Section: BUSINESS,  Page: B9

Date: Tuesday, November 1, 1988

Intercity bus lines will begin rolling in and out of one downtown terminal this morning, following the scheduled Monday night shutdown of the Adirondack Trailways station at 360 Broadway.

The remaining station is the Greyhound Terminal at 34 Hamilton St., now becoming the Albany Bus Terminal. It will serve Greyhound, Adirondack Trailways, Peter Pan Bus Lines, Arrow Lines, Bonanza Bus Lines, Englander Coach Lines and Vermont Transit Co., an Adirondack Trailways official said. The Hamilton Street site was projected to become the location for a new transportation center in plans for a $100 million downtown retail and office complex. The proposed complex, announced in August, would encompass an area roughly between Broadway, Hamilton Street, Green Street and Hudson Avenue.

The closing of the Trailways terminal also coincides with the start of service by Kingston-based Adirondack Trailways as the Albany sales agent for Greyhound Lines Inc. of Dallas, according to Liz Hale, a Greyhound spokeswoman.

Adirondack Trailways, which owns the building at 360 Broadway, is currently seeking a tenant to occupy the two floors made available from the shutdown of the terminal there, according to Paul Provost, vice president of business development for Adirondack Trailways.

To accommodate some 55 expected bus departures a day from the 14-dock Albany Bus Terminal, Adirondack Trailways has installed new phone lines and a computer ticketing system, Provost said. The company is also considering intalling a new dispatcher and driver room, he said.

"It'll be tight at certain times of the year," Provost said of the consolidated terminal. "But the transition is going very well ..."

Adirondack Trailways will be responsible for operation and maintenance of the terminal.

The consolidation will mean that three of about 20 employees who work at the two terminals will lose their jobs, according to Greyhound's Hale, who said that the others will all be working at the Albany terminal.

Hale said she expects that consolidation of intercity bus services at one terminal will make things "faster and easier" for connections and that there "won't be any question which terminal to start from and which to end at."

Provost said the consolidation of bus terminals is not unique to the Albany area and it is "something that's happening all over the nation." He said that "more and more companies are going this route."

He said he expected no cutbacks or changes in the bus schedule for departures and arrivals.

The office-retail-transportation complex announced in August at an Albany City Hall press conference is scheduled for development by three of its principals, Ronald Krolick, an Albany lawyer; William Dantz, president of Mercer Consulting Inc., an Albany-based property management firm; and Salvatore Beltrone, one of the principals in building the Albany County civic center (to be named Knickerbocker Arena).

Plans for the development - which has not yet gotten under way - call for completion of a 30-story office tower, a 1,500-space parking garage and the transportation center by 1991. Two 11-story towers are projected to be constructed sometime after completion of that first phase.