Impact Downtown Albany

Upstate Revitalization Initiative Award Announced To Support Liberty Park Redevelopment, Downtown Poised For Unprecedented Success

May 16, 2019 – 7:55 pm

Today, Governor Cuomo announced more than $22 million in New York State funding to support two transformational projects in Downtown Albany. Empire State Development (ESD) will provide up to $15 million in Upstate Revitalization Initiative funds to Capitalize Albany for the redevelopment of Liberty Park. This funding will support acquisition, demolition, stabilization of property, infrastructure and […]

$5 Million Award To Support Skyway Amenities, Maximizing Usage

May 6, 2019 – 4:03 pm

In April Governor Cuomo announced $27 million in funding to support transportation enhancements in the Capital Region as part of a $144.6 million statewide investment to enhance access for bicyclists and pedestrians. The Skyway was awarded $5 million.   Governor Cuomo’s previous announcement of $3.1 million of DOT-funding supports decommissioning the ramp and all of […]

Second Phase Of Transformative $78 Million Downtown Albany Project Under Way

April 23, 2019 – 7:05 pm

The second $34.5 million phase of a transformative $78 million investment in downtown Albany is under way with the mixed-use renovation of the historic Kenmore Hotel building at 76 North Pearl Street. Announced by Governor Cuomo in December — Redburn Development Partners will invest $78 million to renovate and rehabilitate seven prominent buildings in downtown […]

Downtown Earns A High Score At The End Of March With Support Of The Capital Complex

April 8, 2019 – 7:16 pm

The final weekend in March attracted more than 20,000 people downtown for the lineup of events taking place. Esport teams from 18 colleges headed to the Albany Capital Center for HV Gamer Con on March 30-31, gaming on popular titles and competing for college scholarships. More than 2,500 competitors and Con attendees enjoyed downtown and […]

Registration Open For Irish Sweat-er 5K and Family Cultural Festival In Downtown

March 12, 2019 – 5:05 pm

The Irish American Heritage Museum, in partnership with the Downtown Albany Business Improvement District and ARE Event Productions, will host the second annual Irish Sweat-er 5K in Albany. Supported in part by the Amplify Albany Grant Program, the IAHM will offer an expanded slate of events for the second annual initiative. The events’ programming — including lectures, […]

Inaugural Winter Art Festival Launched By Albany Distilling And Albany Center Gallery

March 12, 2019 – 3:41 pm

More than 300 people attended this exciting inaugural event. Supported in part by the Amplify Albany Grant Program, this new initiative has the potential to expand annually, support local businesses and the district’s growing connection to the arts. Albany Distilling Company and Albany Center Gallery hosted their inaugural Winter Art Fest at 75 Livingston Ave, […]

First Phase Of Transformative $78 Million Downtown Albany Project Under Way

February 22, 2019 – 9:08 pm

The first $21.5 million phase of a transformative $78 million investment in downtown Albany is under way beginning with the renovation of a vacant 112,000 sq. ft. office building, 16 Sheridan Avenue. Announced by Governor Cuomo in December — Redburn Development Partners will invest $78 million to renovate and rehabilitate seven prominent buildings in downtown […]

New Winter Art Festival In Albany On March 2

February 22, 2019 – 8:08 pm

Supported in part by the Amplify Albany grant program, a program made possible by the City of Albany Capital Resource Corporation — Albany Distilling Company and Albany Center Gallery will host their inaugural Winter Art Fest at 75 Livingston Ave, Albany Distilling’s Bar & Bottle Shop on March 2 from 2 p.m. – 7 p.m. With the goal of […]

Seven New Apartments To Soon Come Online Above Long Standing Coulson’s

January 29, 2019 – 8:03 pm

With Coulson’s News and Deli on its first floor, the renovation of 420 Broadway is transforming the building’s underutilized upper floors into seven one-bedroom market-rate apartments planned to come online this spring.  The project is made possible in part by a grant from New York State Homes and Community Renewal’s (HCR) New York Main Street […]

Extensive $48 Million Rehabilitation Project Under Way In Arbor Hill Neighborhood

January 14, 2019 – 5:17 pm

Construction is under way, more than 200 affordable housing and mixed-income residential units are taking shape within 70 row houses as part of Home Leasing’s $47.8 million project in the Arbor Hill neighborhood and along Clinton Avenue and Ten Broeck Triangle. Each building is undergoing a gut rehab, Home Leasing is completing approximately three buildings […]