By Christine Graf
Developer Richard Askew is in the process of choosing a contractor for a $4 million, 29-unit apartment complex on Station Lane in Saratoga Springs.
The complex will be built on an 8.43-acre parcel of land that Askew purchased in 2017 for $165,000. It is located just west of a two-acre parcel that was purchased by local entrepreneur Russ Faden. Faden and real estate developer Scott Lansing are already seeking approval from the city to build a 50-unit apartment and retail complex on the property.
“We are in the process of choosing a contractor, and that should happen within the next three months,” said Askew, who owns Rondack Building Inspections in Schenectady, .
The project has approval from the Planning Board and is awaiting final approval from the city Design Review Commission.