“The capital region is a growing hub of diverse industry clusters, including nanotechnology, semiconductor and clean energy production,” industries that are well suited to the Albany workforce, Elder says.

“With the third-fastest-growing young adult population, the region has a deep resource of talented individuals in the advanced technology fields,” he says. “This pool of talent is helping drive the economic growth in the area.”

Elder notes that the COVID-19 pandemic “has certainly challenged much of this local development, but we are now seeing and expecting a rapid return” to a period of robust growth.

The executive emphasizes that the local architect and engineering industry “is resilient and well positioned to help facilitate this” rebound to “a time of strong growth.”