
By Paul Post
Bonacio Construction Co. in Saratoga Springs helped transform the Spa City with one large, multi-million-dollar project after another since its founding in 1988.
About a decade ago, the Saratoga Springs-based firm turned its attention to Glens Falls.
Now, in one of its most ambitious ventures ever, Bonacio hopes to rejuvenate South Street with a multi-phase project involving new construction and renovating existing structures such as the once-popular Sandy’s Clam Bar, Hot Shots tavern and a business incubator building behind Hot Shots at 36 Elm Street.
Elsewhere, Bonacio is still quite busy in Saratoga Springs, currently doing foundation and structural work for a new addition behind the former Rip Van Dam Hotel, connected to the adjacent Adelphi Hotel on Broadway, which was rebuilt four years ago for $28 million. The completed project will comprise one large resort with hotel rooms, studios and apartments.
In Glens Falls, “We saw a town that was once a jewel and had won the All-American City Award, but which like a lot of upstate New York communities had struggled through some down years,” said Larry Novik, company development director. “But it was clearly making a strong comeback. We saw a beautiful downtown with a really nice layout and a lot of quality, attractive buildings. We were just excited by what we were seeing.”
The company’s first project in Glens Falls was a new six-story retail, commercial and residential building at the intersection of Hudson Avenue and School Street, near the city’s new parking garage by Glens Falls Hospital.
Plans also call for a huge new mixed-use building, slated for the current Farmer’s Market lot, with commercial space fronting South Street. The structure would wrap around Sandy’s with more than 65 upscale apartments facing Elm Street


By Susan Elise Campbell

