Real Estate Development

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 […]

Restore NY Program Supports City of Albany Neighborhood Revitalization and Rehabilitation of Vacant 251 North Pearl Street

March 27, 2018 – 4:12 pm

PRESS RELEASE: Click Here To Read More  Governor Andrew M. Cuomo announced Monday the City of Albany will receive $1.8 million in funding as part of Round 5 of the Restore New York Communities Initiative to be utilized for renovation of the vacant 251 North Pearl Street, into the new and permanent home of the […]

Capitalize Albany to Host Public Engagement Kick Off Regarding Albany Skyway Design and Engineering

March 5, 2018 – 8:21 pm

  .@CapAlbanyCorp is kicking off the Albany Skyway project with a public engagement event in order to generate ideas that will support the project’s initial design and engineering. The project team wants to hear what matters to you. RSVP and learn more here: https://t.co/R76Ep7bzSU pic.twitter.com/9PGO3NErZp — Capitalize Albany (@CapAlbanyCorp) March 5, 2018 With support from […]

363 Ontario Street Project To Reinvest In Pine Hills Neighborhood

March 1, 2018 – 2:03 pm

Press Release: Click Here To Read More A redevelopment plan for Albany’s Playdium Bowling Center will reinvest $16.2 million into the 1.8 acre parcel located at 363 Ontario Street in Albany’s Pine Hills Neighborhood. The completed project will immediately double payments to local taxing jurisdictions, and is projected to generate $4.76 million in payments in […]

Plan for First Downtown Residential New Construction Project Progresses

January 19, 2018 – 8:31 pm

Read More And View The Press Release A new construction project at 760 Broadway will transform the vacant property, bring new revenue to Albany’s taxing jurisdictions and create a total of 88 new apartment units. Due to the discovery of site constraints during the project’s initial site work, design changes were needed and the project’s […]