DOCSLIB.ORG

Albany Convention Center Authority Report to the ACCA Board

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Albany Convention Center Authority Report to the ACCA Board Albany Convention Center Authority Report to the ACCA Board Rentals, Rentals, Events, Events, Recreation, Recreation, Technology Technology Hotels Services Hotels Services 37% 25% 37% 25% Ad & Promo Ad & Promo 7% 7% Retail Retail 11% Food & 11% Food & Beverage Beverage 20% 20% Rentals, Events, Recreation, Technology Hotels Services Hotels 37% 25%25% 37% Ad & Promo 7% 7% Retail Retail Food & 11% Food & 11% Beverage Beverage 20% 20% November 20, 2009 Albany Convention Center Authority Report to the ACCA Board Albany Convention Center Authority Board Members: Gavin Donohue, Chair Michael Perrin Vice Chair Michele Vennard, Secretary Hon. John McEneny, Assemblyman Brad Rosenstein Lori Harris Kai Earle Michael Yevoli Contact: Duncan Stewart Executive Director Albany Convention Center Authority 386 Broadway Albany, New York 12207 (518) 275-4920 [email protected] November 20, 2009 Albany Convention Center Authority Report to the ACCA Board Table of Contents Introduction ............................................................................................................... 1 Background................................................................................................................ 2 Market Feasibility ...................................................................................................... 3 Preliminary Design .................................................................................................... 5 Preliminary Probable Cost Model.............................................................................. 10 Anticipated Benefits................................................................................................... 10 Preliminary Operating Proforma................................................................................ 13 Financing and Revenue Plan...................................................................................... 14 Impact on Existing Structures.................................................................................... 16 Environmental............................................................................................................ 17 Historic Preservation Plan.......................................................................................... 18 Community Program.................................................................................................. 19 Attachments 1. Preliminary Probable Cost Model 2. Preliminary Proforma Supporting Documents Available on Request 1. Strategic Advisory Group - Albany Convention Center Market Feasibility Study (2001) 2. Albany Local Development Corporation - Convention Center Task Force Study (2002) 3. Strategic Advisory Group - Albany Convention Center Market Feasibility Update (2004) 4. HVS International - Albany Convention Center Market Study (2007) 5. HVS International - Albany Convention Center Market Study Update (2009) 6. Basile Baumann Prost & Associates Albany Convention Center Supportable Development Range (2007) 7. Hartgen Archeological Associates - Phase 1A Assessment (2007) 8. Hartgen Archeological Associates - Phase 1B Work Plan (2007) 9. Zimmerman/Volk Associates - Residential Market Study (2006) 10. Albany Convention Center Master Plan - Public Meeting and Workshop Minutes (2007 /2008) ________________________________________________________________________________________________________ Report to the ACCA Board Albany Convention Center Authority Report to the ACCA Board Introduction The following serves to document the current status of the Albany Convention Center Authority’s (the Authority) efforts to construct a Convention Center. The Authority intends to construct the Convention Center on an approximately 6 acre site generally bounded by Hudson Avenue, South Pearl Street, Liberty Street and the South Mall Arterial. Future site of the Convention Center Page 1 Albany Convention Center Authority Report to the ACCA Board Background As the capital of New York State, the City of Albany (City) is the appropriate location for the development of a Convention Center, which can benefit the entire State, while simultaneously promoting new investment and growth within the City and surrounding Capital Region. As such, the Albany Convention Center project is viewed as a major physical, economic and social initiative that will position the City as a major competitor for national conventions and as a community of choice for new investment, growth and development. This vision is illustrated by the Authority’s mission statement: “To develop and operate a dynamic convention center facility that maximizes its economic potential through effective leadership, proactive marketing and programming, organizational integrity and transparency, community participation, fiscal responsibility, and the leveraging of economic development opportunities for others through community outreach and inclusion.” For decades, the City has viewed the project site as a blank canvas waiting for a good project to help paint a new enhanced future for New York State’s capital. The project site is underutilized, and consists mostly of vacant space currently used for surface parking lots. Situated adjacent to the Hudson River Waterfront, the proposed site is highly visible from Interstate 787 (I-787), and serves as a major gateway into the City. The development of a Convention Center will redirect growth and development opportunities into the City and Capital Region, it will contribute significantly to Albany’s skyline, and it will promote economic prosperity into an area that has for decades been devastated by urban decay. The City of Albany has a unique