
Courtesy C2 Design Group
By Rod Bacon
Construction of a retail plaza on Wolf Road in Colonie is slated to begin this month.
According to developer Russ Faden, financing has been secured through Pioneer Bank and all approvals are in place except for a permit from the Department of Transportation.
“All the contractors are lined up and we’re ready to go,” he said. “We’re just waiting on that last permit.”
Scott Lansing of Malta-based Lansing Engineering PC did much of the work to secure the approvals and permits.
The 6,400-square-foot building, designed by C2 Design Group of Schenectady, can accommodate three tenants, one of which will be a Subway sandwich shop. The estimated cost is $2.5 million.
“I own the Subway shop and we’re assuming there will be two other businesses in there,” Faden said.
Faden owns 41 Subway franchises. Most of them are in the Albany area but his reach extends north to Lake George, west to Cobleskill, and east into Vermont and Massachusetts. He said they are a combination of existing ones he purchased and others he built from the ground up, many in commercial plazas he has developed.








