TROY, N.Y. — The Troy Savings Bank Music Hall’s new Capital Region Music Hub hosted its official ribbon-cutting on Tuesday, marking the completion of the $15 million expansion and renovation project.
The project was supported by $6.5 million from the New York State Council on the Arts (NYSCA) and Empire State Development (ESD), including $1.5 million through the Department of State’s Downtown Revitalization Initiative (DRI). The project includes new flexible use space, rehearsal and event space, an education classroom, and updated HVAC systems.
The project marks the first significant interior renovation to the property in more than 20 years.
“New York’s arts and cultural sector is a critical part of our economic prosperity and global leadership,” Gov. Kathy Hochul said in a press release. “Through our investments in capital projects like these, we are promoting cultural and economic growth in communities across New York. And, with the completion of this project, Troy Savings Bank Music Hall will continue to attract audiences, spark growth and strengthen the region for generations to come.”
Mayor Carmella Mantello also voiced her gratitude for the project’s completion and said the new space is a continuation of investment for the Collar City.
“The completion of the Capital Region Music Hub marks an exciting new chapter for the historic Troy Savings Bank Music Hall and for the City of Troy,” Mantello said in the release. “This investment, combined with my administration’s $1 million dollar ARPA allocation — not only preserves one of our community’s most treasured cultural landmarks but also expands opportunities for education, collaboration, and year-round performances that will benefit residents and visitors alike.”
“We thank Governor Hochul and our state partners for recognizing the importance of the arts as a driver of economic growth, tourism, and community vitality in Troy.”
Assemblymember John McDonald, D-Cohoes, also emphasized the importance of the project’s completion.
“It’s always good when government can help inspire, support, and support a variety of organizations,” he said. “Troy Music Hall is one that’s more than worthy. But what also makes it work is that, number one, we have a government who understands the importance of bringing our cities back, and knows that arts and culture play a large role.”
The Troy Savings Bank Music Hall, which is designated as a National Historic Landmark, has been in use since opening in 1875. It has hosted performances by artists such as Dizzy Gillespie, Ella Fitzgerald, Isaac Stern, Yo-Yo Ma and Vladimir Horowitz, as well as Boz Scaggs, India Arie, Lake Street Dive and Trey Anastasio.
Troy was named the Capital Region’s Downtown Revitalization Initiative (DRI) winner for the fifth round in 2022. Other DRI winners in the region include Glens Falls, Hudson, Albany, Schenectady, Tannersville, Cohoes, Lake George, Catskill and Rensselaer.
“This project was so much more than expanding and restoring a beautiful historic space,” New York State Council on the Arts Executive Director Erika Mallin said. “Now, with the Capital Region Music Hub, Troy Savings Bank Music Hall is equipped to serve the region for another 150 years with inspiring performances, greater accessibility, and year-round programming to residents and visitors alike.”
‘ The preceding article may include information circulated by third parties ’
‘ Some details of this article were extracted from the following source www.troyrecord.com ’














