News

Albany Skyway Preliminary Design and Engineering Work Under Way

April 20, 2018 – 1:38 pm

The Impact Downtown Albany strategic plan, the City’s comprehensive plan, LWRP and waterfront master plan show demand for, and an economic need to increase connections from downtown to the waterfront. With support from New York State,  Governor Cuomo and the recently announced $3.1 million committed, Capitalize Albany Corporation and the Albany Skyway project team are […]

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 […]

Downtown Albany Family-Run Authentic Greek Kitchen Opens For Business

March 14, 2018 – 4:03 pm

We are excited to welcome The Taverna as downtown #Albany’s restaurant landscape continues to diversify. Due to its size, hours and unique features, The Taverna will serve as a key amenity for those living, working and visiting downtown. https://t.co/aY1CHmhDAq pic.twitter.com/YJLjCGGXK9 — Capitalize Albany (@CapAlbanyCorp) March 14, 2018 PRESS RELEASE: CLICK HERE TO READ MORE A […]

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 […]

Art Funds Art Tour At Albany Social Justice Center

February 21, 2018 – 2:33 pm

Supported by the Amplify Albany grant program and Holding Our Own Inc., the ART FUNDS ART TOUR has been organized by a local musician. The tour is a new concert series that uses music to support diverse artist groups within each community on the tour. The tour will visit several cities and will be hosted […]

Home Run For Warehouse District

February 12, 2018 – 2:46 pm

  Making an investment in #Albany’s warehouse district, the @SoTroyDodgers are expanding seasonal programming and have opened a year-round training facility. https://t.co/7XcTBJvS6E pic.twitter.com/aiFmA8b2jn — Capitalize Albany (@CapAlbanyCorp) February 12, 2018 Making an investment in Albany’s warehouse district, the South Troy Dodgers are expanding seasonal programming and have opened a year-round training facility. The South Troy Premiere […]

Winter 2018 Funding Window: City of Albany Small Business Facade Improvement Program

January 29, 2018 – 5:04 pm

Additional City of Albany Small Business Facade Improvement Program applications will be accepted as part of the winter 2018 funding window beginning February 5. This funding window will close March 31, concluding the program’s second round. The fall 2017 funding window closed on November 30, 2017. The number and value of grants available as part of the […]

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 […]

Downtown Residential On Track As 2018 Gets Under Way

January 16, 2018 – 3:44 pm

Since the downtown residential initiative’s inception in 2002, with progress driven by Impact Downtown Albany implementation, Albany’s newest neighborhood is becoming home to more and more. As 2018 gets under way, the number of downtown apartment units completed and the hundreds currently under construction combined total more than 800 units.  Supporting Impact Downtown implementation and utilized […]