Saratoga Economic Development Corp. (SEDC) unveiled in January plans for a new tech park that will add over 1 million square feet of ready-to-occupy commercial space for priority business sector uses.
The 180-plus acre site—called Synergy Tech Park—is one mile south of Northway Exit 10, bordered by Route 9 on the east, Kinns Road to the south and the Northway to the west.
Development will start this year. The announcement was made at SEDC’s annual member investor meeting marking its 40th anniversary year.
Officials said MJ Properties of Clifton Park is the developer, led by its president, Mark Rekucki. SEDC will collaborate with the Clifton Park Industrial Development Agency on incentives to help attract growth businesses.
SEDC and MJ Properties will co-promote the newly developed space to strategic commercial office, professional services and light industrial users. Some 405,000 square feet of proposed new space is already approved for commercial use and MJ Properties is pursing approval of an additional 600,000 square feet.