Courtesy of Blue Iron Development
By Christine Graf
Elements at Saratoga Lake is nearing completion of its second phase of construction. Located at 1 Forest Ridge Blvd. in Saratoga Springs, the 26-building complex is situated on 55 acres, just a short drive away from Saratoga Lake and Global Foundries.
Blue Iron Development, a full-service real estate development company based in Mechanicville, acquired land and development rights for the townhome project for $5 million in 2021. They broke ground in July 2022, and upon completion of phase two, Elements at Saratoga Lake will have a total of 260 luxury apartments available for rent. Construction is expected to wrap up in early fall.
There are six different floor plans from which to choose for the energy efficient one- and two-bedroom units. Although just one model includes an attached garage, separate garages and on-site storage units are available for rent.
Rents start at around $2,000, a price that includes water, sewer, trash, internet and cable. All apartments feature high-end finishes, and residents have access to numerous amenities including a 24/7 fitness center, indoor heated lap pool, outdoor pool (under construction), 24/7 indoor basketball/pickleball court, golf simulator, yoga studio, pool table, and fire pits. The clubhouse also features an outdoor three-season space with televisions and a fireplace
“We have what I think is the nicest clubhouse in the Capital Region,” said Cory O’Brien, director of leasing. “We have several lounge areas as well as a private lounge that you can reserve for parties. We also have office space that tenants can use on a first-come-first-serve basis, and we have a small conference room. We plan on adding grill stations and picnic tables, and we also hope to add saunas.”
A fenced-in dog park as well as a dog washing station are also available for pet owners. Indoor and outdoor wi-fi are accessible to tenants throughout the entire facility, and a self-serve coffee and tea station is located in the clubhouse.
A property manager lives on-site, something that O’Brien said adds a significant level of comfort for their residents.
“We are very accessible, and it’s nice to have someone here if there are any issues after hours. And tenants can come in and have a conversation with us at any point,” he said.
According to O’Brien, management has received nothing but positive feedback from tenants.
“Everybody loves it,” he said. “They are very happy with the amenities that we have. They also like that it is a quiet piece of property. It’s tucked in the woods, but we are only about six or seven minutes to the Northway. You feel like you are away from everything, but you’re really not.”
For more information, visit elementssaratoga.com.