Gov. Kathy Hochul is proposing that New York state invest $400 million to revitalize downtown Albany, according to plans outlined Tuesday in the governor's State of the State address.

The governor says the funds would include $200 million in "tangible strategies" for public safety, quality of life and commercial building improvements, as well as $150 million to renovate and upgrade the New York State Museum.

The funds are part of this year's executive budget proposal. The Legislature needs to approve a state budget by April 1.

Hochul's office outlined and pitched the plan as part of its 139-page State of the State book it issued.

"[D]espite its rich history and the transformative projects currently underway, Albany has been slow to recover from the devastating socio-economic impacts of COVID-19," the document reads. "And Albany has foregone the opportunity for a more diversified economy to fulfill the crucial responsibility of hosting the state government. Governor Hochul recognizes the exceptional responsibility and power of New York State government-the largest anchor institution in the community-to drive economic and community development within Albany."

The investment plan would include coordination with a planned I-787 redevelopment. The state is looking to reconstruct the highway; improve quality of life for those who live nearby; and enhance access to the Hudson River.

"Informed by conversations with local stakeholders, the Governor's commitment to Albany will play out through a comprehensive community engagement process with the public, elected representatives, and community leaders to identify key opportunities to promote business development, bolster public safety, build out community anchors, encourage housing, and enhance affordability," according to the State of the State proposal.