MALTA – The Malta 5K road race will return Saturday, Sept. 10. [Read more…]
MALTA– The ban on property tax exemptions for Luther Forest campus was struck down by the Malta Town Board during a Monday night workshop.
MALTA– The Town of Malta is hosting a special meeting next week to discuss whether tax incentives should be granted to Luther Forest Technology Campus, The Albany Business Review reports.
The Town Board of the Town of Malta will hold a workshop on Monday, Feb. 24, at 6:00 p.m. to discuss Stewarts Shops (Route 67/Luther Forest Blvd) Planned Development District. [Read more…]
On Monday, the Saratoga County Industrial Development Agency proposed issuing $70 million worth of bonds to GLOBALFOUNDRIES in order to finance infrastructure projects the company needs for expansion. The IDA has set June 10 as the date for public hearings on the proposal, and it’s possible they could approve the bonds later that same day.
There is no question the company needs the infrastructure the bonds would target for completion. And anyone would be hard pressed to argue the pace of development in Malta has been at the level most of us expected. Clearly, it hasn’t. It’s not all that difficult to come to the conclusion GLOBALFOUNDRIES has taken it upon themselves to do what needs to be done, especially with the possibility of a second, even larger plant in Luther Forest looming in the middle distance.
But as fascinating as the scale and technological prowess of GLOBALFOUNDRIES is to all of us, a more immediate issue is how much of a follow-on economic impact the plant has really had. One of the great selling points from the very beginning has been the multiplier effect–for every job at GLOBALFOUNDRIES, we were told, a few more would be created in the surrounding community. And of course there were all those new families to consider, people moving in from all points of the globe to buy or rent homes, spend money in local businesses and provide a powerful engine for economic growth.
Has it happened? Statistics mostly say yes, but one always has to be careful with numbers. Pointing to economic growth “in the area” does little for locals if the area in question is so wide as to include all of the Capital District, and maybe even beyond, instead of just the part we live in. To most of us it probably looks like little has changed.
And there’s been little sign of the suppliers and other tangential businesses we were told to expect actually setting up shop here, either. A lot of big numbers get thrown around, and there’s no doubt GLOBALFOUNDRIES is, by any measure, a gigantic project. There’s no doubt it represents a tremendous opportunity for our young as well, something Superintendent Dragone and the school district recognized from the outset. But as hard and as intelligently as they’ve worked to build a system to take advantage of those opportunities, there’s no guarantee their students will find them here at home.
And why not? One reason is surely the failure of local political leaders to really understand the enormity of the task they were taking on, or, if they did understand it, their inability to move quickly enough, at least for some. As always with politics, there are many reasons things don’t go smoothly, not the least of which being they’re not supposed to under our system. Our Founding Fathers designed our particular brand of democracy to be messy in order to ensure every voice would be heard, and sometimes that means moving slowly. In the case of Malta and GLOBALFOUNDRIES, whatever delays have occurred in building infrastructure and making changes have mostly been to ensure the local community gets a seat at the table. It’s exactly what the Founders wanted.
In the case of the local business community, the picture is a lot less rosy. While Dragone and the Ballston Spa Central School District moved quickly to implement programs to take advantage of the opportunities GLOBALFOUNDRIES was offering, a lot of the organizations one would expect to be doing the same for business instead seemed to spend more time touting their achievements than following them up.
Where is the infrastructure to support merchants and entrepreneurs and teach small businesses how to reap the benefits of economic growth on this scale? Where is the research to show the local business community where the supposed influx of GLOBALFOUNDRIES employees is shopping, or dining, or choosing a home? Why was the local public school district able to commit themselves to making the most of the chip maker’s arrival and put the programs in place to do just that, while the local business support network was not?
So much is made of the ability of local business organizations to attract new business to the area, and truth be told, most of them have done a pretty good job of it. The local chambers of commerce especially have worked very hard to present the virtues of our area to the wider world, and we commend them for it. That’s their job after all, and they do it well.
But we find it more than a bit ironic to see the school district doing business while the business community is not, and we think some elements of the latter have done a lot more in the way of self-promotion than execution. We need jobs, growth, dynamism and intensity, not a parade of beautiful statistics without the reality on the street to back them up. In the end, bringing home the bacon is a wonderful thing. Leaving it uncooked is mystifying.
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Following the Monday, April 15 public hearing on the amendments to the GLOBALFOUNDRIES Fab 8.2 environmental impact statement, discussion resumed among Malta officials at a Wednesday morning workshop. The meeting was another step in their continuing effort to parse out just how the possible expansion to the chip maker’s Luther Forest campus would take place.
The details of such an effort can at times take on a complexity akin to that of microchip fabrication itself.
“I try to look at this stuff, and it takes you five minutes to go back and figure out what each acronym stands for,” admitted Councilman John Hartzell during the workshop.
One component of GLOBALFOUNDRIES’ plan has proven especially difficult to figure out completely: traffic mitigation. But at the Wednesday workshop the biggest development addressed visual impacts.
In order to provide area residents and town officials with an idea of the scale and scope of the planned chip plant, a three-dimensional computer generated simulation will be created. The animated model will show the projected increased building height of Fab 8.2, with the stacks on top visible in some parts of the community, particularly on various points of Saratoga Lake.
There are significant benefits to using a digital model compared to simply using enlarged photographs, as is now done.
