Capital Region

Jenna Flanagan / Innovation Trail

Everything old is new again, so the saying goes. With that in mind, the Preservation League of New York State announced a plan to repurpose five vacant industrial buildings in the Capital region with the hopes of attracting young professionals and revitalizing communities.

The Industrial Heritage Reuse Project, or "trendy hipster bait," launched on Thursday in hopes of breathing new live into old buildings.

NathanaelB / Via Flickr

The amount of money being invested in startup businesses in upstate New York is increasing, but that doesn’t mean starting a business here is suddenly easy.

Upstate Venture Associates of New York, or UVANY, a startup business investment firm, found that nearly twice as much money came into upstate New York in the third quarter of last year, in comparison to the year before. There were 29 deals that quarter, worth $75.86 million. That's up from 16 deals worth $40.56 in the fourth quarter of 2012, UVANY found.

Catastrophic storms like Irene, Lee and Superstorm Sandy ravaged much of the Hudson River watershed with flooding and erosion. Environmental advocates and policy makers say that’s evidence that climate change is having a major impact on the quantity and quality of the region’s water supplies.

Stakeholders joined the Hudson River Watershed Alliance and Mohonk Consultations for a conference in New Paltz earlier this week. They called for communities to seize the moment while admitting that changing existing attitudes towards water management can take a long time.

Ryan Delaney / WRVO

Utica finally looks ready to become New York state's second major hub of nanotechnology with the announcement of a six-company investment in the city on Thursday.

Gov. Andrew Cuomo was on the campus of the State University of New York's Institute of Technology in Utica to announce a $1.5 billion investment. He predicted 1,000 new jobs would come to the computer chip facility under construction at the school.

"And the industry is just starting," Cuomo said.

Regeneron Pharmeceuticals, Inc.

Regeneron Pharmaceuticals, a Tarrytown-based biotech company, has announced a $72 million expansion in the Capital Region, which is expected to add 300 new jobs.

Capital region hosts global semiconductor conference

May 24, 2012
jurvetson via Flickr

Computer chip company executives from around the globe are in Saratoga Springs this week.

As the Innovation Trail’s Marie Cusick reports, it’s yet another sign of the Capital region’s growing importance in the world of advanced manufacturing.