$10 Million from New York State Strengthens Center as Capital Region’s Premier Event and Meeting Destination
Project Complements Governor Hochul’s $400 Million Championing Albany’s Potential Initiative To Revitalize Albany’s Downtown Core
Governor Kathy Hochul today celebrated the groundbreaking of the Albany Capital Center (ACC) expansion project — a major milestone supported by a $10 million State investment through Empire State Development and the Capital Region Economic Development Council (CREDC). The expansion marks the next phase in establishing the ACC as the premier event and meeting destination in the Capital Region and complements Governor Hochul’s Championing Albany’s Potential (CAP) Initiative, a comprehensive $400 Million effort to revitalize downtown Albany.
“Today we’re breaking ground on the latest chapter of Albany’s transformation,” Governor Hochul said. “The Albany Capital Center has already proven to be an anchor for tourism and economic activity in the Capital Region. This expansion will allow even more residents, businesses and visitors to experience everything that makes Albany vibrant — from conventions and expos to cultural events that strengthen the local economy and community pride.”
Empire State Development President, CEO and Commissioner Hope Knight said, “The groundbreaking of the Albany Capital Center expansion reflects Governor Hochul’s vision for a stronger, more connected capital city. By investing in modern, flexible space that attracts world-class conferences and events, we are creating jobs, driving economic activity, and advancing the Championing Albany’s Potential Initiative to ensure New York’s capital thrives for generations to come.”
CREDC Co-Chairs Ruth H. Mahoney and Havidán Rodríguez said, “The expansion of the Albany Capital Center aligns with our regional blueprint to promote local economic growth. Projects like this that are growing one of Downtown Albany's biggest assets will help to encourage new investments and maximize the potential of the city's urban core. On behalf of the entire Regional Council, we are excited to support this new development.”