How to resolve AdBlock issue? STILLWATER - Cailean Mackay, President of Luther Forest Corp., has proposed to develop a section of their real estate portfolio within the Luther Forest Technology Campus, adjacent to GlobalFoundries.
The proposed $60 million Luther Forest Business Park, off Luther Forest Boulevard on Shenandoah Drive, would be developed on 62 acres of the Mackay family’s real estate portfolio. Plans include the construction of six buildings, and possibly a seventh, ranging from 45,000 sq. ft. to 166,000 sq. ft, and 30 business suites each totaling 1,500 sq. ft.
Mackay, who is also the General Manger of Saratoga Lake Golf Club, and family, has operated a variety of local businesses. The goal of the Luther Forest Business Park is to bring more manufacturing, warehousing, research, and office jobs to the area with the business suites housing landscapers, contractors and other small businesses looking for mixed-use spaces. Construction could begin as soon as this fall.
Read the full story on www.saratogabusinessreport.com.
