Skip to main content
Enter search terms below…

Member News

The Arts Center of the Capital Region Announces Next Stage Of Development Of Vacant Upper Floors; RFP Issued For Hospitality Partners



(Troy, NY) The Arts Center of the Capital Region announces the next stage in the development of its vacant floors, with a new RFP for Hospitality Partners. ACCR owns six contiguous buildings in downtown Troy. ACCR's current operations are limited to the basement and the two floors, leaving the upper two floors, and 26,623 square feet of space, available for development.

"We are seeking qualified partners to help us develop a boutique hotel." says CEO Elizabeth Reiss. "We have worked on trying to find the right use and the right fit for the space for years. As we have honed in on our best potential, downtown Troy has continued to prosper, making the timing right to take our idea to the next level."

ACCR is open to a spectrum of partnerships, from co-development to co-management, and is open to a range of corporate ownership and profit sharing models. Further, ACCR is open to partnering with other hotels or developments currently underway in Troy to maximize potential synergies. "We are willing to consider any type of partnership, as long as we can continue to own properties, which we feel is in the best interest of the Arts Center itself," continues Reiss.

ACCR's plans to develop a hotel stem from its call for project proposals in 2017, Since then, ACCR has met with community leaders, elected officials, business owners and others to access the need and impact of the project. Additionally, TAP, Inc, based in Troy, and a long-time planning partner of the Arts Center, helped determine the viability of the project by designing potential floor plans of the space.

In meeting with civic leaders, ACCR has developed a concept for a boutique hotel that would attract overnight guests who may want to take special classes at the Arts Center, or participate in special activities for small groups, or enjoy the walkable downtown and boutiques and restaurants. 

The Arts Center has been serving the region for over fifty years, and it was twenty years ago that it opened on River Street. On the occasion of its twentieth anniversary on River Street, the Arts Center believes now is the time to expand from being open 12 hours a day to 24.

The RFP, floor plans and images of the property can be found at
https://www.dropbox.com/sh/sqdyrezwxqk6o21/AACqAp7U6aHRWclq4PpHEu_Xa?dl…
Proposals are due October 31, 2019.

Contact:
Elizabeth Reiss
CEO
The Arts Center of the Capital Region
265 River St
Troy, NY 12180
(518) 273-0552 x 228
[email protected]

H2H Geoscience Engineering has welcomed Andrew Clift, PhD to the team as an Engineering Geologist. Before joining H2H, Andrew worked as a Geologist in the Exploration and Production department for Chesapeake Energy in Powder River Basin, Wyoming. His work experience includes applying advanced knowledge of geologic mapping and engineering across a…
TROY, NY – Organizers for The Uniting Line mural project today announced they are seeking community feedback on the top three artist proposals for the Hoosick Street underpass. Three regional artists, Simona Bortis-Schultz, Fernando Orellana, and Jade Warrick were announced as the three finalists selected by an independent Artist Advisory Panel…
Rensselaer County will be working to pave 65 miles of county roads during 2021, making an unprecedented investment in improving the important service, County Executive Steve McLaughlin and members of the County Legislature announced today. The county’s “The Drive for 65” aims at paving over half of the 322-miles of county roads during a four-year…
May
27
Hear from a diversified group of professional women representing varied lived experiences and journeys marking their road to success. Our inspirational…
7:30 a.m. Check-in & Breakfast; 8:00 a.m. - 9:30 a.m. Panel Discussion
Jun
10
NetworkingPlus is an event designed to expand your connections, generate new leads, and promote your business. Networking will begin with lunch. You will…
11:30 a.m. - 12:00 p.m. Check-in & Lunch, 12:00 p.m. - 1:00 p.m. Networking
Jun
23
Hear directly from local college and university presidents as they discuss their vision for a post-pandemic future in higher education.  As major…
11:30 a.m. - 12:00 p.m. Check-in & Lunch; 12:00 p.m. - 1:00 p.m. Panel Discussion