In the fastest growing town within Upstate New York's fastest growing county, civic and business leaders explore new opportunities for growth. Our Matt Hunter reports from Halfmoon.

HALFMOON, N.Y. – Halfmoon already boasts one of the fastest growing populations in Upsate New York.

"We have low taxes, tremendous services, we have a lot of water infrastructure, sewer infrastructure,” Halfmoon Town Supervisor Kevin Tollisen said Tuesday. “We have the things people want."

Leaders are now looking for opportunities to expand commercial and industrial development.

"What we're looking to do is expand that and make it a larger economic driver for the town of Halfmoon," Tollisen said.

On Tuesday afternoon, the Saratoga County Prosperity Partnership released the results of its new study, exploring the feasibility of economic growth in Halfmoon's northeast corner.

"The results of the study indicate we have a couple pieces of land that are very suitable for industrial and commercial development," said Marty Vanags, president of partnership.

Officials hope to attract clean energy manufacturers. The study focused on 400 acres of combined town-owned and private land that runs along Hudson River Road.

"It's close to rail, river and also state roads,” Tollisen said. “It's got all of the inter-modal connections that are needed for some sort of large scale business."

"Putting all of that together makes it a really prime site," Vanags said.

The study identified several potential roadblocks that leaders expect to overcome without too much trouble.

"There are some wetlands, so we can't mess with that,” Vanags said. “We know we need to bring some utilities to the site; there are some transportation issues we have to deal with."

While public hearings and workshops would need to take place before the necessary zoning changes could be made, town leaders say they've already been in contact with representatives from several companies interested in possibly relocating to the area.

"There's nothing definitive as of now, but I can tell you that if one of these companies did come, it would be a game-changer," Tollisen said.