CEG Economic Development Week in Review November 3 – November 7, 2025

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:

CEG IN THE NEWS

WRGB News 6: Albany County leaders react to ON-RAMP expansion at former Saint Rose campus

The Ithaca Voice: Ithaca Area Economic Development announces new leader

REGIONAL ECONOMIC DEVELOPMENT NEWS

Innovation Center At Saratoga Opens To Support Makers, Entrepreneurs, And Artists

“Five years in the making, The Innovation Center at Saratoga is now open and filling a gap in the market for workspace and collaboration opportunities for entrepreneurs, artists, inventors, and hobbyists, according to Beth Moeller, the non-profit’s president and founder.

‘They all work in silos,” she said. “But working together, ideas come out and good things happen.’

Moeller, an entrepreneur and media consultant for 30 years, conceived the idea of a resource for developing businesses and creative expressions. It allows members to use its makerspace, or open community work areas, and equipment that Moeller and her volunteers have been very successful in acquiring, she said.”

Wolf Hollow expands to Scotia, SingleCut closing Clifton Park taproom

“Two local breweries have announced developments — one an expansion, the other a closure.

Wolf Hollow Brewing Co., founded in November 2013 and located in West Glenville since 2015, will move its brewing operations to an 11,500-square-foot space in Scotia Village Plaza at 154 Sacandaga Road in Scotia. The new site will also be home to a taproom and restaurant, according to an announcement from the company. It will be the first restaurant for Wolf Hollow, which currently hosts food trucks.”

Kite’s Nest environmental education center in Hudson breaks ground

“New York state announced that construction began Saturday on ReGeneration Campus, a $7.1 million environmental education center in the city of Hudson.

The two-acre riverfront campus will provide a permanent home for the nonprofit youth organization Kite’s Nest and support ecological education, youth leadership, the arts, and environmental justice programs. The 8,500-square-foot facility will include “innovative” learning spaces — including an arts workshop, digital media and recording studio, and learning kitchen — performance and event space, a courtyard, offices, exhibition space and classrooms, according to a news release by the state Department of Environmental Conservation. It will also be a place where other nonprofits, grassroots groups and regional networks can hold gatherings, programs, trainings and events.”

RNA Institute at SUNY Albany gets $50 million expansion

“The RNA Institute at the University at Albany is getting a $50 million expansion to help bring more discoveries to market.

The investment, funded by the state through this year’s budget, will add more research space and more space to scale-up discoveries into the next generation of drugs for currently incurable diseases.”

New York Oncology Hematology CEO on $52M expansion

“Health care was not Allyson Letendre Petrone’s childhood career choice.

Her mother was a nurse, and her father was a pharmacist and administrator who became dean at the University of Iowa’s pharmacy school. But when she was a child, she would say she wanted to be a wife, a mother and an interior designer.”