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Newly restored 400 Hudson Avenue adds to quality affordable housing in Albany at Royce on the Park

July 7, 2016 – 8:04 pm

VIEW PHOTOS HERE   Capitalize Albany Corporation joined Royce Mulholland, President and CEO of The Mulholland Group and Albany Mayor Kathy Sheehan along with other state and local elected officials to celebrate the grand opening of Royce on the Park, a newly restored and upgraded senior and disabled community living apartment building located at 400 Hudson Avenue […]

Click Here For Information On Our Grant Programs

July 7, 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 […]

Wilson Apartments Proposed for Downtown Albany

July 6, 2016 – 1:25 pm

An apartment building and parking garage could be built in the vacant space located at the corner of North Pearl and Wilson streets. The proposed project which encompasses constructing an 18-unit apartment building and parking garage on the 9,074-square-foot lot at 191 North Pearl Street is in the early stages of development. Read more here. The 18 units would add to downtown’s […]

Events Keep Popping Up at Popular Downtown Park

June 20, 2016 – 8:13 pm

This summer Tricentennial Park will host a record breaking number of visitors as both the Alive at Five summer concert series and the Downtown Albany Business Improvement District’s newest annual summer event, Fork in the Road drive event-goers and more retail traffic downtown. Driven by recommendations of the Impact Downtown Albany strategic plan, Pop-Up programming […]

Look Up on North Pearl and Pine Streets to Find the Next Apartments in the Growing Downtown Neighborhood

June 16, 2016 – 8:37 pm

View Announcement Press Release   Chris Maddalone and Seth Meltzer of Maddalone & Associates are prepared to renovate 99 Pine Street’s upper floors, bringing approximately 35 new market-rate residential units to the heart of downtown Albany. The renovation and partial conversion will take place on the property’s third, fourth and fifth floors transforming old office […]

Public Art Project Takes Flight at City Gateway

June 6, 2016 – 1:32 pm

The Albany Parking Authority teamed up with Albany Center Gallery and Albany Barn, as well as a number of other downtown Albany organizations to create a monumental mural on the north wall of downtown Albany’s Quackenbush Parking Garage which was completed early June. Complemented by recent investments taking shape, the mural project was a collaborative effort to create a welcoming […]

First Mixed-Use Project in Emergent Warehouse District to Take Shape

May 19, 2016 – 7:19 pm

Now-abandoned 960 Broadway will feature 24 apartments, new commercial space and new restaurant in $6 million renovation View Announcement Press Release   Abar Construction, led by developer Bill Barber will redevelop 960 Broadway in Albany’s warehouse district, revitalizing a property formerly home to the Rodgers Liquor Co., which has been left vacant for two decades. […]

Nipper To Watch Over Proposed $70 Million Mixed-Use Plan For Warehouse District

May 9, 2016 – 8:35 pm

The conversion of the Nipper building (991 Broadway) in Albany’s warehouse district to apartments would be phase one of a four-phase, $70 million development project to include more than 150 additional apartments in a set of newly constructed buildings with retail space and multiple levels of indoor parking. As part of the $15 million phase one, Nipper would sit atop 65-75 residential units, the […]

Corporation Now Accepting Applications For Downtown Albany Retail Grant Program

May 1, 2016 – 8:10 pm

Capitalize Albany is now accepting applications for its Downtown Albany Retail Grant Program. This 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 Corporation is still accepting applications for its Amplify Albany Grant Program that aims to attract more foot traffic […]

Contracts Signed Following Opening Date Announcement

April 25, 2016 – 8:40 pm

Albany Capital Center officials announced early this month that March 22 will be the opening date of the 82,000 square foot downtown convention center. Five formal commitments have been made, most of which contain multi-year contracts. More than 90 other events are currently in the pipeline at various stages of contract negotiations. Altogether, the five committed events […]