opportunity to bring life back into this ruined, underutilized section of Downtown Albany. For years, the City has been successful in developing projects that promote investment into other sections of Downtown, but has struggled to direct investment into this blighted area. During this time, the City and the Authority have worked to create a vision for this area, develop consensus about a shared vision, and determine the best approach for redevelopment. As a result, excitement and momentum has been built around the development of a nationally acclaimed Convention Center will also serve as a model for innovative green building design principles by setting a goal to work towards achieving Leadership in Energy and Environmental Design (LEED®) Silver Certification. Up until 2008, it was the Authority’s intent to construct a 400 room hotel and a 1,100 space parking structure in conjunction with the Convention Center. The hotel would help serve the gap in hotel rooms that previous market studies had indentified. Page 2 Albany Convention Center Authority Report to the ACCA Board Recently however, in response to changing economic conditions and potential financing mechanisms for the project, the Authority has reconsidered its approach to both the hotel and parking garage. It now proposes to partner with a yet unidentified private developer to fund and construct the hotel and partner with other public agencies to develop the parking garage. The Authority would work closely with both entities to ensure that the hotel and parking structure dovetail with the Convention Center to assure the three projects are seamlessly connected in both design and operations. Market Feasibility The vision of a Convention Center in Downtown Albany had its beginnings in the 1996 Capitalize Albany Economic Development Strategy (Capitalize Albany). From this vision, the Albany Plan was born, which identified the Convention Center as one of the key elements in realizing the City goal of “building for the future”. From its inception with Capitalize Albany, the Convention Center has been viewed as one of the important elements that would support new economic opportunities not only in Downtown Albany, but throughout the Capital District. In 2001, the City of Albany Department of Development and Planning along with the Albany Local Development Corporation commissioned the Strategic Advisory Group (SAG) to undertake a market and economic analysis to assess the market for a Convention Center. The study concluded that the Capital District has a number of smaller venues but none have the sufficient capacity to accommodate large conventions, consumer shows or exhibits to meet current market demands. The demand for conference space in Albany is served by the limited facility space available at the Empire State Plaza and Times Union Center. While both facilities provide an important venue for the Capital District, neither facility meets the program criteria that are required to attract regional and statewide conventions. The findings from the 2001 SAG report indicated that there was strong market support for a new Convention Center. The report provided preliminary development estimates and recommended that the project be developed in two phases. Phase 1 would include 214,000 square feet of Convention Center space and a 400 room Hotel. Phase 2 would include an additional 169,000 square feet for a project total of 383,000 square feet at full build-out of the project. In 2004, the Albany County Convention and Visitors Bureau commissioned SAG to update their original findings of 2001 to reflect current market conditions. In their 2004 update, SAG found that while new challenges and new opportunities exist there was no new information that would cause SAG to revise their original findings of 2001. The updated report indicated that the Capital District could significantly increase its market share
Load more

Recommended publications
  • Voting in Albany County
    LOGISTICS WHOM DO YOU ELECT? JOIN TODAY! How Can You Participate in Elections? County Government Fire, Water, Sewer Districts Membership Application County Executive, 4 years Commissioners (5 or 7): one elected every Contact the Albany County Board of County Legislators, 4 years year for a 5 or 7 year term Name: _____________________________ Elections www.albanycounty.com/ Sheriff, 4 years School Districts departments/board-of-elections District Attorney, 4 years School Board Members Address: ____________________________ 224 South Pearl Street Coroners (4 part-time), 4 years Libraries Albany, NY 12202 County Court Judges, 10 years Library Boards ___________________________________ (518) 487-5060 Surrogate Court Judge, 10 years (518) 487-5077 (fax) Family Court Judges, 10 years County government responsibilities include Phone #: ____________________________ • How do you register? the airport, elections, county highways, the • Where do you vote? Local Government nursing home, sheriff, social services, and E-mail: _____________________________ • Who’s running for office? (terms and offices vary by municipality) the health department. • How do you get an absentee ballot? (The League does not share your personal • What resources are available for Cities: Mayor, City Council, Treasurer, Cities, towns and villages responsibilities information with any other organizations.) military and overseas voters? Auditor, City Judges include assessments, animal control, parks, police, streets, and building inspections. Member: Who can Vote? Towns: Supervisor, Town Council, Town Individual: $60 Clerk, Highway Superintendent, Justice, Depending on your area of residence, • U.S. Citizen, 18 years of age or older. Assessor, Tax Collector property taxes are divided among any or all Household: $90 • To vote in local elections, residents of these units of government.
