January 26 2024

CEG Economic Development Week in Review January 22 – January 27, 2024

Stay up-to-date on business and economic development happenings in the Capital Region with the CEG Economic Development Week in Review. Don’t miss out on the developments that are transforming the region by following us on:



Regional cancer center proposed near Crossgates Mall, Costco site

“The Costco warehouse store planned to go next to the Crossgates Mall will likely make this part of the town more of a regional retail center than it already is.

Now, a development firm wants to put what it says will be a leading regional cancer treatment center.”

The Mailworks to move operations to Menands

“Direct mailing company The Mailworks purchased a new building in Menands that will serve as the company’s new headquarters.

The company bought 236 Broadway in Menands earlier this month for $2.5 million. The seller was Blumberg Excelsior, an office supply company.”

Local guitar pedal company Poison Noises goes national, stays rooted

“Jordan Withers started guitar-effects pedal company Poison Noises out of his apartment in mid-2020 after the pandemic cost him his day job at his local Guitar Center. In less than a year, designing, wiring and assembling pedals became a full-time job.

In less than four years, the Troy resident’s stature within the pedal-making community has grown considerably. Withers’ products can be purchased locally at several outlets and he’s in the process of branching out into regional and national markets. He can also boast a high-profile clientele, with signature pedals having been used and shouted out by members of The Cure, Mars Volta, Cage the Elephant and My Chemical Romance.:

Significant Improvements To Lake George Are Proposed Due To $10 Million Grant

“Seasonal workforce housing, a Farmer’s Market pavilion, Shepard Park fishing pier and south Canada Street improvements highlight the projects proposed for Lake George with a new $10 million state grant.

 A committee of public and private officials including four professional planners spent 16 months preparing an application for the state’s Downtown Revitalization Initiative program.”


Funding Partners