News

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 […]

$150,000 in Matching Grants Available To Help City of Albany Small Businesses Reinvest

October 19, 2017 – 3:50 pm

Program Application & Guidelines Available Here Read The Announcement Press Release Here   Applications now available, learn more about the City’s Small Business Facade Improvement Program. Announced today at Downtube Bicycle Works & 3Fish Coffee in #Albany | $150,000 in Matching Grants Available To Help City of Albany Small Businesses Reinvest https://t.co/dQqXU6DGna pic.twitter.com/eagNfARBs2 — Capitalize […]

Nordic On New Scotland Initiative To Strengthen Business Corridor This Winter

October 16, 2017 – 8:09 pm

Oct. 21-22 | Nordic On New Scotland Kickoff Supported by the Amplify Albany grant program, the Capital Region Nordic Alliance, Inc. (CRNA) has organized recreational programming that will run throughout the winter season this year and bring residents and New Scotland Ave businesses together. CRNA is a non-profit organization that provides opportunities for residents of […]

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 […]

Renewal of Condemned Dana Ave Properties to Buoy Further Park South Revitalization Confirming Promise of Neighborhood Plan

September 21, 2017 – 10:26 pm

Click Here To View The Announcement Press Release A 30-unit, 40,000 sq. ft. apartment building will rise between New Scotland Avenue and Knox Street. This new construction project marks a significant Park South Urban Renewal Plan implementation milestone as redevelopment will spread beyond blocks east of where Albany Medical Center and Tri-City Rentals collaborated on […]

Fort Orange Brewing Planning October Opening

September 11, 2017 – 4:07 pm

Joining the Albany warehouse district’s dynamic cluster of craft beverage producers, Fort Orange Brewing is on track for a mid-to late October opening at 450 North Pearl Street. Fort Orange Brewing will be located within a few blocks of Druthers Brewing Co., Nine Pin Ciderworks, and Albany Distilling Co., which is set to open a retail store and tasting room at 75 Livingston […]

500+ Capital Region Maccabi Games Athletes Welcomed To Albany 

August 25, 2017 – 7:28 pm

The ending of a torch-relay began the opening ceremonies at the Times Union Center to kick off an Olympic-style sporting competition for Jewish teenagers, 13 to 16 years old. Held each summer in North America, the Maccabi Games are the second largest organized sports program for Jewish youth in the world. As part of the competition’s opening […]

New Outdoor Patio Opens For Summer | Albany Distilling Co. Expansion Marks Impact Downtown Implementation Milestone

August 15, 2017 – 9:19 pm

Albany’s warehouse district has a new patio bar. Last month the Albany Distilling Company opened a new patio at its 75 Livingston Ave. location, completing the first phase of a $1 million+ restoration project that will transform the space into a new bar, retail store and tasting room. Work is planned for completion this fall. The new space will feature New […]