Report: Track Season Means $237M And 2,600 Jobs For The Greater Capital Region

April 10, 2015

A study commissioned by the Saratoga County Industrial Development Agency says Saratoga Race Course generates about $237 million in income for the region each year.
The annual summer meet at Saratoga Race Course generates $237 million in economic activity and nearly 2,600 jobs across the greater Capital Region, according to the findings of a study by the Saratoga County Industrial Development Agency (IDA) released in early March.

Commissioned by the IDA as an update to a recent impact study, the report concludes that the economic rewards from the operation of the race course have increased by nine percent since 2011 across a nine-county territory.

Conducted by Camoin Associates of Saratoga Springs, the 2014 update also shows a surge in job growth of more than 30 percent attributed to the operation of Saratoga Race Course and its participants, including owners, trainers and jockeys, as well as tourism activity generated by the historic track.
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Saratoga National Golf Club Hopes City Allows New Hotel, Other Development

April 10, 2015

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Officials of the Saratoga County Chamber of Commerce, Saratoga National Golf Course and others discuss a development project at a recent session at Gideon Putnam Resort.

A proposed major development at Saratoga National Golf Club on the east side of Saratoga Springs is being touted by its supporters as a major economic boost to the city, providing amenities that will continue to boost the area's robust tourism.

Supporters also say the project--which includes a five-star "boutique hotel," cottages for out-of-town visitors to use for extended golfing excursions, and residential units--will be in keeping with the "green belt" nature of the property on the east side of the Northway. However, they need special approval from the City Council before proceeding with the green-friendly plan.

The council is nearing a decision, but Mayor Joanne Yepsen said at press time, there would be no decision at the April 7 meeting. Yepsen said there will be at least one more workshop on the matter held before a decision is made. "There's a whole process," she noted, regarding any such change.
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Chamber Of Southern Saratoga County Celebrates Progress, Hands Out Awards

April 10, 2015

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About 305 people attended the Chamber of Southern Saratoga County awards dinner
The Chamber of Southern Saratoga County (CSSC) celebrated its strong presence in the Capital Region and across the state and handed out nine awards at its annual dinner on March 27 at the Hall of Springs at Gideon Putnam Resort, attended by 305 people.

Now 10th largest in eastern New York, the Chamber has reached new milestones in membership (1,065), major partners (60- plus), and annual budget (over $700,000).

Officials said its 37 marine-related business members help it rank near the top statewide in that industry, giving it a powerful voice that reaches the length of the Erie Canal and along transportation corridors to New York City and Montreal.
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Carson's Woodside Tavern Opens In Spot Where 'Cliff's' Fed Guests For Many Years

April 10, 2015

Bill Carson, left, owner of Carson's Woodside Tavern on Route 9P, Saratoga Lake, stands in the restaurant with Mike Cunningham, daughter Stephanie Carson, left, and wife Susan

Carson's Woodside Tavern is a new restaurant on Saratoga Lake, located in the building that once housed a longtime staple of the area, Cliff's Country Inn.

It opened in March at 57 Route 9P in Malta. The previous owners, Cliff and Kathy Barlow, retired after 37 years of running the restaurant.

New owner Bill Carson has several years of experience in the restaurant industry, his most recent venture being owner of Ravenswood Restaurant in Clifton Park for 29 years.
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Embassy Suites, With 149 Rooms And A Full Restaurant, Open In Congress Plaza

April 10, 2015

The new Embassy Suites Saratoga Springs in Congress Plaza, with this plush lobby, opened recently. The facility includes a 6,000-square-foot event space
Embassy Suites Hotels, the Hilton Worldwide brand of upscale all-suite hotels, is now open in Congress Plaza in Saratoga Springs. The opening of the new 149-suite Embassy Suites occurred in early March.

"We're excited to continue our expansion in this popular leisure market with the new Embassy Suites Saratoga Springs," said John Rogers, global head, Embassy Suites Hotels. "The innovative Design Option III prototype will enhance the guest experience by offering a great sense of space and more natural light in both guest rooms and public areas like the atrium, while maintaining Embassy's signature amenities."
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Hennessey Selected To Chair Executive Committee Of Tourism Bureau in 2015

April 10, 2015

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Megan Hennessey of the Courtyard by Marriott Saratoga Springs.
Megan Hennessey of the Courtyard by Marriott Saratoga Springs was elected chairwoman of the Executive Committee of the Saratoga Convention & Tourism Bureau at its 30th annual meeting on March 19 at the Hall of Springs, Gideon Putnam Resort & Spa.

About 125 people attended, including members, government officials and past chairmen.

Elected to serve on the committee for 2015-16 with Hennessey were Dan Fortier of Embassy Suites Saratoga Springs, immediate past chairman; Thomas Newkirk of Saratoga National Golf Course, chairmanelect; Shawn Goodway of the Saratoga Hilton, treasurer; and Steve Wilcox of Fingerpaint Marketing, at-large officer.
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Hoffman Car Wash CEO Says New Facility On Route 50 Will Be Open By End Of Year

April 10, 2015

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Hoffman Car Wash will be building another facility in southern Saratoga Springs, at the corner of Northline Road and Route 50. Officials say it will look like this one in Amsterdam.

Hoffman Car Wash will soon be expanding into Saratoga Springs. The car wash chain will be building its 22nd location in southern Saratoga Springs, located at the corner of Northline Road and Route 50, according to Tom Hoffman, CEO of Hoffman Car Wash.

Adirondack Trust Co. and Stewarts are located near the future site. The closest Hoffman's location is in Wilton, near Applebee's and Walmart. "It's one of our busiest locations," said Hoffman.

"There's a need for another car wash. It's always exciting to build something new." Hoffman said the new car wash will be extremely successful.
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GlobalFoundries Supplier PeroxyChem Will Build New Factory, Creating 10 Jobs

April 10, 2015


PeroxyChem will begin construction on its hydrogen peroxide purification plant this summer in the Grande Industrial Park in Saratoga Springs.

Company officials said the Saratoga Springs location was chosen in response to the needs of GlobalFoundries, to which PeroxyChem is a product supplier.

The factory is designed to support the Fab 8 chip plant in Malta, where the computer chip manufacturer uses hydrogen peroxide to clean and remove impurities during production.
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Ballston Spa National Bank To Expand In Albany County With New Latham Branch

April 10, 2015

Ballston Spa National Bank announced plans to expand its footprint into Albany County with a new branch office to be located at 1207 Troy-Schenectady Road, Latham.

The Saratoga County-based bank will lease space from First Columbia in a newly announced mixed-use building at Riverhill Center, an office park east of the Niskayuna town line.

BSNB currently operates 10 branches in Saratoga County and reported assets of more than $400 million as of September 30. Bank officials said that pending federal approval of the new location, the branch will feature efficient, state-of-the-art commercial banking services and is expected to open this spring.
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Vendor Space Available For The Second Annual Balloon And Craft Festival In June

April 9, 2015

The second annual Saratoga Balloon and Craft Festival is returning to the Saratoga County Fairgrounds on June 19-21.

Last year, 14,000 attended the inaugural event, according to organizers.

The event will feature multiple balloon launches, a balloon glow at dusk each evening, a craft marketplace with juried artists and artisans, a specialty food pavilion, live music, a makers pavilion, vaudeville comedy performances, pony rides, tethered balloon rides, a walk-about balloon, a food court with food trucks, a craft beer area, craft demonstrations, kids' activities, and more.
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