
©2023 Saratoga Photographer.com
By Christine Graf
It’s been 10 years since First Fairfield Associates, a social enterprise investment firm, announced plans to redevelop a vacant property at 53 Putnam St. in Saratoga Springs.
Now an ownership group, Putnam Resources, LLC, is proposing construction of a 60-unit mixed-income condominium building called Putnam Commons. More than $3 million has already been invested to acquire, manage, and clean up the site.
Local author Jason Letts is among the partners.
The property is located across the street from the Saratoga Springs Public Library. A dilapidated one-story building that sat on the property was built in 1905 and once housed a dry-cleaning business. The building was razed and several underground petroleum storage tanks were found on the 0.3-acre property.
Soil testing revealed significant ground contamination that resulted in the property being declared a Brownfield site—a parcel contaminated by low concentrations of hazardous chemicals. The contamination likely resulted from a combination of petroleum and dry-cleaning chemicals
After five years of chemical remediation, cleanup of the site is complete. It is now certified as a successful state Brownfield cleanup project.



