Real Estate Development

Renewal of Dana Ave Properties Furthers Park South Revitalization Confirming Promise of Neighborhood Plan

September 20, 2018 – 6:38 pm

Click Here To View The Announcement’s Press Release   The Reserve at Park South, a 30-unit, 40,000 sq. ft. apartment building has risen between New Scotland Avenue and Knox Street at 85 Dana Ave. The completion of this independent new construction project marks a significant Park South Urban Renewal Plan implementation milestone — and with […]

City of Albany Small Business Facade Improvement Program Third Round Launched

September 4, 2018 – 3:22 pm

Click Here For Program Applications & Guidelines Click Here To View The Announcement’s Press Release City of Albany Mayor Kathy Sheehan, joined by Capitalize Albany Corporation, the Albany Community Development Agency and the City of Albany Capital Resource Corporation, announced the Round III launch of the City’s Small Business Facade Improvement Program. Applications are available […]

New Student Housing Facility Opens At 1385 Washington Avenue Supporting Growth at Albany World-Class Institutions

August 23, 2018 – 4:33 pm

Auden Albany, now open. Supporting local taxing jurisdictions & attracting top talent to Albany’s institutions. In the next 7 years alone, it’s estimated to generate an increase of +5x the revenue anticipated to have been collected without this investment: https://t.co/2qFjTGntvV pic.twitter.com/dZzB2PUvwU — ᴄᴀᴘɪᴛᴀʟɪᴢᴇ ᴀʟʙᴀɴʏ (@CapAlbanyCorp) August 23, 2018 A ribbon cutting ceremony on Thursday marked […]

City Of Albany Small Business Facade Improvement Program Round III Opening In September

August 6, 2018 – 2:22 pm

Following the success of the Small Business Façade Improvement Program’s Round 2, up to $100,000 in matching grants will be available as part of the program’s third round — applications will be made available September 4th. Previous rounds of this small business program have been tremendously successful. To date the program has leveraged more than […]

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 […]

Bull Moose Club Coworking Space Opening In September

July 1, 2018 – 2:48 pm

Troy Innovation Garage owner Tom Nardacci is planning a September opening for his new coworking space located at 150 State Street. The 10,000 sq. ft. ‘Bull Moose Club’ will be home to a mix of small enterprises, startups, remote workers, soloprenuers and freelancers — catering to 125-150 members. It will offer a range of services, […]

S.T.E.A.M Garden Business Incubator Breaks Ground to Establish New Center for Innovation and Technology

June 27, 2018 – 8:23 pm

New York State Homes and Community Renewal, Empire State Development, and the Central Avenue Business Improvement District broke ground on the S.T.E.A.M. Garden Business Incubator at 279 Central Avenue in Albany, the former St. Patrick’s Catholic School. The S.T.E.A.M Garden is a collaborative effort to turn the vacant school into an innovative living lab focusing […]

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 […]

9W Project to Bring New Development, Streetscape and Transportation Improvements

May 18, 2018 – 4:02 pm

A new $10 million investment at 351 Southern Boulevard will create 60 jobs (30 construction and 30 permanent) and provide new neighborhood amenities. A project made possible with support from the City of Albany Industrial Development Agency, on Thursday the City of Albany IDA board approved an application to provide financial assistance to 351 Diamond […]

Albany Distilling Expands With New Bar And Bottle Shop

April 5, 2018 – 8:16 pm

.@AlbDistCo‘s new Bar & Bottle Shop is part of a $1 million-plus investment and expansion which renovated 75 Livingston Avenue into a new bar, retail shop, tasting room and outdoor patio space. https://t.co/ATcVcWdRgp #ImpactDowntown #Albany pic.twitter.com/vOlHiyd2kA — ᴄᴀᴘɪᴛᴀʟɪᴢᴇ ᴀʟʙᴀɴʏ (@CapAlbanyCorp) April 9, 2018 Photos: www.AllOverAlbany.com The Albany Distilling Company’s new facility at 75 Livingston Avenue officially opened […]