Economic development efforts in Lake George got a big boost on Wednesday. Gov. Kathy Hochul announced a $10 million Downtown Revitalization Initiative grant.

Hoosick Falls and Schuylerville will also get $4.5 million each.

The town and village of Lake George had applied for funding as part of its goal to make Lake George a year-round destination.

“When I read the application, it is steeped in ambition,” Hochul said while speaking at The Carriage House at the Fort William Henry Conference Center and Hotel.

The town and village plan to use the money to upgrade the Canada Street corridor and adjacent waterfront. The goals include redeveloping underutilized properties, creating more affordable housing, improving tourist amenities, upgrading streetscapes and expanding broadband capacity, according to a statement.

Hochul praised the town and village for working together to make investments that can not only help tourism, but the year-round economy.

“First-time visitors may end up becoming regular visitors or even residents. For Lake George, that bright future begins with this announcement,” she said.

The venue where they were holding the news conference is an example of the redevelopment in Lake George, according to Village Mayor Ray Perry.

“The Carriage House itself is a wonderful story of preserving history while investing in the future,” he said.

The facility hosts events such as conferences and weddings.

The town is appreciative of receiving the grant, Supervisor Dennis Dickinson said.

“We thank the governor and her staff and look forward to implementing our plans that will make significant improvements to the town. This will help us with municipal parking, housing, along with some of our environmental preservation efforts,” he said in a statement.

Hoosick Falls, Schuylerville initiatives

The village of Hoosick Falls’ projects include adding parking, upgrading streetscapes, installing parks and landscaping and showcasing the village’s architectural beauty, according to a statement from the governor’s office.

Schuylerville’s plans include adding housing to attract more residents, offering more public park and event amenities, creating tourist attractions and overnight lodging and improving signs. Schuylerville officials hope the projects will be completed in time for the 250^th anniversary of the Turning Point of the American Revolution in 2027.

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