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October 9, 2013

Collar City Celebrates Its Latest Addition

United Group presents College Suites at City Station East with Grand Opening Ceremony

TROY, NY—A ribbon cutting ceremony and grand opening event for the recently completed East building of College Suites at City Station will be held on Wednesday, October 16th at 1520 6th Avenue in Troy from 4 to 6pm. Elected officials and over 200 guests from New York State, Rensselaer County and the City of Troy have been invited to celebrate the latest addition to the City Station neighborhood—a brand new, 157-bed graduate student housing community for Rensselaer’s graduate students, with 13,000 square-feet of prime retail space.

A wide selection of hors d’oeuvres and mocktails will be served by Troy’s Illium Café. Desert will also be provided by one of Troy’s local bakeries, Sweet Sues. In addition to individuals involved in City Station East’s development, invitations to the grand opening event have also been extended to the Rensselaer community at large. Shuttle buses from the Rensselaer Polytechnic Institute campus to City Station will be provided for Rensselaer students who wished to attend.

At full capacity, College Suites at City Station now has 151 apartment homes to accommodate up to 396 Rensselaer graduate students. With a total of three residential buildings (East, West, and South) now available within walking distance to the Rensselaer campus, City Station supports Rensselaer’s housing need as their graduate program continues to grow.

Between 24-hour group study areas to undertake team projects, a state-of-the-art fitness center, gaming areas, first floor retail, and a short walk to either class or downtown Troy, the neighborhood at City Station provides the convenience and quality of life that graduate students need to focus on balancing their academic and social life.

“We are committed to providing Rensselaer with innovative housing solutions that offer a secure, quality living environment for their students,” said Michael Uccellini, President and CEO of United Group of Companies, who owns and manages City Station. “Our College Suites at City Station incorporates state-of-the-art technology and amenities, allowing students to live, learn, and relax. The City Station community creates a competitive advantage for the graduate program at Rensselaer, helping to recruit the best and brightest.”

Across the street from the Phase 1 West building, the Phase 3 East building is along the east side of Sixth Avenue between Congress and Ferry streets. The East building has 157 student housing beds that, like West, are designated to Rensselaer graduate students. College Suites at City Station South, on the south side of Ferry Street, will remain Rensselaer graduate family housing.

“The Rensselaer graduate community at City Station is the keystone of our efforts to create an educationally supportive living environment for all graduate students,” said Stanley Dunn, Vice Provost and Dean of Graduate Education at Rensselaer. With over 100 graduate programs in more than 50 disciplines, Rensselaer attracts top students, researchers, and faculty to the City of Troy. We are grateful for our strong partnership with the United Group and for the shared commitment to our graduate students.”

In addition to graduate housing, like West, the new East building’s ground floor consists of multiple retail spaces. Prospects are very excited about the available retail space in the City Station neighborhood; there have been multiple prospects within the past month. Plum Dandy and Birkmayer Travel are already scheduled to move into two of the spaces this fall. Interested parties in commercial space should contact Tommy Uccellini at tommy.uccellini@ugoc.com or 518-687-7344.

An enclosed underground parking garage with 88 spaces is dedicated to retail customers and opened on August 1st. There are an additional 98 resident parking spaces now available in a parking lot at the rear of the East building.

$60 million, inclusive of infrastructure, has been invested thus far into the ~247,000 square feet of the City Station neighborhood. The United Group has received tremendous support from Mayor Lou Rosimilia and the City of Troy, as well as the State of New York through Governor Cuomo’s Regional Economic Development Councils, as part of their continued efforts to grow the local business community and expand parking facilities.

“It’s more vibrant. It’s enticing lots of students to come downtown,” said Troy City Council President Lynn Kopka.

“The City Station project was named a priority project for the Capital Region Economic Development Council in both Rounds 2 and 3, as it aligns with the council’s goals to focus on developing the region’s downtown economies,” said Empire State Development President, CEO & Commissioner Kenneth Adams. “The project is already having a meaningful impact on the revitalization of downtown Troy and we are pleased that through the Regional Council process, we are successfully leveraging critical tax payer dollars to spur private business investment and create jobs.”

Uccellini and Mayor Rosimilia did a walk-though of the new property shortly after the East building opened to students.

“It lends to the academic pursuit of the students,” said Rosimilia. “Between the private bedrooms, common areas, study areas, parking facilities, and workout rooms, [College Suites at City Station] creates a healthy living environment from both a physical and mental perspective. I think they encompassed everything…it’s a state-of-the-art facility.”

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