Wilmorite Construction announced a proposal to build a five‑story building at the corner of Congress and Federal streets in Saratoga Springs. The development would contain a 120‑room hotel and 21 residential units, covering 1.63 acres of land.
The hotel component would span five stories and provide 120 guest rooms, adding new lodging capacity to the downtown area. Adjacent to the hotel, 21 residential units would be integrated within the same structure, offering housing options within the city center. The combined use aims to increase both visitor accommodations and permanent housing.
The project, slated for 2026, is part of a broader effort to expand downtown amenities. By situating the building on a relatively small parcel of 1.63 acres, the proposal seeks to make efficient use of space while contributing to the mixed‑use character of the area. City officials and planners have noted that the addition of hotel rooms and residential units could support tourism and local demand for downtown living.
Wilmorite Construction's submission includes details on the building's height, room count, and unit mix, aligning with municipal goals to diversify the downtown real estate market. If approved, the development would be among the most recent additions to Saratoga Springs' hospitality and housing inventory, potentially influencing future projects in the vicinity.
The location at the intersection of Congress and Federal streets places the project within the core commercial district, where existing hotels and apartments are limited. Adding 120 rooms and 21 units is expected to raise the total inventory of downtown accommodations, providing more options for visitors attending events at the nearby racetrack and for residents seeking proximity to shops and restaurants. This expansion aligns with the city's ongoing strategy to revitalize the central corridor.