Downtown Residential

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 […]

Downtown Albany Under Development

April 11, 2016 – 3:54 pm

Supported and guided by the Impact Downtown Albany strategic plan, everywhere you look something new is taking shape in downtown Albany. Renovations continue at several locations converting old office space into new apartments, Albany Capital Center construction now towers above street level, Wellington Row’s Renaissance Albany is thriving with events and new opportunities have come on the scene for […]

Capitalize Albany Announces Grant Programs to Support Retail Business Growth in Albany

March 23, 2016 – 8:50 pm

Two Programs Aimed at Attracting Retail Tenants and Driving Foot Traffic to Commercial Districts Backed By City of Albany Capital Resource Corporation Capitalize Albany Corporation announced today the launch of two groundbreaking grant programs to benefit the City of Albany’s various commercial districts and its downtown’s retail market. At an informational programs launch event held […]

Two Warehouse District Projects Move Forward

February 29, 2016 – 4:22 pm

Impact Downtown Albany implementation is catalyzing change in Albany’s warehouse district. Undergoing a new transformation, it’s an exciting time as the district continues creating new opportunities for a new economy. New restaurants, retail and residential development projects are steadily taking shape as an ever-expanding vision for the district fuels even more growth. The Albany Planning Board recently approved the site […]

Now Open: The Steuben Street Market

January 29, 2016 – 12:20 am

On Thursday Capitalize Albany Corporation joined Steuben Street Market co-owner Chris Pratt, City of Albany Mayor Kathy Sheehan, Albany County Executive Daniel P. McCoy, director of the New York State Office of Homes and Community Renewal’s Main Street Grant program Crystal Loffler, president and COO of Omni Development David Swawite, Assemblymember John McDonald and Downtown […]

Welcome To 2016 In Albany

January 7, 2016 – 7:26 pm

It’s a new year with new opportunities on the horizon in the City of Albany. Capitalize Albany Corporation is looking forward to another year of new investments and building momentum in 2016. In review of 2015, Capitalize Albany would like to share some of the highlights from an extraordinary year of investment in the City of Albany. Click Here To […]

REDC Initiative Round V Awards $11.5 Million To Downtown Albany Projects

December 22, 2015 – 8:55 pm

Recognizing this year’s unprecedented investments made, more than $11 million will now directly support the Impact Downtown Albany initiative through several projects, having an incredible impact on our central business and warehouse district’s building momentum. In Round V, Governor Cuomo’s Regional Economic Development Council (REDC) initiative catalyzed $11.5 million worth of investment, funding eight projects that will be taking off in downtown […]


December 10, 2015 – 11:11 pm

The Regional Economic Development Council (REDC) initiative awarded City of Albany projects with approximately $21.8 million ($21,841,067) in funding Thursday. Overall, the Capital Region was awarded a total of $98.1 million in funding for 114 projects. Of these 114 projects, 24 directly benefit activities within the City of Albany and will catalyze strategic initiatives and […]

Capitalize Albany Joins The Conversation on Talk of the Town With Albany Mayor Kathy M. Sheehan | WROW Magic 590-AM

November 18, 2015 – 4:05 pm

On Friday Nov. 13, Capitalize Albany Corporation president Sarah Reginelli joined City of Albany Mayor Kathy M. Sheehan on WROW Magic 590-AM’s Talk of the Town discussing citywide economic development initiatives‬, Impact Downtown Albany and the City of Albany’s building momentum. You can listen to that broadcast below. Are you interested in hearing about more of what’s […]

Unveiling of The Lofts at 733 Broadway

November 5, 2015 – 5:22 pm

The City of Albany, Norstar Development, Capitalize Albany Corporation, the City of Albany Industrial Development Agency, and Downtown Albany Business Improvement District (BID) held a grand opening of The Lofts at 733 Broadway on November 5. Albany Mayor Kathy M. Sheehan and Lori Harris, vice president of Norstar Development were joined by City of Albany […]