AACA News

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…

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    

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…

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…

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…

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…