Capital Region

Regional Economic Development Councils - Capital Region



October 22, 2014
Sage College
Bush Memorial Center
First & Congress Streets
Troy, NY 12180
10:00 a.m. – 12:00 p.m.
Register Here
Sage Troy Campus Map

2014 Progress Report


CREDC Presents

Progress Update to the Strategic Implementation
Assessment Team

2013 Progress Report


2012 Progress Report


Final Strategic Plan for the Capital Region

Final Strategic Plan for the Capital Region

Regional Economic Development Council - Success Today, Opportunity Tomorrow

Capital Region Strategic Plan

The Capital Region REDC

Saratogo Race Course is one of the Capital District's popular attractions.

The Capital Region is an attractive place to do business. Among its assets are: a strategic location with proximity to all major markets in the northeast; an extraordinary quality of life with a mix of suburban rural communities and medium sized cities, including the Capital City; a highly skilled workforce and the many world renowned academic and research institutions. These intellectual centers provide unparalleled economic development potential as well as opportunities for companies to grow and expand, especially in high tech and knowledge based industries.


Items of Interest:

Project Spotlight: Rensselaer Wharf Restoration Project

Capital Region Economic Development Council members joined the Albany Port District Commission (APDC) and state and local leaders on Monday, October 20 to celebrate the completion of the Rensselaer Wharf restoration project. A Round 1 CREDC priority project, the $8.5 million, 600-foot concrete and steel wharf was finished ahead of time and under budget.

The Rensselaer Wharf project will double shipping capacity on the Rensselaer side of the Hudson River, and will allow for increased capacity for heavy / project lift cargo. In addition, it was announced that a new commercial customer, Grande Aggregates, will utilize the reconstructed dock and ship aggregate for construction projects downstate. The cumulative project is a $20 million investment and will create 50 new jobs. This will be the first commercial customer to use this portion of the Rensselaer Wharf in at least 25 years.

“The mission of the Albany Port District Commission is to lead and develop commerce opportunities for the Port District on both sides of the Hudson River,” said APDC General Manager Richard Hendrick. “By investing in infrastructure systems we are creating tremendous opportunity for the region’s economic development. Today’s announcement of a new commercial customer already coming to the newly constructed Rensselaer wharf is a testament to the role the APDC plays in the local and international transportation system. On behalf of the APDC Board of Commissioners, I want to thank Governor Cuomo and the Capital Region Council for their support of this project.”

The Port is a critical component of the commercial transportation network in the Capital Region, handling hundreds of thousands of tons of cargo that is being transported between the Capital Region and the world. The Port’s economic contribution to New York State is more than $813 million annually.

A portion of the CREDC funding was directed toward the rebuilding of the Rensselaer dock and the remaining funds will be used to purchase a new Mobile Harbour Crane to be delivered in November. Stay tuned for future announcements on this project.

Capital Region In Depth

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