the residences of hamilton square

The Redevelopment of the Curry Road Plaza
into
The Residences of Hamilton Square
Rotterdam, New York
November 2015
THE RESIDENCES OF HAMILTON SQUARE
ROTTERDAM, NEW YORK
The Property
The Curry Road Shopping Plaza is situated on 10 +/- acres at 1410 Curry Road. The plaza has
been mostly vacant for 25 years. With 85,000 square feet of empty retail space and trees growing
through the roof of the decrepit building, the blighted Curry Road Shopping Plaza is one of the
largest eyesores in the town of Rotterdam. See the existing conditions photograph attached as
Attachment 1.
Located along one of the Town’s busiest thoroughfares, the Curry Road Shopping Plaza is
ideally situated for redevelopment. Richbell Capital is proposing to redevelop and transform the
decaying plaza into a vibrant residential community in accordance with its current zoning, R-3
Multiple-Family. The proposed multi-family redevelopment acts as a natural transition from the
commercial Curry Road corridor to the predominately residential land uses to the west and south
of the property.
Overview of the Proposed Redevelopment
The Residences of Hamilton Square will be a premier multi-family community in the Capital
District. The Residences of Hamilton Square is proposed with a total of 208 luxury rental
apartments.
The community design consists of 8 residential buildings, a first-class clubhouse and outdoor
swimming pool. Each building contains 26 residences. The buildings are three stories with
interior corridors and elevator service. Each building also contains internal garages. While the
community is not age-restricted, the building design will appeal to seniors - interior corridors for
safety and in-building garages and elevator service for convenience. See the building elevation
attached as Attachment 2.
The Residences of Hamilton Square has been designed to a standard that will put it in the top tier
of the existing apartment communities in the Capital Region. The architectural details and
components, ranging from the exterior styles to interior layouts, have been thoroughly planned to
ensure that The Residences of Hamilton Square will be a housing asset to the Town of
Rotterdam.
The community clubhouse will offer a variety of amenities for residents. These amenities include
a meeting social room, coffee bar, media center, fitness center and outdoor swimming pool.
The Residences
The size of the residences will range from approximately 800 square feet to 1,450 square feet for
the one-bedroom, two-bedroom and a limited number of three-bedroom apartments. Each
residence is designed with a spacious floor plan and pleasing layout. The residences will be wellappointed with a quality level of fit and finish. The residences are designed with large closets,
private patios and balconies, in-unit washer and dryer and high efficiency heating and cooling
systems.
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THE RESIDENCES OF HAMILTON SQUARE
ROTTERDAM, NEW YORK
Each residence has a gourmet kitchen that includes high-end cabinetry, breakfast bar and an
upscale appliance package. The bathrooms contain European-style vanities, full-size bathtub
with shower and generous linen closets.
The Site Design
The community has been designed in accordance with its centralized location along one of the
Town’s main thoroughfares, Curry Road, and will foster a neighborhood feel. The site design
and layout consists of 8 residential buildings and a community clubhouse conveniently situated
in the middle of the site. The site design includes sidewalks and decorative street lamps to further
the overall neighborhood atmosphere. The proposed redevelopment will turn the existing
blighted property into a vibrant residential community. See the conceptual site plan attached as
Attachment 3.
The existing plaza is a virtual sea of asphalt. The proposed redevelopment will actually increase
the amount of greenspace on the property. The proposed residential redevelopment also
decreases the potential traffic impacts associated with the prior retail land use. In addition, all
utilities such as water, sewer, gas, fiber, telephone, etc. are already within close proximity to the
property. This redevelopment is a prime example of utilizing the principles and initiatives of
Smart Growth development. The Residences of Hamilton Square not only reinvigorates a
dormant eyesore, but the redevelopment thwarts suburban sprawl.
About Richbell Capital
Richbell Capital (RBC) is a privately held, full service real estate company headquartered in
Saratoga Springs focused primarily on the development of multi-family communities. As a full
service real estate development company, RBC has the ability to perform site selection,
acquisition, project design, entitlement, financing, construction, and property management for
institutional quality properties.
All RBC projects are constructed by its construction management company, RBC Construction.
Upon the completion of construction, all RBC properties are managed by its property
management company, Capital District Properties.
With respect to local multi-family projects, RBC is the developer/manager/owner of The
Paddocks of Saratoga, a 420 unit luxury apartment community in Saratoga Springs. RBC is the
developer/manager/owner of the recently completed Kensington of Halfmoon, a 200 unit luxury
apartment community in the Town of Halfmoon. RBC is also the developer/manager/owner of a
408 unit luxury apartment community located on the border of the City of Cohoes and the Town
of Colonie in Albany County known as The Residences at Lexington Hills. The first phase of
The Residences at Lexington Hills opened earlier this year. RBC’s newest multi-family
community is The Gallery on Holland, a 125 unit urban multi-family project on Holland Avenue
in the City of Albany two blocks from The Albany Medical Center. The Gallery on Holland is
currently under construction and is anticipated to be completed in 2017.
In addition to the above multi-family development, RBC is active in the hospitality field through
RBC Hotels, its hotel development and management company. RBC Hotels is currently working
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THE RESIDENCES OF HAMILTON SQUARE
ROTTERDAM, NEW YORK
on the complete renovation and rebuilding of the historic Adelphi Hotel on Broadway in
downtown Saratoga Springs.
Conclusion
The vacant Curry Road Shopping Plaza blights one of the main arteries in the Town of
Rotterdam. The property is perfectly situated for redevelopment. Transforming the decaying
plaza into The Residences of Hamilton Square, a vibrant residential community, is a prime
example of utilizing the principles and initiatives of Smart Growth. This redevelopment will
reinvigorate a dormant eyesore, as well as hinder suburban sprawl.
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ENGINEERING
LANDSCAPE ARCHITECTURE
LAND SURVEYING
ROUTE 146 CLIFTON PARK, N.Y. 12065 (518) 371-7621
ENVIRONMENTAL DESIGN PARTNERSHIP, LLP