DCG Development Nears Building Large Office/Warehouse Space In Clifton Park

BY PAUL POST

A Clifton Park fi rm’s proposed $8.9 million project would help bring new business to the area, and give existing small ventures a place to expand.

The Clifton Park Industrial Development Agency recently approved a nearly $1.3 million incentive package for DCG Development to build 57,360 square feet of office and warehouse space on currently vacant land at 26 Wood Road, just east of Northway Exit 10.

Plans call for three separate structures, ranging from 7,200 square feet to 26,400 square feet, which would be built on speculation—meaning DCG develops the facilities without having signed leases from tenants.

“We’re hoping to break ground as soon as the weather breaks and have space available for lease in the third quarter,” company vice president Donald MacElroy said. “It’s a matter of continuing with a successful formula.”

DCG previously developed, leased and later sold Tech Valley Flex Park, directly across Wood Road from the proposed new construction site. The Flex Park’s 36-acre campus is home to more than 20 different businesses. Its largest tenants are Death Wish Coffee and WyreStorm, an audio and video equipment manufacturer.

“We had great success with that fi rst project,” MacElroy said. “It gives people the opportunity to run a business where they need an overhead door, some warehousing space, or maintain a small on-site office. We’ve dealt with everyone from distributors to small contractors and we’ve done a good deal of business with folks servicing or involved with construction of the GlobalFoundries complex over the years. I would see that continuing in the future.”

GlobalFoundries is pursuing plans to build a second, large semiconductor manufacturing plant at Luther Forest Technology Campus in Malta adjacent to its current plant.