UPDATED: Alan Khazei to Drop Out of Senate Race

UPDATED Oct. 27, 12 p.m.

The Associated Press is reporting this evening that Alan Khazei will announce tomorrow he is dropping out of the race for U.S. Senate. 

According to the AP (posted here on WBUR), a spokesperson for Khazei confirmed that the Brookline resident and City Year co-founder will officially withdraw tomorrow, as the dynamic of the race has changed with the addition of Elizabeth Warren.

In an email to Patch, Khazei's campaign says he will hold a press conference tomorrow at noon "to discuss his campaign for U.S. Senate." The press conference will take place at 201 South St. in Boston. 

Warren, an attorney and former Harvard law professor, has been the favored contender for Scott Brown . 

Earlier this month, . Newton Mayor Setti Warren . 

Unlike Massie and Setti Warren, though, Khazei managed to reel more than $1 million in donations during his campaign. According to the AP, Khazei has raised $1.3 million since the start of the year. However, Elizabeth Warren has brought in more than $3 million during her short time in the race. 

Elizabeth Warren is scheduled to be in Newton tomorrow for an event at the Scandinavian Living Center, . 

With Khazei bowing out, just three other Democrats remain in the race including , North Shore attorney Marisa DeFranco and Newton resident Herb Robinson.

Conroy issued a statement Wednesday evening saying that he believes the Massachusetts voters will benefit from a competitve primary. 

"I consider Alan a good friend and I commend him on a campaign that has engaged so many Massachusetts voters on so many of the important challenges we face as a state and a nation. I look forward to working with Alan and others to win this seat and maintain a Democratic majority in the United States Senate," Conroy said in the statement.

"I look forward to continuing to share my record of accomplishments with voters anddemonstrate why I am the best candidate to defeat Scott Brown and win this election nextNovember," Conroy added.