Featured Topics

City of Albany to See First Residential New Construction as Market for Downtown Living Progresses

October 20, 2016 – 6:43 pm

Click Here To Read The Announcement Press Release New construction projects located at 191 North Pearl Street and 760 Broadway will transform the two vacant properties, bring new revenue to Albany’s taxing jurisdictions and create a total of 118 new apartment units. Together, these strategically-located projects will increase the density of the growing urban center, […]

Click Here For Information On Our Grant Programs

October 20, 2016 – 12:00 am

Capitalize Albany is now accepting applications for its Downtown Albany Retail Grant Program and Amplify Albany Grant Program. The Downtown Albany Retail Grant Program can assist businesses interested in establishing a new downtown Albany storefront location and can assist those already existing in core downtown areas with exterior improvements. The Amplify Albany Albany Grant Program aims to attract more […]

Zombies Roaming in Albany

October 19, 2016 – 2:20 pm

Each evening as part of a four night event held October 13 to October 16, the University at Albany Program in Writing and Critical Inquiry hosted a film festival entitled “The Zombies Are Coming!” at Albany’s Madison Theater. Made possible in part by Capitalize Albany Corporation’s Amplify Albany Grant Program, hundreds attended the film festival […]

Renovations Under Way At Times Union Center

October 17, 2016 – 4:03 pm

Renovations are well under way with construction visible as you pass by the Times Union Center. A more than $20 million investment is taking shape and when work is finished the TU Center will feature a new, enclosed atrium that will bring bright, digital displays to the arena’s front entrance on South Pearl Street, new […]

246 Affordable Housing Units Newly Restored in Albany Pastures Historic District

September 27, 2016 – 5:13 pm

Ceremony to mark completed rehab of 246 affordable housing units held today at the Historic Pastures Mansions, #Albany. A $40M investment. pic.twitter.com/Ax5xQ3K0p0 — Capitalize Albany (@CapAlbanyCorp) September 27, 2016 A dedication ceremony marked the completed rehabilitation of 246 affordable housing units in the City of Albany’s Pastures Historic District. Capitalize Albany Corporation joined Albany Mayor […]

Pop Up Programming Brings Hundreds Downtown Over Summer

September 26, 2016 – 4:08 pm

With initiatives supported by theaward winning Impact Downtown Albany strategic plan, pop-up programming this summer was building buzz in Albany’s newest neighborhood as the momentum continues into the fall. Events such as the Downtown Albany BID’s Fork In the Road, and the Amplify Albany grant program supported Deja View outdoor movie series brought hundreds to downtown’s Tricentennial Park, supporting local […]

Impact Downtown Albany Strategic Plan Receives International Downtown Association 2016 Award of Excellence

September 9, 2016 – 7:36 pm

Announcement Press Release During its 62nd Annual Conference and Tradeshow in Atlanta on Sept. 8, the International Downtown Association recognized Capitalize Albany Corporation and the Impact Downtown Albany strategic plan, awarding the 2016 Downtown Achievement Award of Excellence. View the submitted presentation here. The Award of Excellence is a new category that acknowledges innovative best practice […]

New 277 Room Student Housing Facility Set to Support Growth at Albany World-Class Institutions

September 9, 2016 – 6:50 pm

Announcement Press Release Here   Aspen Albany is the newly constructed 277 room, four-story student housing facility at 1475 Washington Avenue. After breaking ground at the site of the project last summer, Aspen Albany has opened the doors for its first fall semester. City of Albany Mayor Kathy Sheehan was joined by GSX Solutions’ project […]

Community Vision and Revitalization Effort Transforming Albany Sheridan Hollow Neighborhood

August 24, 2016 – 6:17 pm

Albany’s Sheridan Hollow neighborhood is undergoing an incredible transformation and today, Capitalize Albany joined the community in gathering with elected officials and community leaders to celebrate another significant achievement as part of that transformation.   Nearly 100 new mixed-income housing units, retail/office in Sheridan Hollow catalyzing investment in every direction pic.twitter.com/LNlxGvbmv3 — Capitalize Albany (@CapAlbanyCorp) […]

The Crossroads: Pop Up Arts Exhibition at 200 Washington Avenue In Albany

August 10, 2016 – 7:30 pm

Local artists and the staff of the Lark Street Business Improvement District (BID) will be hosting The Crossroads: An Underground Pop-Up Experimental Arts Exhibition on Thursday, August 11, from 5 p.m. to 9 p.m. at 200 Washington Ave., the building formerly occupied by Key Bank. The Crossroads, made possible by funding in part through Capitalize […]