    [Show full text]
  • Submitted by the City of Rensselaer
    Downtown Revitalization Initiative “Resurgent Rensselaer” – Submitted by the City of Rensselaer BASIC INFORMATION Regional Economic Development Council (REDC) Region: Capital District Municipality Name: City of Rensselaer Downtown Name: Rensselaer Transit Village County: Rensselaer Vision for Downtown. Provide a brief statement of the municipality’s vision for downtown revitalization. The City of Rensselaer is in the process of reinventing itself as an active waterfront transit village where residents can “Live, Work and Play.” In order to accomplish this mission, the city plans to completely redevelop its waterfront, redefine Broadway as its Main Street, and improve connectivity from new residential, retail, commercial and recreational uses to the Albany/Rensselaer Train Station. Justification. Provide an overview of the downtown, highlighting the area’s defining characteristics and the reasons for its selection. Explain why the downtown is ready for Downtown Revitalization Initiative (DRI) investment, and how that investment would serve as a catalyst to bring about revitalization. The City of Rensselaer is the prime example of a community which is in the midst of rebirth as a modern-day transit village. The city boasts a wonderful location with easy access to regional rail transportation, waterfront recreation, new mixed-use housing developments and a traditional Main Street thoroughfare along Broadway. Moreover, Broadway directly connects the waterfront to a number of historic resources within the city, offering an opportunity to rebrand the city as a modern transit village and historic maritime port of call along the Hudson. A historic impediment to redevelopment along Broadway and the waterfront has been the existence of perceived and potential brownfield sites, as highlighted in the City’s New York State Brownfield Opportunity Areas Program Nomination Study.
    [Show full text]
  • 2016 Proposed Budget
    City of Albany 2016 Proposed Budget Kathy M. Sheehan, Mayor Ismat Alam, Budget Director CITY OF ALBANY OFFICE OF THE MAYOR 24 EAGLE STREET ALBANY, NEW YORK 12207 TELEPHONE (518) 434-5100 WWW.ALBANYNY.ORG KATHY SHEEHAN MAYOR Dear Common Council Members and Residents of the City of Albany: We are at a crossroads in our City where the future for private sector growth, new housing and public investment has never been brighter, but the fiscal sustainability of the very services that support this growth has never been at graver risk. Starting in 2007, consecutive City budgets included the use of Fund Balance (our “rainy day” fund) to balance the budget. This draining of our reserves occurred even with nearly $8 million in annual “spin up” revenue from the State. The most significant depletion of Fund Balance occurred in the prior administration’s 2014 budget, which did not include a “spin up” from the State. Primarily because of the resulting impact on the City’s reserves, the Office of the New York State Comptroller identified Albany as a City experiencing “Significant Fiscal Distress.” My administration’s first budget included significant cost savings measures and short-term relief from the State in the form of one-time revenue, but still required the use $2 million of Fund Balance to deliver a balanced budget. The State’s revenue relief resulted after the New York State Financial Restructuring Board (FRB) reviewed the City’s finances and recognized the gap between what it costs to provide city services and the revenue available to pay for those services.
    [Show full text]
  • Albany Capital Center Event Planning Guide
    Event Planning Guide & Rules & Regulations Albany Capital Center, 55 Eagle Street, Albany, NY 12207 518-487-2155 [email protected] Dear Partner, Thank you for your interest in the Albany Capital Center. Since our opening, countless hours have been invested in the operation of the venue to provide operation efficiencies and outstanding customer service. Every day we look to improve on our performances and raise the bar for our next guest. The facility was built with forward thinking technologies and multipurpose components. As a result, you will soon be the beneficiary of the great assets and the facility has to offer. As a management team, we are very proud of the facility and want to ensure that your feelings at the conclusion of your event exceed your expectations coming in. Any city can have a building, but no other city has the staff that can compare to that of the Albany Capital Center. Much like the high-quality amenities the building has to offer, I assure you that our team of employees is unmatched. The trust you have given us with your event is not taken lightly. Every event, no matter the size or duration, will be treated by our efficient and friendly staff who are just as invested in your event as you are. We thank you for entrusting us with your event and we welcome you to our team. We congratulate you on your efforts in taking the first steps to becoming an integral part of the Albany Capital Center. The event guide to follow is designed to introduce you to the Albany Capital Center.
