For decades, the Albany-Saratoga Speedway has been a recreational cornerstone for race fans in Malta. As this property transitions into its next phase, we are honored to help shape the future of this prominent location.
Camber Ridge is a proposed transformational redevelopment across a ~50-acre parcel along Route 9 North, designed specifically for the Malta community. This project addresses the need for balance amidst rising inflation and housing costs by providing workforce housing options to help residents maintain their quality of life. This multiphase mixed-use project aims to transform the recreational site into a vibrant community consisting of housing, retail, community amenities, and walking trails.
The NRP Group and Five Corners Development are embarking on an exciting redevelopment of the historic Albany-Saratoga Speedway site, situated on an expansive 50 acres along Route 9 in the Town of Malta, NY. The visionary, multiphase mixed-use project will transform this historic recreational site into a vibrant community hub.
PROJECT LOCATION
CONCEPTUAL PLAN
RETAIL
MIXED-INCOME MULTIFAMILY
RENTAL
RETAIL
TOWNHOMES
FOR SALE / RENTAL
MIXED-INCOME MULTIFAMILY
RENTAL
SENIOR HOUSING
RENTAL
SENIOR CENTER
COMMUNITY WALKING TRAIL
This is a Concept Plan based on our review of the Comprehensive Plan and is all subject to changes based on consensus community feedback.
NRP - Columbus, OH
NRP - Austin, TX
The residential aspect of the Camber Ridge development envisions a diverse array of housing options including the potential for attainable homeownership.
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The design incorporates various building typologies, architectural styles, and densities to offer a wide range of housing options.
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Rents and housing types will cater to all age groups and income levels to ensure accessibility.
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The buildings will be interspersed with park spaces, greenways, and amenities to enhance the living experience.
HOUSING
NRP - Saratoga Springs, NY
NRP - Austin, TX
NRP - Columbus, OH
NRP - Raleigh, NC
NRP - Detroit, MI
NRP - San Antonio, TX
The proposed senior housing aims to support independent living while fostering a sense of community and providing access to services that enhance the quality of life for Malta’s senior residents.
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The modern housing is designed to offer high quality living that encourages interactions through various amenity spaces.
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A 2,500-square-foot public community center is being contemplated for year-round public use.
SENIOR HOUSING
NRP - San Antonio, TX
NRP - Raleigh, NC
NRP - Detroit, MI
The proposed retail is envisioned to attract the broader Malta community with a curated selection of shops, restaurants, and services that will create a vibrant commercial area that boosts the local economy.
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Extend the retail gateway along the Route 9 North corridor.
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Select operators based on community input and needs.