News

New Life for Long Energy Site with More Than 70 Market-Rate Apartments Coming to The Hudson/Park Neighborhood

February 16, 2017 – 8:03 pm

Click Here to View The Announcement Press Release Located between Albany’s Washington Park, Lincoln Park and downtown Albany, the Hudson/Park Neighborhood is known for its location convenience, nearby parks and cultural diversity. As part of an adaptive re-use plan to transform the Long Energy site properties and warehouse building at 160 Myrtle Ave—the Long Energy site […]

Fifth Tier Baking Studio Joins Downtown Retailers

February 15, 2017 – 5:42 pm

Fifth Tier Baking Studio welcomed to #downtownAlbany joining Columbia St. retailers @EnchntdFlrst… https://t.co/RVQG2iw46N #Impactdowntown pic.twitter.com/n6KwRG7O8E — Capitalize Albany (@CapAlbanyCorp) February 14, 2017  Business owner Lyle Houston was officially welcomed to downtown on February 14 with a ribbon cutting ceremony held celebrating the opening of The Fifth Tier Baking Studio at 54 Columbia Street. Houston is […]

Wellington Row Full-Service Salon and Spa Opens Enhancing Downtown Experience

February 7, 2017 – 9:02 pm

  Enhancing the downtown Albany experience, Spa Wellington celebrated its grand opening—now less than a month out from the opening of the adjacent Albany Capital Center. Located at 140 State Street and supported by Impact Downtown Albany implementation, Spa Wellington complements historic Wellington Row’s hospitality, retail, and dining options which have developed in recent years. The spa and its […]

Amplify Albany Supported Dance Music Concert Series’ 2nd Installment: eba Theater Presents Sun Natives & Kimono Dragons

February 6, 2017 – 5:16 pm

During Albany’s “1st Friday” evening on February 3, the eba Theater held its Sock Hop series’ second installment. The Amplify Albany grant program supported event brings an all ages dance music concert series in an effort to attract new crowds and interest to the Lark Street business district.  Kicking off in November last year, the […]

Community Loan Fund Secures $3.5 million in New Funds for Economic Development in the Capital Region

February 3, 2017 – 8:02 pm

Community Loan Fund Secures $3.5 million in New Funds for Economic Development in the Capital Region. https://t.co/MiFSlDYOWI pic.twitter.com/VQ2VlYBXqk — Community Loan Fund (@CommunityLoans) February 3, 2017 COMMUNITY LOAN FUND’S ANNOUNCEMENT PRESS RELEASE               In October of 2016, the Community Loan Fund of the Capital Region (CLFCR) was notified that […]

Next Window Lights Up in Albany Arcade Building

January 30, 2017 – 2:57 pm

Opening its second Albany location in the fall of 2016, Stacks Espresso Bar was the first retailer to take space at the downtown Arcade Building (488 Broadway). A few weeks into 2017, a ribbon cutting ceremony took place on Jan. 18 for Albany Center Gallery’s new location, neighboring Stacks and occupying approximately 2,050 sq. ft. of space.  Implementation of the […]

Click Here For Information On Our Grant Programs

January 27, 2017 – 12:00 am

Capitalize Albany is now accepting applications for its Downtown Albany Retail Grant Program and Amplify Albany Grant Program. The Downtown Albany Retail Grant Program can assist businesses interested in establishing a new downtown Albany storefront location and can assist those already existing in core downtown areas with exterior improvements. The Amplify Albany Albany Grant Program aims to attract more […]

Quality New Storage Facility Will Serve as Critical Amenity amid Residential Growth in Albany Neighborhoods

January 26, 2017 – 2:35 pm

VIEW THE ANNOUNCEMENT PRESS RELEASE In recent years more than 300 new apartment units have come online in Albany’s downtown and warehouse district alone as implementation of the Impact Downtown Albany strategic plan continues. There are nearly 500 more residential units in the pipeline for downtown and in the past year more than 100 new […]

Albany Skyway to Improve Waterfront Connectivity

January 17, 2017 – 3:01 pm

Click Here To View The Announcement Press Release Capitalize Albany Corporation’s Round VI awarded CFA project is the first phase of a multi-phase proposed project that will ultimately result in the conversion of the I-787 northbound exit ramp from Quay Street to Clinton Avenue—into the Region’s first and only highline park—the Albany Skyway. With support […]

Fashion Designer Newest Retailer In Downtown

January 6, 2017 – 9:39 pm

Daniel Mozzes Design, located at 61 N Pearl Street – Steuben Walk #1, was welcomed to downtown Albany on January 6. One of downtown’s newest retailers, the business is the first to open in one of the Pearl Street Pub building’s (formerly the Jillian’s building) newly renovated spaces. Implementation of the Impact Downtown Albany strategic plan is continuing […]