    [Show full text]
  • The Capital Region Sustainability Plan
    CAPITAL |Region| Sustainability Plan Acknowledgements We would like to thank the following people for their work on the Capital Region Sustainability Plan Executive Committee Technical Committees John Porreca, Town of Greenport Bob Radliff, Community Loan Fund of the Capital Sarah Crowell Climate Adaptation Region, Committee Chair Land Use and Livable Communities Chair Erik Deyoe, Town of Bethlehem, Committee Tori Riley, Washington County LDC Thomas Crowell Chair Food Systems Committee Chair Frank Thomas, Town of Stoney Creek Todd Fabozzi, CDRPC Erik Deyoe Michael Tucker, CEG Climate Adaptation Committee Chair Meghan Haley-Quigley, Union College Susan Wilson, Town of Bolton Jeff Edwards Nancy Heinzen, Stormwater Coalition of Albany Schenectady County County Thomas Wood, Saratoga Board of Supervisors Jim Kalohn, Schenectady County Kenneth Flood Energy Columbia County Kate Mance, Adirondack, Glens Falls Transportation Council Jodi Smits Anderson, DASNY Mark Gleason Waste Committee Chair Mike Manning, City of Watervliet Robert Blais, Village of Lake George Brad Fischer, Albany County Pradeep Haldar Doug Melnick, City of Albany Energy Committee Co-Chair Sandra Nierzwicki-Bauer, Darrin Fresh Water Pradeep Haldar, UAlbany, Co-Chair Institute Jason Kemper Deborah Howard, State University of New York Saratoga County Sasha Spector, Scenic Hudson Stacey Hughes, National Grid Wayne LaMothe Karen Strong, NYS DEC Hudson River Estuary Warren County Karen Kellogg, Skidmore College David VanLuven Indumanthi Lnu Indumanthi Lnu, UAlbany, Co-Chair Energy
    [Show full text]
  • Franklin, Albany Plan, 1754
    Teaching with Primary Sources Lesson Outline Grade Level: High School (9-10) Standard(s) or CCSS.ELA-LITERACY.RH.9-10.1: Cite specific textual evidence to support Objectives: analysis of primary and secondary sources, attending to such features as the date and origin of the information. CCSS.ELA-LITERACY.RH.9-10.7: Integrate quantitative or technical analysis (e.g., charts, research data) with qualitative analysis in print or digital text. Library of Congress or Morris Special Collections Resources: Benjamin Franklin, “Plan of Proposed Union (Albany Plan),” 1754. http://www.loc.gov/exhibits/creating-the-united-states/revolution-of-the- mind.html#obj2 Specific page used: http://www.loc.gov/exhibits/creating-the-united- states/DeclarationofIndependence/RevolutionoftheMind/Assets/us0002_725.Jp eg Topic Background: Benjamin Franklin (1706–1790), America’s consummate “wise man,” was among the first to imagine a national confederation. In 1754, he proposed a union of American provinces at a conference of provincial delegates at Albany, New York, to better battle the French and their Indian allies. The Albany Plan, calling for proportional representation in a national legislature and a president general appointed by the King of Great Britain, served as a model for Franklin’s revolutionary Plan of Confederation in 1775. Excerpted from: http://www.loc.gov/exhibits/creating-the-united-states/revolution-of-the-mind.html#obj2 Source(s) Used: The source used for this assessment includes excerpts from Benjamin Franklin’s Albany Plan, written in 1754. Within the plan, Franklin outlined the number of delegates that each of the 11 colonies would send to a proposed Grand Council, along with twenty-five statements concerning the need for such an assembly in the colonies during the French and Indian War.
