“There’s going to probably be a series of different developers that are going to be looking at the project. Some may be in the larger scale and others may be one building at a time,” he said.

Bartholomew said the good thing about the grant is that it provides certainty for officials to plan and undertake major redevelopment over several years, without going back to the state each year to seek incremental funding.

The $10 million grant will include up to $300,000 in funds to hire private consultants to work with local officials to plan the project.

Criteria for the grant requires certain planning steps before construction can begin, Bartholomew said.

“I would expect that to occur between now and the end of the year, and then next year to begin to implement some of those plans,” he said.

Glens Falls was in competition with seven cities in the Capital District region for the grant.

Criteria were as follows:

The targeted neighborhood must be compact and well-defined;

The downtown must be of a size sufficient to support a year-round economy;