Cuomo approves plan for new 82,000 s/f Albany Capital Center

Governor Andrew Cuomo approved the plan for the Albany Capital Center. The 82,000 s/f building will create 157 permanent jobs and 114 construction jobs over the next two years. The Albany Capital Center will serve as a link between downtown Albany, the DeWitt Clinton Hotel, the Times Union Center and the Empire State Plaza. Construction at the 1.3 acre site is set to commence June 2014. "This plan for a new convention center in downtown Albany has been a dream of the local community for more than a decade and I am pleased to announce it will finally become a reality," governor Cuomo said. "The vision for a new convention center in the area has been years in the making, but today, it is actually moving forward with the support of a functioning government that works with the private sector. This project, which requires no new state money, will generate $160 million in investment and create hundreds of new and much-needed jobs to revitalize downtown Albany. When completed, the new Albany Capital Center will help transform the Capital Region into a top destination for major events and conferences, attracting visitors and growing the local economy."