    [Show full text]
  • Hope in the Hollow
    Hope in the Hollow A Report on Opportunities for Planning and Redevelopment in Albany’s Sheridan Hollow Neighborhood A collaboration between the University at Albany and the Affordable Housing Partnership January 2017 1 Contents List of Figures .................................................................................................................. 4 List of Tables ................................................................................................................... 5 Acknowledgements & Special Thanks ............................................................................ 6 Project Introduction ......................................................................................................... 8 Team Research Objectives ........................................................................................ 12 Economic Development Team Objectives .............................................................. 12 Water & Infrastructure Team Objectives ................................................................. 12 Parks & Eco-District Team Objectives .................................................................... 12 Energy Team Objectives ........................................................................................ 12 Housing Team Objectives ....................................................................................... 12 Economic Development Strategies & Recommendations ............................................. 13 Introduction ...............................................................................................................
    [Show full text]
  • The Legacy of Alida Livingston of New York
    Graduate Theses, Dissertations, and Problem Reports 2011 A Dutch Woman in an English World: The Legacy of Alida Livingston of New York Melinda M. Mohler West Virginia University Follow this and additional works at: https://researchrepository.wvu.edu/etd Recommended Citation Mohler, Melinda M., "A Dutch Woman in an English World: The Legacy of Alida Livingston of New York" (2011). Graduate Theses, Dissertations, and Problem Reports. 4755. https://researchrepository.wvu.edu/etd/4755 This Dissertation is protected by copyright and/or related rights. It has been brought to you by the The Research Repository @ WVU with permission from the rights-holder(s). You are free to use this Dissertation in any way that is permitted by the copyright and related rights legislation that applies to your use. For other uses you must obtain permission from the rights-holder(s) directly, unless additional rights are indicated by a Creative Commons license in the record and/ or on the work itself. This Dissertation has been accepted for inclusion in WVU Graduate Theses, Dissertations, and Problem Reports collection by an authorized administrator of The Research Repository @ WVU. For more information, please contact [email protected]. A Dutch Woman in an English World: The Legacy of Alida Livingston of New York Melinda M. Mohler Dissertation submitted to the College of Arts and Sciences at West Virginia University in partial fulfillment of the requirements for the degree of Doctor of Philosophy in History Jack Hammersmith, Ph.D., Chair Mary Lou Lustig, Ph.D. Elizabeth Fones-Wolf, Ph.D. Kenneth Fones-World, Ph.D. Martha Pallante, Ph.D.
    [Show full text]
  • 2018 Proposed Budget
    City of Albany 2018 Proposed Budget Kathy M. Sheehan, Mayor Michael W. Wheeler, Budget Director MISSION OF CITY GOVERNMENT The only reason we are here is to serve the City of Albany. It is our job to provide services and support that build a safe, healthy, and economically vibrant community. TABLE OF CONTENTS MAYOR’S letteR...........................................................................................................1 coMMonlY UseD PHRases ......................................................................................4 ORGanIZatIonal CHART .........................................................................................5 BUDGet SUMMARIes of REVenUes & EXPenDITURes .................................6 OPERatING BUDGet REVenUE .............................................................................10 OPERatING BUDGet EXPenDITURes BY DEPARTMent................................16 caPItal BUDGet .......................................................................................................89 WateR & WasteWateR seRVIces ......................................................................95 YOUTH & WORKfoRce seRVIces .......................................................................112 THE case foR caPItal CITY FUNDING .........................................................116 looKING AHeaD .....................................................................................................117 contRIBUtoRS .........................................................................................................118
    [Show full text]
  • NYAC Newsletter Fall 2010
    New York Archaeological Council Fall 2010 1 NYAC Newsletter Fall 2010 From the President Dear Members, As the newly elected president of NYAC I thank you for voting for me. On behalf of our organization I extend a heartfelt thank you to Nina Versaggi for her years of service as NYAC President and board member. Her leadership and guidance has served NYAC well and has been greatly appreciated. NYAC held its fall meeting at Columbia University October 1st in partnership with PANYC (Professional Archaeologists of New York City). The planning committee included Linda Stone, Meredith Linn, Doug Perrelli, Kelly Britt, and Stephanie Roberg-Lopez. The program, entitled The Practice of Urban Archaeology - A Panel Discussion, featured William A. Griswold, Archaeologist, National Park Service, Northeast Region Archeology Program, Vincent Maresca, Historic Preservation Specialist, New Jersey Historic Preservation Office, and Catherine Spohn, Cultural Resource Professional, Pennsylvania Department of Transportation, with written answers from Mark Shaffer, Historic Preservation Specialist, Pennsylvania State Historic Preservation Office. The program was well received. NYAC extends a big thank you to the committee for putting together such a wonderful program and to panelists for their participation. We hope to publish the discussion in the near future. I would like to highlight some of the NYAC decisions that were made that day which include a new webmaster, a new publication series, the creation of a Program Committee, and the reorganization of some of our committees. Doug Perrelli has assumed the role of NYAC webmaster. We have decided to put out an occasional publication. The Program Committee will assist the hosts of upcoming meetings.
