News: Brokerage

C2 Architecture completes $20 million Electric City; joint project between Prime Cos. & Highbridge Development

Schenectady, NY C2 Architecture celebrated the completion of the $20 million Electric City mixed-use project at a ribbon cutting attended by state and local officials and members of the business community.

Electric City is a joint project between Prime Cos. and Highbridge Development. C2 Architecture was the architect. Electric City boasts 104 apartments and 12,000 s/f of ground floor retail space.

The three-story building, with apartments and ground floor retail space, stands where there were once empty deteriorating buildings.

The Electric City Apartments offer amenities that include a courtyard and parking garage. The courtyard sits on top of the 116-space parking garage that is 15 ft. off the ground and protected on one side by a short wall. The design ensures only tenants and their guests can access the outdoor area. The courtyard features artificial turf grass, lounge chairs, bocce balls, a ping-pong table, gas grills, cornhole boards and patio tables. Still to come are a gas pizza oven and fire pit table with granite counters.

Of the 64 units available, 48 are leased. 

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Yes, there are lessons to be learned from the largest companies in America when comes to managing your real estate. But the decision to buy or lease real estate may not be one of
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking