Since opening in 2017, this venue has become a major driver of economic activity in the city core. Now, with a $54.9 million expansion underway, the ACC is preparing to nearly double its footprint, welcome larger and more diverse events, and create new opportunities for community connection and economic growth. A VISION TAKES SHAPE The most significant development at the Albany Capital Center is the upcoming expansion, which officially broke ground on October 16, 2025. The project will connect the existing facility on Eagle Street to an addition on State Street, for a combined total of 84,000 square feet of rentable space. Nearly doubling its current capacity, the expansion will include two ballrooms, a multi use area, five meeting rooms, a 3,000 square foot courtyard, and 10,000 square feet of office and storage space. With an anticipated opening date of spring 2027, this development will further position Albany as a competitive destination in the region. “For us, it’s a two fold conversation,” General Manager Shannon Licygiewicz explains. “What this expansion is going to do is allow us to attract large regional and national business, more so than we’ve been able to do in the past.The economic ripple that’s going to come from those conferences that come for the three-to-four-to-five-day blocks, not only to spend time in our facility, but to explore all of downtown Albany-- that’s the goal and mission of this expansion.” Licygiewicz says the second pillar is equally important, giving long time clients room to grow without having to leave for a larger facility. “It’s going to showcase our destination in a way we never have before, and it’s really going to allow us to welcome our current events to grow their footprint and have a bigger impact in the area,” she asserts. “The economic development and economic impact of what the expansion is going to do is going to be a game changer.” One of the unique advantages of this major capital project is that it is being built across the street, allowing the ACC to remain fully operational 67 BUSINESS VIEW MAGAZINE VOLUME 13, ISSUE 01 ALBANY CAPITAL CENTER
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