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Jim Barba, president and CEO of Albany Med, is congratulated by Albany Governor Andrew Cuomo, second from left, and Mayor Jerrings, left, after the Capital Regional Council received $82.8 million during the Regional Economic Development Awards Wednesday morning, Dec. 11, 2013, in Albany, N.Y. (Skip Dickstein / Times Union)

$82.8M win for region – Times Union

“Rebuilding cities” focus draws cash to Park South in Albany, mixed-use projects in Troy, Schenectady Albany The Capital Region has gone from worst toalmost first in the state economic development mega-millions sweepstakes. Eight local counties will share $82.8 million, the second-largest amount awarded in the state, for projects ranging from building a Schenectady harbor along the Mohawk […]

Thomas Keaney, Columbia Dev. Company's project executive, left, and Jim Purdy, BBL site superintendent, look over historical images of the Proctor's Theater building Monday afternoon Dec. 9. 2013, in Troy, N.Y. Columbia Development Companies is investing $7.2 million to transform the 30,000 square foot building into Grade A office space while protecting the theater for future development. (Skip Dickstein/Times Union)

Now showing: A new look – Times Union

Troy A $7.2 million project will allow the long-closed Proctor’s Theater complex to celebrate its centennial next year with its office building renovated and reopened. Columbia Development Companies crews are transforming the 30,000-square-foot building into Grade A office space while protecting the 2,287-seat theater for future reuse. Renovations are expected to be completed in the summer of 2014 […]

Plastic Surgery Group expands Albany operations – Albany Business Review

Plastic Surgery Group expands Albany operations – Albany Business Review

The Plastic Surgery Group in Albany, NY, has opened a new, larger office and expanded its offerings to include a medical spa. The business is now located at 455 Patroon Creek Boulevard, where it shares space with the medical spa, Spa One. Together, the businesses fill about 10,000 square feet in the building. via Plastic […]

Columbia Development projects featured as priorities for Capital Region Economic Development Council

Columbia Development projects featured as priorities for Capital Region Economic Development Council

Times Union September 25, 2013 http://www.timesunion.com/local/article/Regional-council-favors-Schenectady-studio-4840020.php The Capital Region is competing with nine other councils around the state for a slice of $220 million in tax credits and grants, but the request also taps a larger pool of regular state infrastructure spending that the councils now have a say in directing. Overall, there were 337 applications […]

New Life for Wellington Row as Offices, Condos

New Life for Wellington Row as Offices, Condos

Wellington Row in downtown Albany, NY, is getting a $4.5 million investment that will bring a management consulting firm and four condominiums to the long-dormant stretch of historic buildings near the state Capitol. Aeon Nexus Corp. based in Glens Falls will take over the three-story building at 138 State St. and create 12 jobs, with […]

Columbia Development president Joe Nicolla, left, has filled Patroon Creek by targeting health and finance firms. The newest tenant is RBC Wealth Management. On the right is RBC senior vice president Thomas Brockley.

Patroon Creek Thrives on Finance, Health Sectors

Joe Nicolla carved out a niche at Patroon Creek by focusing on two of the region’s largest industries—health care and financial services. Columbia Development, where Nicolla is president, developed four of the five office buildings in the park, which covers 20 acres near the state’s Harriman Campus and the University at Albany, over the past […]

Exterior of Chasan Building at corner of Broadway and Fourth Street Wednesday, December 5, 2012 in Troy. (J.S.Carras/The Record)

Chasan building reconstruction complete, works on Proctor’s slated for spring

TROY — The reconstruction of the Chasan building is complete, but the next step for revitalization in downtown Troy is work expected to start in the spring that will breathe new life into the office space adjacent to Proctor’s Theatre, said officials from RPI, Columbia Development, BBL Construction, and a local architecture firm during a […]