![]() ![]() Daibes said he spent about $4 million to $5 million on the building’s construction, but he said Jo has spent significantly more to create the spa, which includes nine pools and baths and is finished in high-end materials, including marble. He has a long-term lease on the River Road building, which is owned by Edgewater developer Fred Daibes, who bought the Alcoa property after the aluminum company left town decades ago. Rae Jo of Alpine, a 60-year-old retired restaurateur. The opening of the SoJo spa club reflects the transformation of a once-industrial town into the Edgewater of today, with shopping centers and upscale housing overlooking the Hudson River and New York City skyline. Jo said he expects the spa to employ about 250 people.Ī seven-story luxury spa – offering saunas, pools, Japanese-style baths, massages and other services – is opening this week in Edgewater on part of the old Alcoa factory site.The site of the spa is on part of the old Alcoa factory site.Rae Jo has a long-term lease on the River Road building, which is owned by developer Fred Daibes
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