Downtown Residential

Quality New Storage Facility Will Serve as Critical Amenity amid Residential Growth in Albany Neighborhoods

January 26, 2017 – 2:35 pm

VIEW THE ANNOUNCEMENT PRESS RELEASE In recent years more than 300 new apartment units have come online in Albany’s downtown and warehouse district alone as implementation of the Impact Downtown Albany strategic plan continues. There are nearly 500 more residential units in the pipeline for downtown and in the past year more than 100 new […]

Building For Tomorrow 2016

November 16, 2016 – 9:58 pm

Joined by its investors, hundreds of community leaders and stakeholders, Capitalize Albany Corporation hosted its annual event, Building For Tomorrow 2016 on Nov. 15, 2016 at the Hilton Garden Inn at Albany Medical Center, celebrating an extraordinary year of building momentum in the Capital City. In review of 2016, Capitalize Albany presented on an unprecedented year […]

RSVP: Building For Tomorrow 2016

November 15, 2016 – 12:00 am

Click Here to Register Join the Capitalize Albany Corporation board of directors and staff to celebrate this year’s citywide economic development accomplishments. Before and after the program, attendees will have the unique opportunity to network with staff, the board members, elected officials, staff and Capitalize Albany’s investor base all in one place. Location Hilton Garden […]

City of Albany to See First Residential New Construction as Market for Downtown Living Progresses

October 20, 2016 – 6:43 pm

Click Here To Read The Announcement Press Release New construction projects located at 191 North Pearl Street and 760 Broadway will transform the two vacant properties, bring new revenue to Albany’s taxing jurisdictions and create a total of 118 new apartment units. Together, these strategically-located projects will increase the density of the growing urban center, […]

Impact Downtown Albany Strategic Plan Receives International Downtown Association 2016 Award of Excellence

September 9, 2016 – 7:36 pm

Announcement Press Release During its 62nd Annual Conference and Tradeshow in Atlanta on Sept. 8, the International Downtown Association recognized Capitalize Albany Corporation and the Impact Downtown Albany strategic plan, awarding the 2016 Downtown Achievement Award of Excellence. View the submitted presentation here. The Award of Excellence is a new category that acknowledges innovative best practice […]

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 […]

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 […]