News

Stay up to Date with our Projects & Events

Statement from Advance Albany County Alliance CEO on the Results of the 2026 Midterm Election Read the Article

Advance Albany County Alliance CEO Kevin O’Connor released the following statement today following the 2026 midterm elections held on Tuesday, November 3, 2026:   “As CEO of Advance Albany County Alliance, I am encouraged that last night’s results — particularly at the federal level — may open the door for renewed discussions around meaningful offshore wind energy development in the United States.  Albany County is a longtime partner in enabling the growth of New York’s offshore wind energy economy. Prior to…

AllianceNEXT: Advance Albany County Alliance and Albany County Unveil New Five-Year Strategic Plan Read the Article

Advance Albany County Alliance today unveiled “AllianceNEXT: A Strategic Plan for Advancing Albany County’s Economic Growth,” the organization’s comprehensive five-year economic development strategy. Developed by HR&A Advisors of New York, AllianceNEXT is designed to accelerate business investment, create thousands of new jobs, revitalize neighborhoods and position Albany County as a leading destination for businesses to grow and thrive. AllianceNEXT builds on the Alliance’s significant achievements since its creation in 2021. “When we first set out to strengthen Albany County’s economic…

Albany County and Advance Albany County Alliance Welcome New $40 Million Expansion at Atlas Copco Plant in Voorheesville Read the Article

Albany County and Advance Albany County Alliance today celebrated the ribbon cutting at Atlas Copco Comptec’s $40 million expansion and new high-bay facility at its engineered industrial compressor factory in Voorheesville. The project, built with significant funding and assistance from the Alliance and its managed agencies, marks a significant commitment to Atlas Copco’s local employees, families and retirees as well as the greater Capital Region community.  “My administration’s core mission is to generate growth for Albany County. Today’s ribbon cutting…

Now Hiring: Real Estate/ Project Coordinator Read the Article

The Advance Albany County Alliance is seeking a motivated, organized Real Estate/Project Coordinator to help advance economic development, real estate, and redevelopment projects throughout Albany County. This full-time position offers the opportunity to work with municipalities, businesses, developers, property owners, and public-sector partners to move projects from concept to completion.   VIEW FULL JOB DESCRIPTION    

Final Demolition Phases Begin on Central Warehouse Read the Article

Governor Kathy Hochul and Albany County Executive Daniel P. McCoy have announced that the final phases of demolition are underway on Central Warehouse, a long-vacant, decaying 11-story concrete structure prominently located alongside I-787 at the entrance to Downtown Albany. While significant attempts have been made to rehabilitate the building, it became clear that demolition was the only viable option. Asbestos abatement at the site is complete, with more than 4,500 tons of asbestos and contaminated material removed. Over the coming…

County Executive’s New Podcast Features Alliance CEO Kevin O’Connor Read the Article

The Albany County Executive’s Office has launched a new podcast, Getting the Deal Done, offering listeners a behind-the-scenes look at the projects, partnerships, and investments shaping Albany County’s future. The inaugural episode features Advance Albany County Alliance CEO Kevin O’Connor, who discusses the Alliance’s role in driving economic development, supporting business growth, and advancing strategic projects throughout Albany County. Hosted by the Albany County Executive’s Office, the podcast explores the people and partnerships behind the region’s most impactful investments and…

Albany County Assumes Management of Albany County Pine Hills Land Authority Read the Article

The Advance Albany County Alliance (AACA) is pleased to share that the Albany County Pine Hills Land Authority (ACPHLA) has entered its next phase of operation under Albany County management. The transition reflects the Authority’s continued evolution as it advances redevelopment planning and implementation efforts for the former College of Saint Rose campus and surrounding Pine Hills neighborhood. Since its creation in 2024, ACPHLA has served as a public benefit authority dedicated to acquiring, managing, and redeveloping the former College…

Albany County Legislature Approves Transfer of Al Tech Steele Site to Albany County Industrial Development Agency Read the Article

The Albany County Legislature has formally approved the transfer of the long-vacant Al Tech Steele site to the Albany County Industrial Development Agency (IDA), marking a major step toward revitalizing one of the region’s most strategically located industrial properties. The action positions the IDA to lead redevelopment efforts at the former Al Tech specialty steel manufacturing campus, advancing Albany County’s commitment to economic growth, job creation, and productive reuse of underutilized industrial land. Located within the Town of Colonie, the…

County Leaders Announce Vision for New Bus Terminal at 106 South Pearl Street Read the Article

On Friday, February 27, 2026, Albany County officials joined community partners to unveil a transformative plan for the long-vacant property at 106 South Pearl Street, marking a major step forward in revitalizing this key gateway into the city. Albany County Executive Daniel P. McCoy announced that the county — in collaboration with the Advance Albany County Alliance — is issuing a request for proposals (RFP) for the redevelopment of the site, which formerly housed a McDonald’s and later the South…

Central Warehouse Abatement & Demolition Public Informational Event Read the Article

The Advance Albany County Alliance, in partnership with Albany County, Gramercy Group, and LiRo-Hill, will host a public informational event on Monday, March 2, 2026, from 5:30 p.m. to 7:00 p.m. at the North Albany American Legion (35 N. First Street, Albany, NY). This event will provide an overview of the Central Warehouse Abatement and Demolition project, including scope of work, the project timeline, and progress to date. Attendees will also have the opportunity to ask questions and share feedback…