{"id":38810,"date":"2023-07-10T13:31:43","date_gmt":"2023-07-10T17:31:43","guid":{"rendered":"https:\/\/www.saratoga.com\/saratogabusinessjournal\/?p=38810"},"modified":"2023-07-13T15:59:50","modified_gmt":"2023-07-13T19:59:50","slug":"construction-of-white-pines-business-park-in-stillwater-in-under-way-in-luther-forest","status":"publish","type":"post","link":"https:\/\/www.saratoga.com\/saratogabusinessjournal\/2023\/07\/construction-of-white-pines-business-park-in-stillwater-in-under-way-in-luther-forest\/","title":{"rendered":"Construction Of \u2018White Pines\u2019 Business Park In Stillwater Is Under Way In Luther Forest"},"content":{"rendered":"
\"\"
This is a rendering of White Pines Business Suites being constructed in the 62-acre Luther Forest Business Park in Stillwater. The site will feature 30 boutique suites. Courtesy Forest Ridge Development LLC<\/figcaption><\/figure>\n

By Christine Graf<\/p>\n

Construction is underway on the White Pines Business Suites in the Luther Forest Business Park in Stillwater.\u00a0<\/span><\/p>\n

The suites are located in a 62-acre business park located on Shenandoah Drive, less than one mile from Global Foundries.\u00a0The park is owned by Forest Ridge Development LLC.<\/p>\n

White Pines Business Suites is the first of the seven proposed buildings at the business park where developers have received approval to build 750,000 square feet of customizable co-warehousing, distribution, manufacturing, and office space for small and medium-sized businesses.<\/p>\n

The facility will feature 30 boutique suites, each measuring 30×50 feet. Each suite will also have a 14×14 foot overhead door. Franco Construction of Ballston Spa is the contractor for the project.\u00a0<\/span><\/p>\n

\u201cThe units are 1,500 square feet, but we do have the flexibility that if someone needed 3,000 square feet, we could make that accommodation for them. So, we are flexible in terms of their size,\u201d said Jeffrey Chouinard, principal at Forest Ridge Development.<\/p>\n

<\/span><\/span><\/b><\/span>\u201cThe whole purpose of this was geared towards the small and growing business owner. What we\u2019ve seen out there in the marketplace is that there are a lot of large warehouses and buildings out there and that there are not a lot of options for the small startup business owner\u2014the small contractor.\u201d<\/p>\n

According to Chouinard, the spaces would be ideal for companies in the ecommerce, specialty delivery, or HVAC industries.\u00a0<\/span><\/p>\n

\u201cThere are hundreds of different uses for these spaces. They could be used by a small distributor that has small amounts of inventory that they need at a central location, and I just got an inquiry from someone who is an interior decorator\/designer that wants to keep samples there.\u201d<\/p>\n

If construction proceeds as scheduled, the spaces\u2014several of which have already been leased by tenants\u2014should be ready for occupancy before the end of the year.<\/p>\n

\u201cThe foundation is in, the slabs are in and poured and backfilled, and we are starting to address the parking area. Lumber is being delivered, and we\u2019ll be vertical within the next week at the latest,\u201d said Chouinard.<\/p>\n

Several other projects are in the works for the business park, and two other firms have signed NDAs with Chouinard.\u00a0<\/span><\/p>\n

\u201cWe have over 750,000 square feet approved for the entire park, and this (White Pines Business Suites) is just the first 45,000,\u201d he said. \u201cThere are a variety of different ways we can go with it. Someone can purchase a building site, and we will build to suit. They could potentially do a land lease. It depends on what their needs are, and we\u2019ve got that flexibility which is great.\u201d<\/p>\n

\u201cI\u2019m not in the position to be able to discuss it, but I\u2019m working with two other firms as we speak. They are totally different than these business suites. They are more warehouse-ish manufacturing-ish businesses. We are full steam ahead, and in the next few days I will be poring over numbers for the next building.\u201d<\/p>\n

According to Chouinard, the business park is the culmination of a 10-year project.\u00a0<\/span><\/p>\n

\u201cIt\u2019s part of an overall comprehensive plan. Adjacent to this, there an apartment component to it, and there was also a single family component to it. Luther Forest is the single family housing community, and we sold the apartment approval to the Element (Elements at Saratoga Lake). This was the last phase of three-phase project.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

By Christine Graf Construction is underway on the White Pines Business Suites in the Luther Forest Business Park in Stillwater.\u00a0 The suites are located in a 62-acre business park located on Shenandoah Drive, less than one mile from Global Foundries.\u00a0The park is owned by Forest Ridge Development LLC. White Pines Business Suites is the first […]<\/p>\n","protected":false},"author":89,"featured_media":38811,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[42],"tags":[],"class_list":["post-38810","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-summer-construction"],"yoast_head":"\r\nConstruction Of \u2018White Pines\u2019 Business Park In Stillwater Is Under Way In Luther Forest - 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\/2023\/07\/construction-of-white-pines-business-park-in-stillwater-in-under-way-in-luther-forest\/\" \/>\r\n<meta property=\"og:locale\" content=\"en_US\" \/>\r\n<meta property=\"og:type\" content=\"article\" \/>\r\n<meta property=\"og:title\" content=\"Construction Of \u2018White Pines\u2019 Business Park In Stillwater Is Under Way In Luther Forest - Saratoga Business Journal\" \/>\r\n<meta property=\"og:description\" content=\"By Christine Graf Construction is underway on the White Pines Business Suites in the Luther Forest Business Park in Stillwater.\u00a0 The suites are located in a 62-acre business park located on Shenandoah Drive, less than one mile from Global Foundries.\u00a0The park is owned by Forest Ridge Development LLC. 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