Featured Topics

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 and [...]

PORT OF ALBANY SEEKING PROPOSALS FOR THE CORNING PRESERVE VISITORS CENTER ON THE HUDSON RIVER IN DOWNTOWN ALBANY

May 28, 2014 – 6:21 pm

The Port of Albany has issued a Request For Proposals (RFP) for the Corning Preserve Visitors Center Building located along the Hudson River in downtown Albany. The Port of Albany is seeking a dynamic user that will provide a public benefit to the thousands of patrons that regularly utilize the amphitheater and Corning Preserve recreational [...]

UNDER CONSTRUCTION: Sheridan Hollow Village

May 19, 2014 – 6:54 pm

Sheridan Hollow Village is a scatter site project in the Sheridan Hollow neighborhood that will include the construction of 17 buildings into mixed-use retail/affordable residential space.
57 units of quality affordable housing
Approx. 7300 SF of commercial space
The Sheridan Hollow Village is part of a comprehensive neighborhood revitalization strategy in the Sheridan Hollow neighborhood proposed by non-profit [...]

State of Downtown Albany Meeting Wraps up with Final Meeting on Retail

May 9, 2014 – 6:22 pm

Capitalize Albany Corporation, alongside their team of world-class consultants, presented the existing conditions analysis for Downtown Albany’s retail market on Thursday, May 8th at the Hilton Albany. The meeting was the third and final installment of the State of Downtown Albany Market Series, which is part of the Impact Downtown Albany initiative. Presenting was Mayor [...]

Second State of Downtown Albany Meeting Continues with meeting on Office Market and Growing the Technology Sector

April 25, 2014 – 3:16 pm

Capitalize Albany Corporation, alongside their team of expert consultants, presented the existing conditions analysis for Downtown Albany’s office market on Thursday, April 24th at 20 Park Street. The meeting was the second of the State of Downtown Albany Market Series, which is part of the Impact Downtown Albany initiative. Presenting at the event was Ben [...]

488 Broadway Under Construction

April 19, 2014 – 6:43 pm

The Arcade at 488 Broadway project will renovate a previously vacant 75,000 SF retail and commercial office building. The final product will consist of:
68 residential rental units – 28 studios, 40 one-bedrooms
3-10 commercial storefronts – 12,000 SF
This project directly implements the Albany 2030, Impact Downtown Albany and Downtown Albany Residential strategies. Its strategic location on [...]

First State of Downtown Meeting Draws 100+ Attendees

March 12, 2014 – 3:20 pm

Capitalize Albany Corporation, alongside their team of expert consultants, presented the existing conditions analysis for Downtown Albany’s housing market on Tuesday, March 11th at Sixty State Place at 60 State Street at the first meeting of the State of Downtown Albany Market Series, which is part of the Impact Downtown Albany initiative. Over 150 people [...]

Department of Planning Successfully Hosts Waterfront Open House

January 29, 2014 – 1:46 pm

Albany, NY – On Tuesday, January 28th, the City of Albany Department of Development and Planning, Capitalize Albany Corporation, the Mayor’s Office of Energy and Sustainability and the New York State Department of State hosted an open house event for the Corning Preserve Waterfront Park. The event was a response to the Corning Preserve Waterfront [...]

The Impact Downtown Albany Strategy

October 30, 2013 – 7:00 pm

What is the Impact Downtown Albany strategy?
Impact Downtown is a first-of-its-kind, fully comprehensive, future-focused plan for Downtown Albany. Its results-driven implementation initiative will act as a guide for local redevelopment and reinvestment in a manner that meets the needs of residents, businesses and other stakeholders. Stay tuned for exciting news and updates on Impact Downtown [...]

Downtown Tactical Plan News: Corning Preserve Waterfront Park Plan Public Workshops

October 10, 2013 – 7:37 pm

To download the flyer, click here.
As part of the tactical revitalization plan for Downtown Albany, Capitalize Albany Corporation is working with the City of Albany and a world-class consultant team to develop the Corning Preserve Waterfront Master Plan. This effort, funded in part by NYS Department of State builds from the soon-to-be completed Local Waterfront [...]