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EMPIRE STATE DEVELOPMENT ANNOUNCES NEW DIRECTOR OF CAPITAL REGION ECONOMIC DEVELOPMENT COUNCIL

Michael Yevoli to Serve as ESD’s Regional Director for the Capital Region and Executive Director of the Capital Region Economic Development Council
(February 26, 2016)

EMPIRE STATE DEVELOPMENT ANNOUNCES NEW DIRECTOR OF CAPITAL REGION ECONOMIC DEVELOPMENT COUNCIL

Empire State Development (ESD) today announced the appointment of Michael J. Yevoli as Regional Director of the Capital Region. In his new position, Mr. Yevoli, who previously served as Director of Development and Planning at Columbia Development Companies, will work under the leadership of ESD President, CEO & Commissioner Howard Zemsky. Mr. Yevoli will manage daily operations of the Capital Region office in Troy and promote economic development policies to attract and retain businesses and create jobs in the region. Additionally, Mr. Yevoli will serve as Executive Director of the Capital Region Economic Development Council (CREDC), where he will lead the implementation of the region’s strategic plan. 

“Michael Yevoli brings more than two decades of economic development experience to ESD and the Capital Region Economic Development Council,” said ESD President, CEO & Commissioner Howard Zemsky. “Michael will play a vital role in helping the Council implement its strategic plan, while working to spur job creation and strengthen the regional economy.”

In his former role as Director of Development and Planning at Columbia Development Companies, Mr. Yevoli led the Fifteenth Street Housing project in Troy, which consists of a $7 million investment in 26 properties, including 213 beds for student housing. In addition, Yevoli managed Vista Technology Campus in Bethlehem. Prior to his role as Director of Development and Planning, Mr. Yevoli served as President of Capitalize Albany Corporation and Commissioner of the City of Albany Department of Development and Planning.

“I am honored to take on this new role as Capital Region Director and look forward to working with the co-chairs and members of the Capital Region Economic Development Council,” said Yevoli. “I’m also excited to be part of the State’s efforts to support business growth and job creation right here in my home region, as we work together to implement the REDC’s comprehensive strategic plan.”

Arnold Will, ESD’s Deputy Regional Director, who served as the region’s Acting Director will remain with the Capital Region office and assist with the transition.

“Michael Yevoli’s vast experience leading economic development efforts in our region make him a great addition to the Capital Region Council,” said CREDC co-chairs James Barba and Robert Jones. “We welcome Michael to the team and look forward to leveraging his expertise for the betterment of the region.”

About Empire State Development

Empire State Development (ESD) is New York’s chief economic development agency. The mission of ESD is to promote a vigorous and growing economy, encourage the creation of new job and economic opportunities, increase revenues to the State and its municipalities, and achieve stable and diversified local economies. Through the use of loans, grants, tax credits and other forms of financial assistance, ESD strives to enhance private business investment and growth to spur job creation and support prosperous communities across New York State. ESD is also the primary administrative agency overseeing Governor Cuomo’s Regional Economic Development Councils and the marketing of “I Love NY,” the State’s iconic tourism brand. For more information on Regional Councils and Empire State Development, visit www.regionalcouncils.ny.gov and www.esd.ny.gov.

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