TROY, N.Y. (NEWS10) – A comprehensive plan has been developed to revitalize the Collar City and bring in new business.

“I hope they are realistic and that we have the resources to reach them,” property owner Tristen Hernandez said. “If they are, I think this will be a very exciting time for Troy.”

For the first time in 25 years, a comprehensive plan has been developed for the city. Two of the biggest ideas include building up the shoreline and revitalizing the historic downtown.

Hernandez said his building was built in 1890.

“That’s a very exciting past that we have,” he said. “Better to complement that than to destroy it or change it too much. If we are going to make changes, it could be complimentary to what we already have here and kind of integrate that into the future.”

The plan mentions making downtown a creative and cultural hub and possibly creating a recreational space on the waterfront. It also introduces possible road changes.

Mayor Patrick Madden said the plan is not just about policy but also about action and reinvestment.

“It will address a lot of needs, tax base growth, job growth, and getting the heavy truck traffic out of South Troy,” he said.

Madden is soliciting opinions and ideas. He believes that if Troy residents continue to give input and help tailor the plan, it will help make the city better for years to come.

“I often talk about the beautiful buildings that we have in Troy; I talk about our infrastructure, and I make note of the fact that people 100 years ago did that for us,” Madden said. “Now, it’s our turn to do that for the people that are going to follow us; the success of generations to come.”