Cornerstone of Downtown Revitalization will attract $26.5 Million in Spending and 100,000 Visitors Annually
Governor Andrew M. Cuomo today announced the opening of Albany Capital Center, marking the completion of the new $78.5 million, state-of-the-art convention center in downtown Albany. The project, which transformed a long-blighted section of the City near the Capitol and spurred private development around the site, was completed in 24 months, on time and on budget. The construction of the Center employed 140 workers per day on average from 11 trades and will provide 120 permanent jobs. The ACC, with its increased capacities, is projected to attract a greater volume of new convention and meeting business to the Capital Region by tapping market segments previously unavailable to Albany.
“The completion of the Albany Capital Center will help continue to drive downtown Albany’s revitalization, creating a central space for visitors from near and far to host events, meetings, conferences and more,” Governor Cuomo said. “With this new, state-of-the-art event space in the heart of Albany, we open up endless opportunities for people to come to the state capital and see for themselves all that this area has to offer.”
The Albany Capital Center is now part of the Capital Complex, the largest and most unique event space in upstate New York. To date for 2017, the Albany Capital Center has booked 62 events that will span 101 days of activities. This year’s events will spur 3,750 hotel room nights, of which more than 3,200 are new business for Albany. An additional 28 events have already been booked through 2021. On top of the $26.5 million in annual visitor spending, approximately $1 million more in sales, use, fuel, auto rental, personal income, and occupancy taxes will be associated with new visitor spending.
“The Albany Capital Center is a shining example of the progress that is made when the state works in partnership with a local community to transform an area. The transformation that has been made since I participated in the topping off ceremony last summer is amazing,” said Lieutenant Governor Hochul. “The city of Albany is on the rise and this facility is a testament to that fact. The new convention center will help revitalize downtown Albany and serve as an economic driver for our capital city.”
The publically bid project was constructed through a Project Labor Agreement and employed union tradespeople including operating engineers, laborers, ironworkers, carpenters, masons, sheet metal workers, plumbers and steamfitters, insulators, tapers and glaziers, roofers, and electricians. Of the 16 contracts awarded, 14 went to New York State firms including 11 Capital Region companies. Over $13.9 million in contracts were awarded to certified MWBE firms, and the ACC project is on track to meet or exceed the project MWBE utilization goal of 22.75%.
Gavin Donohue, Chair Albany Convention Center Authority Board, said, "After years in the making, the entire Albany Convention Center Authority team applauds Governor Cuomo for having the foresight to build this economic generator. This project took much collaboration with local and state government, a strict construction timeline and a commitment by all parties to deliver the project on time. The ACC is a testament to what this area can achieve, and we look forward to seeing its schedule fill up in the coming weeks and months ahead as well as opening the door in the Capital Region to new shows and events."
"Governor Cuomo had the vision that building the Albany Capital Center would be an important driver to attract larger events to the Albany Region,” Office of General Services Commissioner RoAnn Destito said. "The proximity to the Empire State Plaza Convention Center, The Egg and Times Union Center offer a unique opportunity for planning meetings and conventions of all shapes and sizes.”
Senator Neil Breslin said, "The opening of the Albany Capital Center represents an historic day here in the City of Albany. The economic benefits of this project will reverberate throughout the entire Capital Region for businesses both big and small. I applaud all my partners in government and our community for working together to see this project come to fruition."
Assemblywoman Patricia Fahy said, “The Albany Capital Center is one of the most highly anticipated economic development projects this region has had in decades. Since former Mayor Jennings first proposed the idea in 1994, the project has had a number of stops and starts, so I am grateful to the Governor, the Authority, and more for persevering to get this done! I have long supported this project and will continue to work to make it a truly transformative one for businesses downtown and throughout the Capital Region.”
Assemblymember John T. McDonald III said, “The Albany Capital Center is a welcome addition to our Capital City. It has been exciting to see the progress to a venue that will be a hub in the Capital Region for tourism, events, conferences, and much more. I applaud all of the partners that have come together to make the development possible and as a member of the Albany Convention Center Authority (ACCA) I am grateful for the opportunity to be part of this project that will benefit the residents of our region.”
Albany County Executive Dan McCoy said, “This is a great day for Albany and Albany County as the long-awaited Albany Capital Center opens for business. This new facility, operating in tandem with the Times Union Center which is undergoing a large-scale, state of the art renovation, will serve as a catalyst to our local economy and make Albany more attractive for convention and tourism functions. This is the start of a new era for the region.”
Albany Mayor Kathy Sheehan said, "Today’s opening marks a tremendous step forward for the City of Albany. The Albany Capital Center will have a dramatic ripple effect on our entire local economy – from jobs, to tourism and beyond. I applaud Governor Cuomo for his leadership on a powerful project that will further our efforts to unleash the Capital City’s full potential."
Jeff Stark, President, Capital District Building and Construction Trades Council said, "Another project built on time with skilled union labor thanks to Governor Cuomo and his commitment to Upstate NY."
The Albany Capital Center features:
- Full service contemporary convention and meeting spaces on two levels with Wi-Fi, 4K audio visual system, fully carpeted, clear span column-free rooms, and ample pre-function areas throughout;
- On-site parking for 130 cars on three levels directly below two levels of convention and meeting spaces;
- Energy Star equipment, LED lighting, and energy efficient design throughout will result in savings of nearly $73,000 in gas and electric costs and result in CO2 reductions of more than 670,000 pounds annually
- 10,000 sq. ft. of fully divisible meeting spaces and a 3000 sq. ft. full service catering kitchen on the first level;
- 22,500 sq. ft. of multi-purpose ballroom/convention space that can be configured to create separate 15,000 sq. ft. and 10,000 sq. ft. areas on the second level;
- 26’ high ceilings to accommodate NCAA basketball practice courts in support of tournaments at the Times Union Center, heavy duty flooring to support automobile & trade displays, high end finishes and unique color changing LED display lighting on the ceiling that can display logos, patterns and shapes in motion or stationary position from a color palette of 16 million choices on the second level;
- Passenger & freight elevators and escalators access all levels;
- Banquet seating capacity for 1,600;
- Graduation seating capacity for 3,200; and
- Event booking and management of the facility will be handled by SMG and catering will be provided by Mazzone Hospitality.
The Albany Capital Center was developed by the Albany Convention Center Authority, a NYS Public Authority. The Authority is overseen by a nine-member volunteer Board consisting of appointees from the Governor, NYS Senate and Assembly, Albany County and The City of Albany who serve without compensation.
About the Capital Complex:
Located in the heart of downtown Albany, NY, the Capital Complex is made up of four unique meeting and event venues including the Albany Capital Center, Empire State Plaza Convention Center, The Egg Performing Arts Center, and the Times Union Center arena, which will comprise the largest meeting space in upstate New York. Connected by an enclosed walkway, the Complex includes the Empire State Plaza Convention Center, a 50,000 sq. ft. facility that includes a convention hall, seven meeting rooms and pre-function space operated by the New York State Office of General Services; The Egg, which includes two theaters that seat a total of 1,400 people along with 10,000 square feet of event space; and two locations operated by SMG including the new Albany Capital Center, a 50,000-square-foot space with six meeting rooms and pre-function space, and the Times Union Center, Upstate New York’s premiere sports & entertainment facility with 17,500 seats and 50,000 sq. ft. of exhibit and pre-function space. For more information about the Capital Complex visit www.albanycapitalcenter.com/what_is_the_capital_complex.