Featured Topics

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 […]

Employment Opportunity: Senior Economic Developer

November 6, 2014 – 3:21 pm

About the Position Capitalize Albany Corporation is seeking a highly motivated, professional and experienced candidate for Senior Economic Developer. This is a fast-paced position responsible for managing the administration of business development programs, including the Corporation’s attraction and retention efforts, lending programs and strategic initiatives. The Senior Economic Developer also assists with project development and […]

Join Us for an Impact Downtown Open House

October 25, 2014 – 8:19 pm

Please JOIN US for an Impact Downtown Open House with our consultant team on October 28th from 12pm – 1pm in the City Hall Rotunda.  The summer months have been spent analyzing market data and digesting key stakeholder input.   The team will  be present to discuss the vision for the future and findings from the […]

Impact Downtown presents Pop-Place at Tricentennial Park, September 13th through September 23rd

September 4, 2014 – 8:53 pm

< FEATURING: POP-UP SHOPS > Where: Tricentennial Park (Broadway Ave at Columbia St) When: September 13th through September 23rd Times: Most shops are open daily, 11a – 7p.  Some are limited features; see the full schedule for days and times. What: Impact Downtown’s pop-up shops activate vacant storefronts and public spaces to help support entrepreneurs […]

UNDER CONSTRUCTION: Tech Valley High School

June 19, 2014 – 6:59 pm

Construction of a new 25,000 SF academic facility providing students with state-of-the-art classroom space. Through a strong emphasis on science, technology and math, students will be provided with the skills necessary to be successful in tomorrow’s workforce. This project furthers the relationship between the State of New York, the College of Nanoscale Science and Engineering […]