Dec. 09--GLENS FALLS -- The Park Theater renovation project in downtown Glens Falls will receive $600,000 in state funding.
Developer Elizabeth Miller is renovating the historic building on Park Street, originally used as a theater, for a performing arts space on the main floor and a 70-seat restaurant in the basement.
Miller praised EDC Warren County President Edward Bartholomew for urging her to be persistent after failing in two previous state grant applications.
"He helped walk me through the process and encouraged me to put the third application in," she said. "He's been a huge help to get this accomplished."
The inside of the structure has been gutted and new flooring added to enhance acoustics in what eventually will be a performing arts space with about 250 seats for live, theater, music, dance and film showings.
"This is another significant development dovetailing into our emphasis on arts and entertainment," Bartholomew said of the estimated $3 million project to renovate the early 20th century building that was originally a theater, but had been used in later decades as a printing plant.
Miller said she expects the renovated theater will be ready to open in about eight months.
"We're hoping to get it all completed before the next Adirondack Film Festival (in fall 2017)," she said.
The grant is part of about $700 million in regional economic development funding statewide that Gov. Andrew Cuomo announced Thursday, including about $2 million for projects in downtown Glens Falls.
The 8-county Capital District region, which includes Warren, Washington and Saratoga counties, received $83.1 million.
The region was designated a "top performing region," which qualified it for an additional $25 million in bonus funding, Bartholomew said.
Elsewhere in Glens Falls, Finch Paper will receive $1 million toward a $5 million project to analyze and develop new markets to reuse sludge from the pulp making process as fertilizer or to convert to energy.
Hudson Headwaters Health Network will receive $250,000 toward a $1 million renovation and parking expansion project at its 90 South St. women's health center, across Hudson Avenue from Glens Falls Hospital.
The city of Glens Falls will $225,000 for a storm water retention project in the vicinity of Exchange Street plaza and the Elm Street parking lot.
The funding announced Thursday is in addition to the city's $10 million state Downtown Revitalization Initiative grant announced in August.
A local committee had been considering the Park Theater, Hudson Headwaters and storm water projects for Downtown Revitalization Initiative funding, Bartholomew said.
The funding announced Thursday for those projects will free up about $1 million in Downtown Revitalization Initiative funding for other projects, he said.
Follow staff writer Maury Thompson at All Politics is Local blog, at PS_Politics on Twitter and at Maury Thompson Post-Star on Facebook.
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