Bonacio Construction Breaks Ground On Air City Lofts
A groundbreaking ceremony was held on Tuesday in Rome for the Air City Lofts.
Bonacio Construction of Saratoga, Springs is building two, four-story buildings on over four acres of land on Route 825.
The buildings will be located at the Griffiss Business and Technology Park on the former site of Building 240.
“We heard loud and clear from the companies on Griffiss that creating an amenity-rich apartment community was so important for recruiting and keeping talent at the Park. Thanks to the City and the GLDC paving the way, this project is the first step to this community become a reality. Bonacio Construction is proud to be a part of redevelopment efforts, helping to increase overall employee quality of life, and keep critical dollars in the local Rome economy" said Sonny Bonacio, President of Bonacio Construction.
The mixed use project will contain 84 apartment units and street-level commercial space.
The estimated cost of the project is $20 million and construction is expected to take one year.
Empire State Development assisted with the project with $1.25 million in funding.