{"id":30006,"date":"2017-08-03T13:50:31","date_gmt":"2017-08-03T17:50:31","guid":{"rendered":"https:\/\/www.saratoga.com\/saratogabusinessjournal\/?p=30006"},"modified":"2017-08-03T13:50:31","modified_gmt":"2017-08-03T17:50:31","slug":"senior-housing-community-ballston-spa-envisions-83-townhouse-style-units","status":"publish","type":"post","link":"https:\/\/www.saratoga.com\/saratogabusinessjournal\/2017\/08\/senior-housing-community-ballston-spa-envisions-83-townhouse-style-units\/","title":{"rendered":"Senior Housing Community In Ballston Spa Envisions Having 83 Townhouse-Style Units"},"content":{"rendered":"<figure id=\"attachment_30007\" aria-describedby=\"caption-attachment-30007\" style=\"width: 1002px\" class=\"wp-caption alignleft\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-30007\" src=\"https:\/\/www.saratoga.com\/saratogabusinessjournal\/wp-content\/uploads\/sites\/48\/2017\/08\/senior-housing-hc.jpg\" alt=\"\" width=\"1002\" height=\"740\" srcset=\"https:\/\/www.saratoga.com\/saratogabusinessjournal\/wp-content\/uploads\/sites\/48\/2017\/08\/senior-housing-hc.jpg 1002w, https:\/\/www.saratoga.com\/saratogabusinessjournal\/wp-content\/uploads\/sites\/48\/2017\/08\/senior-housing-hc-300x222.jpg 300w, https:\/\/www.saratoga.com\/saratogabusinessjournal\/wp-content\/uploads\/sites\/48\/2017\/08\/senior-housing-hc-768x567.jpg 768w\" sizes=\"auto, (max-width: 1002px) 100vw, 1002px\" \/><figcaption id=\"caption-attachment-30007\" class=\"wp-caption-text\">This rendering depicts what the proposed senior housing community on Hutchins Road would look like. The townhomes would have two bedrooms and two baths on a single floor.<br \/>Courtesy Malta Development Inc.<\/figcaption><\/figure>\n<p class=\"p1\">By Jill Nagy<\/p>\n<p class=\"p2\"><span class=\"s1\">Malta Development Co. is planning an 83-unit senior housing community on Hutchins Road in Ballston Spa. <\/span><\/p>\n<p class=\"p2\"><span class=\"s1\">Developer Tom Samascott hopes for approval in August and said construction would begin in the spring.<\/span><\/p>\n<p class=\"p2\"><span class=\"s1\">He described the project as townhouse-style rental units, each of them with two bedrooms and two baths on a single floor. He anticipates rents of $1,700 to $1,800 a month. <\/span><\/p>\n<p class=\"p2\"><span class=\"s1\">The buildings will have vinyl siding and asphalt shingle roofs. Amenities will include pocket parks with garden beds and a dog park. There are no plans for a fitness center, community room or similar facilities. <\/span><\/p>\n<p class=\"p2\"><span class=\"s1\"><!--more-->\u201cThe development is too small,\u201d Samascott said. <\/span><\/p>\n<p class=\"p2\"><span class=\"s1\">Apartments will be available for people age 55 years and older, and the development is aimed at seniors wanting to downsize from single-family homes.<\/span><\/p>\n<p class=\"p2\"><span class=\"s1\">The development would be on a 14-acre currently wooded site. An existing house would be razed and the area behind it cleared for the construction.<\/span><\/p>\n<p class=\"p2\"><span class=\"s1\">KVA Construction, a subsidiary of Malta Development, will do the construction at an estimated cost of $12 to $13 million, said Samascott.<\/span><\/p>\n<p class=\"p2\"><span class=\"s1\">Malta Development Co. has developed neighborhoods in the area including Brownell Farms, Olde Saratoga Estates, Edgewood Estates, Furlong Hills, The Estates at Northern Pines, Kaydeross Estates, Creek View Court, Jessica Trace, Century Farms, Meadowview Estates, and Creekside Park.<\/span><\/p>\n<p class=\"p2\"><span class=\"s1\">The company was started by Samascott in 1988.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Jill Nagy Malta Development Co. is planning an 83-unit senior housing community on Hutchins Road in Ballston Spa. Developer Tom Samascott hopes for approval in August and said construction would begin in the spring. He described the project as townhouse-style rental units, each of them with two bedrooms and two baths on a single [&hellip;]<\/p>\n","protected":false},"author":89,"featured_media":30007,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[41],"tags":[],"class_list":["post-30006","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-senior-living-retirement"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\r\n<title>Senior Housing Community In Ballston Spa Envisions Having 83 Townhouse-Style Units - Saratoga Business Journal<\/title>\r\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\r\n<link rel=\"canonical\" href=\"https:\/\/www.saratoga.com\/saratogabusinessjournal\/2017\/08\/senior-housing-community-ballston-spa-envisions-83-townhouse-style-units\/\" \/>\r\n<meta property=\"og:locale\" content=\"en_US\" \/>\r\n<meta property=\"og:type\" content=\"article\" \/>\r\n<meta property=\"og:title\" content=\"Senior Housing Community In Ballston Spa Envisions Having 83 Townhouse-Style Units - Saratoga Business Journal\" \/>\r\n<meta property=\"og:description\" content=\"By Jill Nagy Malta Development Co. is planning an 83-unit senior housing community on Hutchins Road in Ballston Spa. 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