Part of the "SOWEGA WORKS" initiative
Create the Albany Innovation Village as a physical location, preferably in Downtown Albany near Albany State University East Campus, that serves as a catalyst for world-class technical talent for manufacturing. The AIV would connect industry and education, provide shared workspaces, business café, meeting centers, free Wi-Fi, job resource services, HR support for local businesses, workforce policy support, and planning/oversight for local workforce development programs.
Tracks whether AIV documents and reports successes and shortcomings through annual public reports.
Tracks the proposed scale of the AIV building.
Tracks the proposed scale of the parking deck.
Tracks whether AIV functions as a resource for job placement, educational opportunities, soft skill development, and résumé building.
Tracks whether educational partners experience greater enrollment in educational programs, degrees, and certificates.
Tracks whether businesses use AIV as a workforce pipeline to fill employment vacancies.
Tracks whether the public uses AIV as a place to conduct business, work, meet, and participate in community activities.
Tracks participation rates connected to AIV.
Tracks whether AIV helps grow Albany-Dougherty County’s local workforce and talent pipeline.
Tracks whether AIV helps lower employment turnover by finding more specific candidates.
Tracks the amount of funding secured for AIV.
Cost may differ depending on exact location. Buildingguide.com estimates retail or commercial build cost from $30 to $40 per square foot. A 30,000-square-foot building would cost around $1,200,000. A 15,000-square-foot parking deck would cost an average of $600,000.