    [Show full text]
  • Albany Convention Center Authority Capitalize Albany Corp Albany County Convention and Visitors Bureau
    Albany Convention Center Authority Capitalize Albany Corp Albany County Convention and Visitors Bureau REQUEST FOR EXPRESSIONS OF INTEREST HOTEL DEVELOPMENT The Albany Convention Center Authority, The Capitalize Albany Corp, and the Albany County Convention and Visitors Bureau jointly desire to ascertain the potential interest in developing a hotel to be located in the proximity of the proposed convention center in downtown Albany, New York. To gauge the level of interest, we are seeking written Expressions of Interest from qualified hotel developers with regard to development of the proposed hotel. Albany and the capital region are tourist destinations that greatly benefit from the business of government as a source of revenue for the hospitality industry. Market conditions in this area are positively impacted by the need for individuals and organizations from around the state to meet with their representatives, leaders and headquarters staff. Market research has identified the presence of latent demand for meeting and exhibit space not currently met by existing facilities in Albany. Research also demonstrated that significant amounts of convention business can be expected to come to Albany if adequate convention facilities are made available. The publicly owned convention center will respond to this need by providing meeting and exhibition space. Quality lodging that is proximate to the convention center is key to completing the visitor experience and securing the full share of meeting, convention, and tourism business for the proposed convention center. The proposed concept plan envisions a privately financed hotel to be located in downtown Albany close to the proposed convention center and potentially developed on land proximate to the proposed convention center, a portion of which is currently under contract with Albany Convention Center Authority.
    [Show full text]
  • Newsletter Vol.16, No.4-6
    The Society for the Preservation of Hudson Valley Vernacular Architecture April – June 2013 Newsletter Vol.16, No.4-6 HVVA is a not-for-profit corporation formed to study and preserve the vernacular architecture and material culture of the Hudson Valley 368 Hooker Avenue, Poughkeepsie, NY. Peter Sinclair Photo by Neil Larson. Founder, Trustee Emeritus West Hurley, Ulster County, NY Walter Wheeler – President Troy, Rensselaer County, NY [email protected] Ken Walton – Vice President Gardiner, Ulster County, NY [email protected] Robert Sweeney Corresponding Secretary & Treasurer Kingston, Ulster County, NY [email protected] Michele VanHoesen What is vernacular architecture? Recording Secretary At the stuffing party preparing tal, cultural, technological, and historical Highland, Ulster County, NY the last issue of the newsletter for the context in which it exists. It has often [email protected] mail, a conversation started over what been dismissed as crude and unrefined, but John Ham – Secretary “vernacular” actually meant. This is also has proponents who highlight its impor- Troy, Rensselaer County, NY not an unusual question in response tance in current design. It can be [email protected] to the announcement that one studies contrasted against polite architecture John Stevens – Past President vernacular architecture or is the member which is characterized by stylistic elements Senior Architectural Historian of a group named Hudson Valley Vernacu- of design intentionally incorporated for Hurley, Ulster County, NY lar Architecture. But it is a aesthetic purposes which go beyond [email protected] question that we should be able to answer a building's functional requirements.” and a term we needn’t waste time debating The Encyclopedia of Vernacular Archi- Neil Larson – Newsletter Editor Woodstock, Ulster County, NY its meaning.
    [Show full text]