Bachard Lofts Brownfield Redevelopment – Workforce Housing at 1441 East Maple
Troy
Summary
An empty office building near Maple and Stevenson becomes 28 apartments with ground-floor retail and office, and half the units will be income-restricted for 15 years — Troy's first brownfield using the state's new housing toolkit. The developer gets reimbursed roughly $1.1 million from the new property taxes the project creates, not from city funds.
At a glance
- Total mentions
- 1
- Last 30 days
- 0
Last discussed Jun 29, 2026.
Impact analysis
No city dollars leave the till — the developer is repaid from the project's own increased property taxes, about $1.1 million over time.
Renters priced out of the market — half the units come in below market rate — plus the underused Maple corridor and local construction trades.
None identified — though some council members noted even the 'affordable' rents are still steep for many households.
Mentions & discussions (1)
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