Developers Team up for Saratoga ‘Crown Jewel’ Project
Two racehorse owners want to transform one of the most prominent corners in downtown Saratoga Springs into a resort with concierge services, massages, a ballroom and a restaurant serving 20-ounce, dry-aged porterhouse steaks.
They want to reimagine the northwest corner of Broadway and Washington Street by renovating the former Rip Van Dam Hotel, connecting the property to Roth’s Adelphi Hotel and constructing an adjoining five-story, 150,000-square-foot addition.
The proposed $50 million project seeks to revive a piece of the luxury grand hotel era that made Saratoga a playground for the wealthy in the 1870s. In those days, the massive Grand Union and United States hotels were the focal point of downtown, forming an area known as Millionaire’s Row where 20 of the world’s richest people would meet each summer to talk business Read the full article from the Albany Business Review.
Project Title: The Rip Van Dam Hotel
Location: Saratoga Springs, New York
Type of Project: Hospitality