By Scott Varley
Yes, we as Saratogians are as diverse in our opinions about the growth in Saratoga as there are places to eat and drink throughout our fair city. You’ll hear comments stating that every square inch of downtown is being built on, usually with some sort of mildly unpleasant undertone as if property owners have some nerve allowing the free market to express itself through the demand and popularity of prime Saratoga Springs real estate.
I’m in real estate and I’m extremely proud of what has been built here in the last 30 years. Having been born and raised here I remember the downtown of the 1970s. Shopping for clothes with my mom and sister, Boy Scout uniforms from Starbucs department store (later Lillian’s restaurant and not to be confused with Starbucks coffee), the Community Theatre for a movie (now Roohan Realty), the House of G Chinese restaurant (on the corner of Broadway and Spring Street), the old library (now the Arts building at Broadway and Spring Street), the lunch counter at Woolworths’ on Broadway (the site where the Gap is).
It was not a very fancy or upscale place and downtown was very quiet except for during the horseracing meet. Things looked kind of run down, but to me it was home and we loved growing up here as kids.
Today, it’s a different place. The high-rise condos (first appearing almost 20 years ago) on Division Street replaced the Saratoga Bowling and filled in the old abandoned railroad property. The first building was slow to sell and most locals felt there was not a market for this type of urban-style living.
It’s a different story today. While there are still a few new high-end condos at 38 High Rock and Park Place on Broadway left for sale from before the real estate crash, you can now see the demand for these downtown maintenance-free style housing units.
New projects underway on Division Street, Phila Street, Excelsior Avenue, Union Avenue and so on, are a sign that we are not over-built and that the market is demanding these types of products for housing. These are all selling and for some record-setting prices.