Release Date: March 18,2026
City of Akron Celebrates Millennium Capital and Recovery Corporation Expansion in Downtown Akron
Akron, Ohio, March 18, 2026 —Last week, Millennium Capital and Recovery Corporation, a TRAKAmerica company, announced the expansion of its operations into additional office space at the iconic AES building in downtown Akron. This makes the third company to announce a move or expansion in the downtown footprint in the last 4 months alone.
“This expansion is another strong signal that companies see real value in investing in downtown Akron,” said Akron Mayor Shammas Malik. “Millennium Capital and Recovery Corporation’s continued growth in the AES Building strengthens our business community, brings more energy to the heart of our city, and reflects the momentum we’re building as a place where businesses and talent can thrive.”
“Millennium supports and participates in all working environments from fully remote to fully in-office. Appreciating the benefits each of these approaches provides allows us to maximize the benefits that a truly dynamic workforce delivers,” said Joe Mckoski, a Millennium executive. “Downtown Akron serves as a centralized hub for our valued employee base. By growing our presence in the AES Building, we are positioning ourselves to better serve our clients while contributing to the ongoing revitalization and economic vitality of the city.”
The expansion will increase the company’s footprint within the AES Building, enabling Millennium to enhance operational capabilities and further invest in advanced technologies that streamline client services nationwide.
Located in the heart of downtown Akron, the AES Building offers proximity to key business resources, transportation corridors, and a growing network of professional services firms. The company’s continued investment in the area underscores its confidence in Akron’s business climate and its dedication to fostering sustainable economic growth.
Founded in 1999, Millennium Capital and Recovery Corporation is a financial services firm specializing in capital management, asset recovery, and portfolio servicing solutions. Headquartered in Akron, Ohio, the company partners with clients across the United States to deliver compliant, technology-driven recovery strategies that maximize value while maintaining the highest standards of integrity and customer care.