta Development Co. is planning an 83-unit senior housing community on Hutchins Road in Ballston Spa.
Developer Tom Samascott hopes for approval in August and said construction would begin in the spring.
He described the project as townhouse-style rental units, each of them with two bedrooms and two baths on a single floor. He anticipates rents of $1,700 to $1,800 a month.
The buildings will have vinyl siding and asphalt shingle roofs. Amenities will include pocket parks with garden beds and a dog park. There are no plans for a fitness center, community room or similar facilities.
“The development is too small,” Samascott said.
Apartments will be available for people age 55 years and older, and the development is aimed at seniors wanting to downsize from single-family homes.
The development would be on a 14-acre currently wooded site. An existing house would be razed and the area behind it cleared for the construction.
KVA Construction, a subsidiary of Malta Development, will do the construction at an estimated cost of $12 to $13 million, said Samascott.
Malta Development Co. has developed neighborhoods in the area including Brownell Farms, Olde Saratoga Estates, Edgewood Estates, Furlong Hills, The Estates at Northern Pines, Kaydeross Estates, Creek View Court, Jessica Trace, Century Farms, Meadowview Estates, and Creekside Park.
The company was started by Samascott in 1988.