“There is value added to the digital version of it,” said Joe Lanaro of Chazen Engineering, “because that becomes something that you can keep for a long time.”
But Councilwoman Tara Thomas expressed dissatisfaction with using just the simulation and argued for a balloon test, so residents could physically see the height and location of the planned foundry.
“You can float more than one balloon … you can put up 8, 12, 20,” Thomas said. “I don’t see the harm in having both evaluations done.”
Balloons are floated over the approximate location of the plant to the proposed height of the stacks. The advantage of the test is balloons can be seen from anywhere, while the simulation only shows one basic view.
However, both essentially reveal where the visual impact would be greatest.
GLOBALFOUNDRIES Director of Risk Management, Sustainability, and Real Estate Steven Groseclose indicated he did not believe balloon testing to be necessary, since it had already been performed, though not following public notification.
“I’m sorry, Steve, is there a problem?” Thomas asked.
“It’s not a simple endeavor,” Groseclose said. He also pointed out the added expense of balloon testing on multiple days, which includes taking multiple photographs from different locations.
“You might want to check the math,” Groseclose said. “I paid the bill once. It’s around $10,000.”
Lanaro repeated the advantages of the simulation model several times, but also cited the cost of balloon testing as potentially not outweighing the benefit. Many seasonal Saratoga Lake residents would not be in their homes and therefore miss the testing, he pointed out.
“I’m not really concerned about that,” Thomas responded, noting that homeowner’s associations could relay information. Along with Councilwoman Maggie Ruisi, she insisted the “comfort level” of residents was a priority, despite town Supervisor Paul Sausville’s assertion he personally had only received one tangential comment related to visual impacts, ever.
The majority of public comments in previous meetings have been directed towards traffic issues and noise, although some have expressed concerns about property values being negatively affected by visual impacts.
“I think we need the simulation,” Sausville said, adding a “level of comfort” could perhaps be reached instead by public outreach efforts.
“I’d be satisfied with just the computer simulation,” Councilman Peter Klotz said.
The board ultimately settled for flying one or two balloons on a set date, with the public to be notified beforehand, in addition to the computer generated model. The model will be uploaded to the town’s website for viewing anytime.
The Malta Town Board will meet for their agenda meeting on April 29 at 6:30 p.m.
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After first being proposed almost six years ago, it looks like construction of the left turn lane in front of McCrea Hill Industrial Park on Route 50 is finally ready to begin. At last week’s meeting of the Ballston town board, members were informed the last property owner had agreed to a necessary easement and there is nothing left to stand in the way of the project.
There are several reasons for the delay, but by far the biggest one is the number of different agencies which must approve a job of this kind. There are a lot of moving parts involved even in something as simple as a new turn lane, and getting all the necessary paperwork in order can take a lot of time.
If so much goes into a project of the turn lane’s scale, you can imagine what Malta and GLOBALFOUNDRIES were facing with the prospect of having to get another exit from the Northway, 11A, built in order for the chip maker to build a second plant in Luther Forest. A project of that scale could potentially take a very long time, maybe even as much as a decade or more from start to finish. Which explains why GLOBALFOUNDRIES worked so hard to get around the issue with other traffic mitigation proposals.
From a business perspective, the company will obviously need to decide very soon whether to proceed with the plant. They’re in a pretty tough fight with Intel, a much bigger competitor who’s been around a lot longer, and Taiwan Semiconductor, who is bringing yet another plant online overseas right now. But lately GLOBALFOUNDRIES has really been gaining ground. They grew their business about 31 percent last year, good enough to make them the fastest-growing chip maker in the world.
GLOBALFOUNDRIES has also developed some pretty interesting technology recently, and they clearly think they have what they need to pull even, or at least get very close. The big question is whether they can bring enough of their product to market in time.
Which explains why GLOBALFOUNDRIES has been in such a hurry to get the original requirement for Exit 11A out of their Planned Development District. They need to have all the approvals in place before making a decision on the new plant, and if they decide it’s a go they need to move quickly. Were they held to the requirement to get the exit built there is little doubt they’d have to pass and build the new facility elsewhere, should they decide they need it.
The timeframe has put local officials, especially in Malta and Round Lake, in a bit of a bind. Residents in those communities are worried about the potential increase in traffic, and rightfully so. Add onto that the increased truck traffic a second plant would mean–and the dangerous nature of some of the chemicals those trucks are carrying–and its easy to see why some of the people in our area are looking at the prospect of another chip plant in Luther Forest with something less than enthusiasm.
GLOBALFOUNDRIES has traffic studies they say show their ideas on handling additional cars and trucks on the existing road net would work. They may be right. But those studies are based on their one additional plant. Taiwan Semiconductor is also thinking about increasing their manufacturing capacity by building another plant somewhere, and one of the places they’re reportedly looking is Luther Forest. Should GLOBALFOUNDRIES move forward with Fab 8.2 and Taiwan Semiconductor then decide to follow with a plant of their own, Exit 11A would certainly have to be built to get it approved.
It might have to be built anyway if the new plant goes through. GLOBALFOUNDRIES could be wrong. It’s possible Fab 8.2 alone could make the traffic situation unbearable for local residents. If it turns out they missed the mark it’s going to take a lot to fix the mistake, and everyone–company, government, agencies, residents, everyone–is going to have to work together to straighten it out as quickly as possible. Given how hard it can be to build a simple turn lane, let’s hope they got it right.