LG Plaza, Inc. (Price Chopper Operating Co., Inc.) constructed a 30,500 square foot supermarket and 16,900 square feet for banking and retail space in the Town of Lake George, near Northway Exit 24.
The total project cost was estimated at $5,748,957, and the WWIDA provided sales tax exemption of up to $270,000, mortgage tax exemption of $106,313, and a partial real property tax abatement through a PILOT Agreement at an estimated value of $1,005,057 during the 10-year term to help facilitate this expansion.
As this was new construction, employee count started at zero and reported 21 full-time jobs and 66 part-time jobs in 2022.