Downtown Residential

Extensive Rehabilitation Project to Infuse Albany Neighborhoods with New Energy

December 21, 2017 – 9:19 pm

Home Leasing has committed to rehabilitating 210 units of housing in the Arbor Hill neighborhood and along Clinton Avenue and Ten Broeck Triangle. Local momentum caught the Rochester based developer’s attention, nearly 100 new affordable homes recently came online in Sheridan Hollow—implementation of a comprehensive neighborhood revitalization strategy redeveloped the Sheridan Hollow neighborhood into a […]

Capitalize Albany and Convention Center Authority Collaboration Moves Forward Toward Redevelopment Success at Liberty Park

December 13, 2017 – 7:58 pm

A Purchase and Sale Agreement was approved this week by both the Capitalize Albany Corporation and Albany Convention Center Authority (ACCA) Boards for transfer of property interests in the roughly five acre ACCA surplus property surrounding Liberty Park in downtown Albany. This decision follows a collaborative and intensive due diligence period during which Capitalize Albany […]

New Dog Park To Serve As Neighborhood Attraction As Downtown Residential Growth Continues

November 29, 2017 – 8:57 pm

The gates of the Olde English Downtown Dog Park are now officially open in Albany. The park serves as a significant neighborhood amenity as downtown’s residential base continues to grow, with 50 percent of its residential properties now welcoming pets. More than 650 downtown residential units have been completed or are currently under construction. This […]

New Holiday Market Announced For Downtown Albany

November 17, 2017 – 7:45 pm

The Fort Orange General Store will celebrate its inaugural holiday season with a Holiday Market in downtown Albany’s Arcade Building and the Fort Orange General Store. The market will feature 20 vendors (rotating each week) selling locally made and sourced goods, live entertainment, art exhibits, restaurant promotions, and drop-in workshops at the Fort Orange General […]

Building For Tomorrow 2017

November 16, 2017 – 3:51 pm

Joined by its investors, hundreds of community leaders and stakeholders, Capitalize Albany Corporation hosted its annual event, Building For Tomorrow 2017 on Nov. 14 at Berkshire Bank’s 30 South Pearl Street office penthouse, celebrating an extraordinary year of building momentum in the Capital City. In review of 2017, Capitalize Albany presented on an unprecedented year of […]

Introducing Amazon To The Heart Of Tech Valley

October 20, 2017 – 1:46 pm

With support from Capitalize Albany Corporation, the Center For Economic Growth hand-delivered Tech Valley’s pitch for Amazon’s $5 billion second corporate headquarters on Thursday.  Amazon’s proposed HQ2 location would include unprecedented linkages to the Hudson River—the Amazon Promenade—millions of square feet of office space in downtown Albany and Rensselaer connected by multiple transportation options which include an aerial […]

International Economic Development Council Recognizes Wellington Row Revitalization For Excellence In Economic Development

September 29, 2017 – 5:01 pm

CLICK HERE TO READ THE ANNOUNCEMENT PRESS RELEASE  During its September, 2017 annual conference in Toronto, Ontario, Canada, the International Economic Development Council (IEDC) recognized Albany’s revitalization of Wellington Row, presenting its Gold Excellence in Economic Development award.   For more than 30 years, prime property in the state’s capital city sat abandoned. The $68 million […]

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

September 27, 2017 – 3:03 pm

Quality New Storage Unit Facility Will Serve As Critical Amenity Amid Residential Growth In #Albany Neighborhoods https://t.co/KI74dMWTe8 #ImpactDowntown #ValuSpace pic.twitter.com/XNfv2b2TeU — Capitalize Albany (@CapAlbanyCorp) September 27, 2017 In the past five years more than 380 new apartment units have come online in Albany’s downtown and warehouse district alone as implementation of the Impact Downtown Albany […]

$10 Million Investment Transforms Office Building into 73 Apartments

September 25, 2017 – 8:29 pm

Developers Ten Plus Ten’s new 73 market-rate units were welcomed to downtown Albany as officials came together for a ribbon cutting at 20 Park Residences, the latest completed downtown residential project. Prior to the conversion, the five-story and nearly 95,000-square-foot building was commercial office space. Supported by the Impact Downtown Albany strategic plan—a $10 million […]

Fort Orange General Store Opens At 412 Broadway

July 21, 2017 – 5:09 pm

CLICK HERE TO VIEW THE ANNOUNCEMENT PRESS RELEASE  #Albany officially welcomed @ftorangegeneral today. Now open @ 412 Broadway #CapAlbGrants #ImpactDowntown. pic.twitter.com/yZHgnLtC3q — Capitalize Albany (@CapAlbanyCorp) July 21, 2017 A popular and wide-ranging soft-goods retail business that closed its doors in early June 2016 has reopened under new ownership at a new location, 412 Broadway, across from […]