News

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…

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…

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…

The Advance Albany County Alliance has received a $500,000 FAST NY grant award from Governor Kathy Hochul and Empire State Development for the 58-acre Al Tech Advanced Manufacturing Campus: the single-best industrial development site in Albany County. Under the Governor’s dynamic leadership, essential funding is now available to partner with local economic development organizations and advance “shovel-ready” sites, creating more competitive opportunities. The site, which sat vacant and contaminated for many years before the Alliance’s involvement, is being redeveloped and…

The Albany County Pine Hills Land Authority (ACPHLA) board today voted unanimously to approve the sale of five properties on the former College of Saint Rose campus to Albany County. The $6,000,000 sale includes major purpose-built structures such as the Event and Athletics Center and the former Hearst Communications Center. While Albany County has been operating under a temporary use agreement for the facilities approved earlier this year, the sale now transfers sole ownership to Albany County. The five properties…

The Albany County Pine Hills Land Authority (ACPHLA), together with its redevelopment planning and design consulting team led by CPL, hosted the second of three “Reimagine Saint Rose” community visioning workshops Thursday evening, advancing the effort to gather public input and collaboratively chart a future for the former College of Saint Rose campus in the Pine Hills neighborhood. The 26.5-acre site, acquired by ACPHLA in early 2025 for $35 million via tax exempt bonds, remains the focus of a community-driven…

Our Mid-Year Report prepared for the County Legislature earlier this fall outlines progress in economic development, innovation and countywide initiatives, along with the latest investment metrics that reflect current trends and future opportunities.   Read the full report here: AACA_2025 Mid Year Report

The Albany County Pine Hills Land Authority (ACPHLA) announced major progress on its “Reimagine Saint Rose” initiative, an effort to shape the future of the former College of Saint Rose campus through inclusive, community-centered planning. At its September 11 board meeting, the consultant teams, CPL, Cresa and River Street Planning presented updates on Phase I – Site Analysis and Data Collection, now nearing completion. Work has included background and utility assessments, evaluations of existing buildings, and demographic and market studies.…

Albany County Executive Daniel P. McCoy, the Advance Albany County Alliance Board of Directors and its leadership today joined Governor Kathy Hochul and Empire State Development in celebrating the first “swing” to demolish the Central Warehouse. Governor Hochul and County Executive McCoy gave the order to ceremonially begin the demolition process, which is being led by the team of Gramercy Group, Inc. and LiRo-Hill. The partner companies, which together earned the bid for the massive and intricate project, have already…

The Albany County Pine Hills Land Authority (ACPHLA) has unveiled the “Reimagine Saint Rose” brand, a unified vision and community-focused initiative to guide the redevelopment of the former College of Saint Rose campus. As steward of the 26.5-acre property, ACPHLA is leading the transformation into a vibrant mixed-use destination that honors the site’s legacy while creating opportunities to benefit communities across Albany County. The “Reimagine Saint Rose” brand reflects a bold, inclusive approach to redevelopment of the campus, which is…