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Bonacio Development

Through our forward-thinking and collaborative approach, Bonacio Development, formerly SpringCity Development, has an unceasing commitment to quality development focused on innovation and revitalization. Our projects have a proven record of creating value for our communities and investment partners.

Creating value for our communities and investment partners

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Multifamily Residential Units Developed

Our Clients

Our clients include the following:

Investor

We work with private investors to match your goals with appropriate real estate opportunities.

Commercial Business

We provide services for commercial businesses of all sizes, to locate existing or newly developed space.

Finance

We have strong relationships with an extensive network of financial institutions. Our teams can match the best financial package to your project. We have significant experience with project subsidies, including working with ESD, Historic Tax Credits, CFA Grants, Homes and Community Renewals, Opportunity Zones, and Downtown Revitalization Initiative Funds.

Property Owner

We’re always looking for new opportunities if you have a property or building you’re interested in selling or developing.

Our Story

Formerly SpringCity Development, Bonacio Development was formed in 2021 as a restructuring of the real estate development arm of Bonacio. Based in Saratoga Springs, NY, our team has been behind an impressive array of transformative projects throughout the Northeast for the past 25 years. 

Best known for our work on complex downtown mixed-use developments, we have an extensive portfolio of notable projects that blend elegant downtown living with an exciting assortment of retail uses, from movie theaters and grocery stores to charming restaurants and specialty shops. Most recently, we have moved into the boutique hospitality sector, bringing new destination experiences to the market for locals and visitors alike.

Air City Lofts, Rome NY - Bonacio Construction