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Huck Finn’s Playland Celebrates Opening and Reveals Planned Initiatives to Give Back to The Community This Inaugural Summer

July 2, 2015 – 1:40 pm

Congrats @HucksPlayland best way to open an amusement park? Commemorative train ride @AlbanyCityHall @MCCoyCountyExec pic.twitter.com/Rs6te01N2D — Capitalize Albany (@CapAlbanyCorp) July 1, 2015 On Wed. members of the community, Albany Mayor Kathy Sheehan, State and community leaders joined President and CEO Jeff Sperber and Executive Vice President and CFO Reid Sperber to celebrate the formal grand […]

Capitol Melts Grilled Cheese Cafe Takes Space at 136 State Street on Wellington Row

June 30, 2015 – 4:25 pm

Historic Wellington Row’s newest tenant Capitol Melts Grilled Cheese Cafe, the first grilled cheese focused cafe in the City held a ribbon cutting ceremony and formally opened at 136 State Street in downtown Albany on Tuesday after a soft opening earlier this month. As part of Columbia Development’s redevelopment of Albany’s historic Wellington Row, the space was transformed […]

1852 Vacant Historic Building to Be Restored as Downtown Albany Residential

June 18, 2015 – 8:03 pm

On Thursday, the Albany Industrial Development Agency board approved an application to provide financial assistance to Cass Hill Development Cos. to assist with the redevelopment of a vacant historic and dilapidated property which will be restored into 21 luxury market-rate apartments in downtown Albany. A corner of the 25,368-square-foot building at One Columbia Place collapsed […]

Hospitality Culture Is Focus of Summit as Albany Capital Center and Renaissance By Marriott Set Downtown Albany Opening Dates

June 9, 2015 – 9:41 pm

The new Renaissance by Marriott announced it was set to open in mid-October, complementing the discussion today at the Albany County Convention & Visitors Bureau’s Hospitality Summit on developing a hospitality culture. This conversation occurs ahead of the Albany Capital Center opening which is set for 2017. Capitalize Albany Corporation President Sarah Reginelli discussed the new commercial investments […]

Redevelopment Project to Bring 400 Jobs as Broadway Warehouse District Corridor Looks to Transform

June 3, 2015 – 7:28 pm

On Wednesday, June 3, the Albany Industrial Development Agency board approved an application to provide financial assistance for a redevelopment project along the Broadway corridor of Albany’s warehouse district. Norry Management Corp. has a five-year lease with Maximus Inc., a contractor for New York’s health insurance exchange, to fill 92,000 square feet of space at […]

Druthers Now Brewing on Broadway in Albany

May 27, 2015 – 7:33 pm

On Tuesday, May 26, Druthers Brewing Co. opened the doors to its brand new 18,000 sq. ft. brewery and restaurant at 1053 Broadway in Albany’s warehouse district. This is the second local brewery, bar and restaurant installment for the brand which also has its first established location in Saratoga Springs which opened in 2012. In […]

Trending: Walkable Cities

May 22, 2015 – 8:39 pm

Forget driving to the suburbs for food. By 2030, the places downtown residents need to get to on a regular basis will be within walking distance. Downtowns will have more grocery stores, coffee bars and lunch counters for people who live or work in the city, unlike now, when there are no grocery stores. Sarah Reginelli, president […]

Mixed-Use Apartments Project At 40-48 South Pearl Street Ready To Begin

May 22, 2015 – 2:42 pm

On Thursday, the Albany Industrial Development Agency board approved an application to provide financial assistance for a redevelopment project at 40-48 South Pearl Street in downtown Albany. With the SEQR process already completed, the shovel ready $2.5 million project has made it through the development pipeline and developers Chris Maddalone and Seth Meltzer of Maddalone […]

AEON NEXUS Takes Space at 138 State Street On Wellington Row

May 18, 2015 – 7:32 pm

Rich Rosen at Columbia Development talks stunning transformation at #138state with Aeon Nexus pic.twitter.com/hYBN0f3iTS — Capitalize Albany (@CapAlbanyCorp) May 15, 2015 Historic Wellington Row’s newest tenant, AEON NEXUS Corporation, an IT consulting practice officially opened its new headquarters at 138 State Street in downtown Albany on Friday. The approximately 8,000-square-foot building at 138 State Street was […]

Capitalize Albany Corporation Approves New Financing For Mixed-Use Apartments at 40-48 South Pearl in Downtown

April 29, 2015 – 9:45 pm

On Tuesday Capitalize Albany Corporation board members approved a $275,000 loan to assist with the $2.5 million redevelopment of 40-48 South Pearl Street as part of the Corporation’s Real Estate Loan Program. Chris Maddalone and Seth Meltzer of Maddalone & Associates plan to transform the 24,000 sq. ft. property, mostly vacant since 2011, into 16 […]