May 28 2021

Week in Review: May 24 – May 28, 2021

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:


Register-Star: Hudson ranks 3rd on Center for Economic Growth’s same-sex households list

Saratoga Today: 20 New EV Charging Stations Installed at Crossgates



Schenectady Downtown Revitalization Initiative projects awarded

“More apartments, more retail, new downtown artist studios and improved walking paths.

These are some of the projects New York State has announced to reshape downtown Schenectady as part of the $10 million Downtown Revitalization Initiative grant. The city won the grant in 2019.”

Senators announce $21M in upstate airport grants

“Seventeen airports across upstate New York,including two in the Hudson Valley, will share in more than $21 million in federal grants, U.S. Sen. Kirsten Gillibrand and U.S. Senate Majority Leader Charles Schumer announced Friday.

The funds will support various safety and improvement projects. Columbia County Airport will receive $100,000 to rehabilitate a runway and taxiway, while Hudson Valley Regional Airport in Wappingers Falls will receive $60,000 to purchase aircraft rescue and firefighting equipment.”

AlbanyCanCode becomes CanCode, plans for more growth

“The workforce development program AlbanyCanCode reached more students than ever last year — a testament to both demand for the tech training and the ability of virtual classes to reach more people.

‘We even had a woman who attended class within 24 hours of giving birth in the hospital,’ founder Annmarie Lanesy said.”

DPS Global expansion in Albany powered by advanced manufacturing growth

“DPS Global has been growing so fast that it’s already outgrown last year’s office expansion on the third floor of the ZEN Building in Albany.

The Ireland-based architecture and engineering firm expanded its space by 1,800 square feet last year, and its request to expand by another 4,100 square feet was just approved.”

GE Research developing wind turbines that float in ocean

“Researchers at General Electric’s corporate research lab in Niskayuna are working on a way to make massive wind turbines float by themselves in the middle of the ocean — a technology that could significantly increase the amount of offshore wind production across the globe.

But getting a wind turbine that is nearly as tall as three football fields are long sounds like a nearly impossible task — although GE scientists say they are up to the challenge as part of a two-year, $4 million project for the Department of Energy.”

Jobs are coming back, latest employment report shows

“A year ago, the bottom fell out for those working in restaurants, hotels and anywhere else people went to enjoy themselves. Covid-19 had forced the nearly overnight shutdown of the economy.

A year later, the recovery had begun, and April’s unemployment report indicated just how quickly the economy is bouncing back.”

Developer eyes Carson City

“Neighbors are expressing concerns about an outdoor recreational facility proposed for the

former Carson City on Route 32.

Carson City was a popular tourist attraction for decades, recreating a town in the Old West town complete with gunslinger “shootouts,” a saloon and a train depot, where mock robberies were staged. The culprits were taken, of course, to an old-time jailhouse.”

Kilcoyne Farm seeks to open slaughterhouse at Airport Industrial Park

“A Hudson Falls farm wants to build a beef and pork processing plant at the Airport Industrial Park.

Kilcoyne Farms has filed an application with the Warren-Washington Industrial Development Agency to build a 25,000 to 30,000-square-foot building on a 21-acre vacant parcel on Ferguson Lane.”

Northern Saratoga towns release report on opportunities for growth and investment

“Four Northern Saratoga County towns that, like many rural communities have experienced population losses, now have a unique opportunity to attract new residents weary of urban life who prefer a quiet, rural community that combines the splendor of the Adirondacks with world-class cultural, business, health care and educational amenities nearby.

‘Hadley, Day, Edinburg and Corinth are located in the Adirondack foothills of Northwest Saratoga County, an area of extraordinary natural beauty, reasonable housing and living costs and practically limitless opportunities for outdoor recreation and enjoyment,’ according to a new report.

Residents of the four Northern Saratoga County communities enjoy the best of both worlds – rural living with easily accessible urban amenities like brew pubs, ethnic restaurants, libraries, theaters, book shops and coffee houses.’”


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