Inside the Capital Region
The Capital Region is located in the eastern part of
mid-New York State, covering 5,199 square miles and includes
the Albany, Troy, Schenectady and Saratoga areas. The region
is comprised of eight counties and is known for its large
and vibrant economy with a particular focus in biotech life
sciences and nanotechnology.
The Capital Region possesses characteristics and a strategic
location that positions it well for economic growth in high
tech and knowledge-based industries. The confluence of the
Hudson and Mohawk Rivers, the transportation hub formed by
the intersection of two major interstate highways, excellent
proximity to the markets of the northeast and an engaging quality of life all combine to
endow the region with unparalleled economic development
potential. The region’s human capital – a population of 1.1
million and a workforce of 568,600 is arguably its most
Area – 5,332.97 square miles
Population (2009) – 1,065,402
Albany – 298,284
Columbia – 61,618
Greene – 48,947
Rensselaer – 155,541
Saratoga – 220,069
Schenectady – 152,169
Warren – 66,021
Washington – 62,753
2009 Average Annual Labor Force: 568,600
2009 Per capita income: $28,644
In 2010, the Capital Region earned several accolades, including:
The New York State Thruway connects the region with New York City, the Massachusetts Turnpike (I-90) and western New York State. The Northway (I-87) links the area with major destinations to the north and to the Canadian highway system at Montreal. Interstate-88 provides the region access to the southern tier of the state and to the Pennsylvania markets.
As the major air center for the Capital Region, Northeastern New York and Western New England, the Albany International Airport offers a wide-range of facilities and services. A multi-million dollar capital redevelopment project completed in 2000 included a new 230,000 square foot terminal, parking garage, Air Traffic Control Tower and cargo facility. Passenger service is provided by Air Canada, American Eagle, Continental Connection, Continental Express, Delta Airlines, Northwest Airlines, Southwest Airlines, United Airlines, US Airways and US Airways Express.
The Albany Port Railroad Corp. provides service under the supervision of CSX and CP Rail systems. Amtrak, CSX and CP rail systems provide the region with both passenger and intermodal freight facilities, servicing the Northeast, Mid-Atlantic states and Canada with connections nationwide.
Ocean-going vessels dock at the deep-water port of Albany Rensselaer, located 124 nautical miles north of New York City on the Hudson River. A 32-foot channel makes the port accessible from the sea year-round. Ships up to 750 feet long and 50,000 deadweight tons are serviced by the port. The New York State Canal System connects the area with the Great Lakes ports of Buffalo and Oswego.
Biotech Life Sciences
Computer and Electronic Product Manufacturing Semiconductor
Travel and Tourism
Colleges and Universities
The Capital Region is home to 25 colleges and universities offering over 740 degree programs from the associate to the doctoral level.
Rensselaer Polytechnic Institute (RPI)
University at Albany, SUNY
The Sage Colleges
The College of Saint Rose
Albany College of Pharmacy and Health Sciences
Offers negotiated flexible electric rates for many types of new businesses, negotiable gas transportation rates and fixed rate gas discounts.
Central Hudson Gas &
Offers fixed rate electric discounts for many types of new businesses and market based gas pricing.
New York State Electric &
Offers negotiated flexible electric and fixed rate electric discounts for many types of new businesses and negotiable firm gas transportation service.