Is 7th time the charm for new proposal in Troy’s Monument Square?

TROY — Video game producer Velan Studios and development giant Luizzi Companies plan to fill space where others have failed.

The co-equity partners have proposed constructing a five-story, mixed-use building at 1 Monument Square. It would cost more than $50 million, take up 110,000 square feet, and, if approved promptly, open by 2028.

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