Northern New York's Premier Business Monthly
This artist’s rendering shows how the New York Meat Co. at the Jefferson County Corporate Park would look when fully built. Submitted photo by Lunco Corp.
Planners of small-scale slaughterhouses in Potsdam and Oswegatchie should be afraid of being overwhelmed by a larger meat plant being developed in the Watertown area, contends the developer of that plant. [Read more…]
General manager of COR Development Co., Steven F. Aiello, at the construction site for Beaver Meadows Apartments, Watertown. Photo by Norm Johnston/NNY Business.
Plans for a 364-unit apartment complex in West Carthage were scrapped in January because a market study commissioned by COR Development Co. created serious concerns for financiers, according to COR General Manager Steven F. Aiello.
“We would have been pleased to have done the project there, but the market study didn’t support it. There were financial challenges getting the project built there,” Mr. Aiello said. “We have an obligation to the state to make sure the project had the best opportunity to be successful.” [Read more…]
Family Dollar has announced it will move from the Price Chopper Plaza on High Street, West Carthage, to a new structure to be constructed on Broad Street in the village. Photo by Elaine Avallone/Johnson Newspapers
WEST CARTHAGE — After months of going through the planning stages, the name of the discount retail store for North Broad Street has been revealed.
In a news release Wednesday, it was announced Family Dollar will move its store from Price Chopper Plaza on High Street to a new building at 21 N. Broad St., adjacent to Paul L. Vanier’s Chiropractic Office.
The 9,180-square-foot building will be leased through Michael E. Lundy and Kent Burto of Northern Developers LLC.
According to the company, construction of the store by Mr. Lundy’s Lunco Corp. will begin as soon as plans and permits are final. Northern Developers will lease the building to Family Dollar long term. The new location is planned to be open by September.
“Family Dollar is thrilled to be the first store in this new shopping center, and we look forward to offering shoppers our everyday value and convenience at this new location,” said Howard Levine, chairman and chief executive officer of Family Dollar.
The new location will provide more space for merchandise.
Michael E. Lundy, president of LUNCO Corp., discusses his firms’ latest projects in his Carthage office. Photo by Justin Sorensen/NNY Business.
For Carthage native Michael E. Lundy, good development is a personal story
Michael E. Lundy sees the north country differently than many large-scale developers. Some 50 years ago, his father started LUNCO Corp. as a carpenter, mainly taking on remodeling jobs. Today, the Carthage native continues in a tradition of quality he learned while working beside his father. With several projects now in various stages, LUNCO is poised to see its best year ever in 2013.
