Couresy of Bonacio Construction
By Rod Bacon
A mixed-use project is well on its way to completion in downtown Saratoga Springs.
A topping off ceremony marking the placement of the final steel beam was held recently at 78 Church Street Condominiums. The beam was signed by many of those involved in the project, including the company’s real estate arm Julie & Co. Realty LLC, the development group, Bonacio Construction, and Bonacio Steel.
The project, being built by Bonacio Construction, received approval September 6, 2024, and ground was broken immediately. A completion date of September of this year is targeted.
The building is replacing a single-story structure that housed storefronts, most notably Carpetland.
According to Director of Project Development Amber Mathias, the approximately 72,000-square-foot building will house 23 residential condominiums as well as two commercial units on the ground level. She noted that the commercial units are appropriate for retail or office space.
The ground level area not taken up by the commercial units will be temperature controlled covered parking with a designated parking space for tenants included in the purchase price.
There will also be a community room that the public can book with Bonacio Management for meetings at a very reasonable rate. Mathias used the example of Habitat for Humanity using the room for planning purposes.
Condo residents can take advantage of a gymnasium and a common area rooftop deck.
Two-bedroom, two-bath or three-bedroom, two-and-a half bath units ranging in size from 1,500 square feet to 2,500 square feet will be available. All units will feature GE Cafe stainless steel appliances, quartz countertops, gas fireplaces, recessed lighting, tiled showers, and hardwood flooring throughout. It will be a five-story building with the top floor “wedding caked” in.
“Those units are really special,” said Mathias. “They’re going to have kind of an exterior patio all around the units.”
Bonacio is working with the attorney general to finalize their offering plan and once that is approved pricing will be available and they will start marketing those spaces. According to information supplied by Julie & Co., pricing will probably start at $1.17 million. Further information is available at juliecorealty.com. To reach an agent directly email Julie@Bonacio.com.
The property is owned by 78 Church Street LLC that is comprised of two investors, Bonacio being one.
Olsen Associates, Architects P.C. designed the building. Site development was done by The LA Group, and engineering was by Spring Line Design. Funding was provided by Adirondack Trust Company.