News

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 […]

Career Opportunity: Executive Assistant

January 29, 2018 – 8:22 pm

Capitalize Albany Corporation, a not for profit economic development corporation, focused on activity within the City of Albany, New York’s state capital city is seeking a highly-motivated and experienced candidate for Executive Assistant. The successful candidate must be well organized, personable, be able to take direction and also act independently. This is a fast-paced, dynamic […]

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 […]

Extensive Rehabilitation Project to Infuse Albany Neighborhoods with New Energy

December 21, 2017 – 9:19 pm

Home Leasing has committed to rehabilitating 210 units of housing in the Arbor Hill neighborhood and along Clinton Avenue and Ten Broeck Triangle. Local momentum caught the Rochester based developer’s attention, nearly 100 new affordable homes recently came online in Sheridan Hollow—implementation of a comprehensive neighborhood revitalization strategy redeveloped the Sheridan Hollow neighborhood into a […]

City of Albany Projects Receive $10.3 Million from Regional Economic Development Council (REDC) Initiative Round VII

December 13, 2017 – 10:25 pm

The New York State Regional Economic Development Council (REDC) initiative awarded City of Albany projects with approximately $10.3 million ($10,313,807) in funding Wednesday. Overall, the Capital Region—a top performer—was awarded a total of $85 million in funding for 110 projects. Of these 110 projects, 16 directly benefit activities within the City of Albany and will […]

Capitalize Albany and Convention Center Authority Collaboration Moves Forward Toward Redevelopment Success at Liberty Park

December 13, 2017 – 7:58 pm

A Purchase and Sale Agreement was approved this week by both the Capitalize Albany Corporation and Albany Convention Center Authority (ACCA) Boards for transfer of property interests in the roughly five acre ACCA surplus property surrounding Liberty Park in downtown Albany. This decision follows a collaborative and intensive due diligence period during which Capitalize Albany […]

Capitalize Albany Issues Request For Proposals Regarding Design and Engineering Of Albany Skyway Project

December 8, 2017 – 6:30 pm

Read The Announcement Press Release Here With support from Governor Cuomo’s Regional Economic Development Council initiative and New York State, Capitalize Albany Corporation issued a request for proposals to kick off the Albany Skyway project. The Corporation is seeking respondents to complete initial design and engineering of a linear park on an underutilized off-ramp of […]

Local Vendors, Makers And Holiday Cheer Displayed At The Downtown Albany Arcade

December 4, 2017 – 12:01 am

The Fort Orange General Store kicked off its four-week Holiday Market in downtown Albany’s Arcade Building Thursday. Going forward, each Friday evening and ending the evening of December 22, the Holiday Market will feature 20 vendors (rotating each week) selling locally made and sourced goods, live entertainment, art exhibits, restaurant promotions, and drop-in workshops at the Fort […]