Author: First Columbia

Longstanding plans to build a 124-room hotel on the waterfront in downtown Troy, New York are expected to take an important step forward today. The Troy Industrial Development Authority is scheduled to meet this morning and set a public hearing on the request by developer First Columbia for financial assistance to build the hotel next … Continue reading “First Columbia Announces 124 Room Hotel on Troy’s Waterfront”

Pioneer Bank has taken a new step bringing its headquarters to the Town of Colonie. More than 100 employees moved into the bank’s new $15 million headquarters this month. The building stands at the corner of one of the busiest intersections in the Albany area — Wolf and Albany Shaker roads — with more than … Continue reading “Pioneer Bank’s New $15 Million HQ”

First Columbia’s team and Pioneer Bank is putting the last few touches on the new headquarters near the corner of Wolf and Albany Shaker roads in Colonie, New York. The bank has been investing heavily in the new headquarters and its branch network to give Pioneer a more regional presence. Employees are expected to move … Continue reading “The Final Touches on Pioneer Plaza”

First Columbia announced earlier this year that it is adding new retail and office space to its well-known Riverhill Center, a 17-acre office park located near the Colonie and Niskayuna town lines. “Riverhill Center has been performing well over the last couple of years,” said First Columbia President Kevin Bette. “Many of our professional tenants … Continue reading “First Columbia Welcomes Garden Bistro to Newest Property”

Major Tech Firm Signs Lease with First Columbia at the Hedley Building on Hudson River. A leading software engineering company has set up shop in Troy, the latest of several software and tech companies to headquarter in this vibrant Hudson River city. Founded in Clifton Park, N.Y. in 2007, Apprenda finalized its move to First … Continue reading “Software Leader, Apprenda Signs on at Hedley Park Place”

With a strong office market, First Columbia is erecting 30,000 sq. ft. in Latham to fulfill a demand for Tier 1 properties. Early 2015, First Columbia announced the construction of a new speculative, two-story, 30,000 square-foot office building at its well-known Century Hill Plaza business park. 40 Century Hill Drive will be the seventh out … Continue reading “First Columbia Announces Tenant for New Spec Office Built at Century Hill Plaza”

Call it a comeback. First Columbia is showing a strong first quarter in 2014 occupancy levels at its Troy properties, following a banner year for attracting new tenants in 2013. The good news comes just one year after the state’s workforce consolidation plan removed more than 600 Department of Health jobs from First Columbia’s Hedley … Continue reading “First Columbia Reshaping City of Troy’s Workforce”