First Columbia Receives Community Impact Award for Transformative Troy Developments

 

First Columbia has been honored with the Community Impact Award by the Albany Business Journal’s “Real Estate Deals of the Year 2025.”

LATHAM, N.Y. (Feb. 26, 2025) — First Columbia received the award for the company’s significant contributions to Troy, NY highlight the innovative commercial and mixed-use developments that drive economic growth and enhance the local community thru its Waterfront District.

Investing in Troy’s Future

For years, First Columbia has been a key player in Troy’s revitalization, bringing strategic real estate projects to life. The company’s recent developments include:

  • 433 River Street – A major office/mixed-use renovation
  • Waterfront Courtyard Marriott Hotel – Supporting hospitality and tourism
  • Extra Space Storage Facility – Meeting the city’s growing storage needs
  • Bargain Grocery – Expanding food access in the community
  • Flanigan Square Lofts & Central Rock Gym – A blend of residential living and fitness amenities

Each of these projects reflects First Columbia’s commitment to creating sustainable, community-focused spaces that benefit residents, businesses, and visitors alike.

A Recognition of Dedication and Collaboration

The Community Impact Award serves as a testament to the dedication and expertise of First Columbia’s team, including professionals across design, construction, leasing, property management, marketing, and leadership. Through a collaborative approach, the company continues to develop high-quality properties that support Troy’s ongoing growth.

About the Award

The Albany Business Journal selects honorees through an independent editorial review, recognizing projects that significantly impact the region’s real estate landscape. The selection process is conducted solely on the merits, achievements, and contributions of each company, ensuring a fair and unbiased recognition of excellence.

Looking Ahead

First Columbia remains committed to investing in Troy’s future and delivering transformative projects that strengthen the local economy. As the company continues to expand its portfolio, it looks forward to bringing even more innovative developments to the region.

Read more about this recognition and the full list of honorees here:
🔗 Albany Business Journal – Best Real Estate Deals 2025

For updates on First Columbia’s latest projects, follow the company on [Instagram] and [LinkedIn].