The next item up for bid: an enormous tech something

Quote that caught our eye in Adam Sichko's latest article about the Project Azalea, the huge tech (something) project over which New York and Oregon (apparently) are competing, from an analyst: "It really comes down to how much money each state is willing to put down to make it happen. It's like an auction, for better or worse." (The state gave the GloFo Malta fab project incentives worth between $1 billion and $2 billion.) [Biz Review] [TU 2011]

Comments

Before we plunk down a billion or two for a bouquet of Azaleas, I wonder if there are any non-politicized studies of the 'return on investment' for NYS' massive incentives for Global Foundries?

Say Something!

We'd really like you to take part in the conversation here at All Over Albany. But we do have a few rules here. Don't worry, they're easy. The first: be kind. The second: treat everyone else with the same respect you'd like to see in return. Cool? Great, post away. Comments are moderated so it might take a little while for your comment to show up. Thanks for being patient.

The Scoop

Ever wish you had a smart, savvy friend with the inside line on what's happening around the Capital Region? You know, the kind of stuff that makes your life just a little bit better? Yeah, we do, too. That's why we created All Over Albany. Find out more.

Recently on All Over Albany

Coming up: Sarah Fish on the Food Network

Back in February Sarah Fish mentioned to us that she was lined up to be on the Food Network Show Guy's Grocery Games. And now,... (more)

Teammates

Pictured above: The 1932 Albany High School senior girl's basketball team, which had a "record that would be difficult to surpass" (it included a surprise... (more)

Directions in sculpture

Art break: Check out this short film about Albany artist Abe Ferraro and his LEGO/erector set-like shipping box sculptures. The video is part of... (more)

Capital Region county fairs 2014

County fair season in the Capital Region starts this week with the opening of the Saratoga County Fair in Ballston Spa. And there will be... (more)

Poll: Multiple Cap Region supermarket chains rank above regional average

Yep, Wegmans does top this ranking of grocery store brands for the Northeast, as compiled by the polling firm Harris. But the thing that caught... (more)

Recent Comments

... I think having a mix of options (luxury, middle of the road, economy) would be the ideal way to go, but then again, a developer often has their mind on the $$ rather than the broader societal needs.

Capital Region county fairs 2014

...has 2 comments, most recently from Ryan

New Urbanism at Albany Roundtable

...has 3 comments, most recently from Senior Services of Albany

The $1,000 tip at The Ginger Man

...has 6 comments, most recently from James

Where to buy speciality wood for craft/restoration/construction projects?

...has 6 comments, most recently from Paul

An attempt to hail Uber for the Albany area

...has 36 comments, most recently from James Shanagher