Downtown Residential

TRANSFORMATIVE $78 MILLION INVESTMENT ANNOUNCED BY GOVERNOR CUOMO TO TRANSFORM SEVEN PROPERTIES IN THE HEART OF DOWNTOWN ALBANY

December 14, 2018 – 7:51 pm

Located in the City of Albany’s DRI zone, further maximizing the New York State initiative’s impact — with support from Governor Cuomo and Empire State Development, Redburn Development Partners is making a substantial $78 million investment to renovate and rehabilitate seven downtown buildings, a key investment as part of the Impact Downtown Albany strategic plan’s implementation. Poised for […]

Building For Tomorrow 2018

November 28, 2018 – 10:19 pm

Joined by its investors, hundreds of community leaders and stakeholders, Capitalize Albany Corporation hosted its annual event, Building For Tomorrow 2018 on Nov. 27 at Fort Orange Brewing (450 N. Pearl), celebrating an extraordinary year of building momentum in the Capital City. In review of 2018, Capitalize Albany presented on an unprecedented year of investment and […]

International Downtown Association Awards Downtown Albany Residential Development Strategy

November 7, 2018 – 9:34 pm

Click here to view the announcement’s press release During its 64th Annual Conference and Tradeshow in San Antonio, the International Downtown Association recognized Capitalize Albany Corporation and the Downtown Albany Residential Development Infinitive, awarding the strategic plan a certificate of merit. The City began the Downtown Residential Development Initiative in 2002 with the purpose of […]

International Economic Development Council Recognizes Downtown Albany Residential Initiative For Excellence In Economic Development

October 10, 2018 – 1:12 pm

Read More In The Announcement’s Press Release During its 2018 annual conference in Atlanta, GA in October, the International Economic Development Council (IEDC) recognized the success of Albany’s downtown residential development strategy, presenting the Silver Excellence in Economic Development award. The City began the Downtown Residential Development Initiative in 2002 with the purpose of increasing […]

Governor Cuomo Announces Clinton Square As $10 Million Capital Region Winner Of The Third-Round Downtown Revitalization Initiative

September 27, 2018 – 8:22 pm

Today, Governor Cuomo announced Albany’s Clinton Square as a third round recipient of a $10 million Downtown Revitalization Initiative award. As part of the City of Albany’s successful application for Clinton Square, more than $280 million of investment is proposed and more than $80 million is underway in downtown Albany — with the support of […]

Rehabilitation Project Restores Broadway Buildings and Brings 15 New Apartments to The Warehouse District

July 13, 2018 – 10:05 pm

  Rehabilitation project restores Albany buildings and brings 15 new apartments to #Albany‘s warehouse district, marking a significant milestone of 500+ units completed as part of the downtown Albany residential initiative. https://t.co/h2ujaNM1bV pic.twitter.com/KMrqJ9h8Zh — ᴄᴀᴘɪᴛᴀʟɪᴢᴇ ᴀʟʙᴀɴʏ (@CapAlbanyCorp) July 13, 2018 With the redevelopment of 800-806 Broadway completed, property connecting Albany’s warehouse district and the Arbor […]

New Loch & Quay Opens with Completion of Mixed-Use Redevelopment at 414 Broadway

June 22, 2018 – 4:40 pm

Celebration today @ 414 Broadway in #Albany marking completion of the building’s renovation & grand opening of Loch & Quay, downtown’s newest bar & restaurant. A project made possible w/support f/ @NYGovCuomo , @NYSHCR, @EcoDevNG, #CapAlbGrants, @AlbanyBID https://t.co/mOKqbtdYYw pic.twitter.com/TohoGVtnup — ᴄᴀᴘɪᴛᴀʟɪᴢᴇ ᴀʟʙᴀɴʏ (@CapAlbanyCorp) June 22, 2018 Click Here: Announcement’s Press Release Photos: Visit Capitalize Albany’s […]

Underutilized Space at 420 Broadway to Take Shape as Seven New Apartments

April 19, 2018 – 9:08 pm

In recent years, new investment has strengthened downtown Albany’s Broadway, today a walkable retail destination in the downtown core. The fabric of the downtown neighborhood continues to evolve as new retail and downtown living opportunities come online. Retaining Coulson’s News and Deli on its first floor, the renovation of 420 Broadway will transform the building’s […]

Capitalize Albany to Host Public Engagement Kick Off Regarding Albany Skyway Design and Engineering

March 5, 2018 – 8:21 pm

  .@CapAlbanyCorp is kicking off the Albany Skyway project with a public engagement event in order to generate ideas that will support the project’s initial design and engineering. The project team wants to hear what matters to you. RSVP and learn more here: https://t.co/R76Ep7bzSU pic.twitter.com/9PGO3NErZp — Capitalize Albany (@CapAlbanyCorp) March 5, 2018 With support from […]

Plan for First Downtown Residential New Construction Project Progresses

January 19, 2018 – 8:31 pm

Read More And View The Press Release A new construction project at 760 Broadway will transform the vacant property, bring new revenue to Albany’s taxing jurisdictions and create a total of 88 new apartment units. The project is expected to be completed in the fall of 2019. To take shape at the 1.4-acre parking lot, […]