City Hall relocation takes another step

Proctors Theatre's projected new facade. / City of Troy illustration

Troy Mayor Carmella R. Mantello today announced the passage of the Land Development Agreement (LDA) for the future permanent home of City Hall at Proctors Theatre.

On October 2, City Council voted in favor of approving the LDA, paving the way for the long-awaited return of a permanent City Hall in the heart of downtown Troy. 

In an announcement, the Mantello administration said, "Currently, taxpayers are paying $760,000 annually in rent for City Hall’s temporary space at 433 River Street (the Hedley Building). A 3% annual escalator increases that cost each year. By utilizing the Troy Local Development Corporation (TLDC) as part of the relocation plan, the city anticipates saving approximately $100,000 annually beginning on day one of operations at the new City Hall location."

The LDA approval allows the City to move forward with design, financing, and construction planning in partnership with the TLDC and Proctors Collaborative. Council is expected to vote on the final lease agreement in November, marking the third and final action taken by the Council to advance the relocation of City Hall to Proctors Theatre. 

More information about the move to Proctors Theatre can be found online.

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