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Courtesy SEDC
The Saratoga Economic Development Corp. (SEDC) and MJ Properties of Clifton Park Inc. held a ground-breaking celebration on Sept. 26 marking the beginning of a 155,000-square-foot facility that will become the site of a U-Haul Co. facility.
It is expected to be complete in the third quarter of 2020.
It marks the first project contained within an $18 million investment—a combined acquisition, design, infrastructure and building investment in Synergy Tech Park.
Officials said the private investment will strategically activate the commercial business park infrastructure, opening up a total of 1.2 million square feet of permitted, shovel-ready sites at its prominent Clifton Park location—one mile fronting the Northway, between exits 9 and 10, and Route 9.
Working with SEDC, the Clifton Park IDA previously froze property taxes to help enable MJ Properties’ investment into opening Synergy Tech Park.