News

International Downtown Association Awards Downtown Albany Residential Development Strategy

November 7, 2018 – 9:34 pm

Click here to view the announcement’s press release During its 64th Annual Conference and Tradeshow in San Antonio, the International Downtown Association recognized Capitalize Albany Corporation and the Downtown Albany Residential Development Infinitive, awarding the strategic plan a certificate of merit. The City began the Downtown Residential Development Initiative in 2002 with the purpose of […]

Nov. 27 | Building For Tomorrow 2018

November 1, 2018 – 7:08 pm

An annual event, Building For Tomorrow will be hosted this year in Albany’s warehouse district at Fort Orange Brewing — enjoy networking, a look at the new investment taking shape in the City of Albany, and an exciting panel discussion on local and statewide trends developing in the craft beverage industry. Hear from C.H. Evans […]

Amplify Albany | Classics of Science Fiction Film Festival & Lecture Series at The Linda

October 30, 2018 – 8:21 pm

November 1 – 4, the Writing and Critical Inquiry Program (WCI) at the University at Albany, in collaboration with The Linda, WAMC’s Performing Arts Studio, will host “Classics of Science Fiction,” the WCI Film Festival and Lecture Series’ third annual weekend-long educational and creative celebration. In Oct. 2016 and 2017 programming each year attracted hundreds […]

Capitalize Albany Welcomes Newest Team Member

October 29, 2018 – 9:05 pm

Strengthening its team’s wide-ranging expertise — Genevieve Zurowski has joined Capitalize Albany Corporation as Executive Assistant. Instrumental in the management of day-to-day operations, as Executive Assistant Genevieve also provides vital support services for the Corporation’s President and economic development team. Prior to Capitalize Albany — Genevieve worked under Governor Andrew M. Cuomo’s administration as Special […]

IGNITE 2018 In Albany

October 27, 2018 – 9:00 pm

IGNITE is an annual festival that supports non-profits and volunteer opportunities in the community. With support from Amplify Albany, programming is expanding this year providing more connections to local organizations, it will be held on Nov. 8 at the Albany Capital Center from 6 to 9 p.m. The event will also feature music from the […]

RFP: Banking/Investment Services

October 26, 2018 – 7:48 pm

Capitalize Albany Corporation is requesting proposals from qualified financial institutions to provide banking/investment services for a portion of its current unrestrictive fund balance. The objective is to identify the financial institution that can offer their services at the most competitive rates net of fees. Click Here To View And Download The Request For Proposals Respondent […]

Reinvestment In Strategic Programming Is Strengthening Neighborhoods Throughout The City of Albany

October 18, 2018 – 7:53 pm

Read more in the announcement’s press release here At its Thursday board meeting, the City of Albany Capital Resource Corporation (CRC) approved $25,000 more to support the Amplify Albany Grant Program. Administered by Capitalize Albany Corporation, the program is designed to create and expand programming that is driving foot-traffic throughout City neighborhoods and commercial districts. […]

Morris Street Apartment Building Poised to Further Park South Revitalization

October 18, 2018 – 7:45 pm

Read more in the announcement’s press release here  An important element in Park South Urban Renewal Plan implementation, this $5.3 million investment will remove neighborhood blight through construction of a new five story building with 28 market-rate apartment units. Creating two permanent and 40 construction jobs — during construction the project is estimated to generate […]

Mixed-Use Development to Bring Affordable Housing and New Amenities to Central Avenue Business District

October 18, 2018 – 7:36 pm

Click here to read the announcement’s press release A new $25.1 million investment will bring 74 affordable housing units, a primary care center and accessible services to 526 Central Avenue through partnership with Whitney Young Health and Equinox. The newly constructed 108,400 sq. ft. five story mixed-use development will strengthen the Central Avenue business district […]

International Economic Development Council Recognizes Downtown Albany Residential Initiative For Excellence In Economic Development

October 10, 2018 – 1:12 pm

Read More In The Announcement’s Press Release During its 2018 annual conference in Atlanta, GA in October, the International Economic Development Council (IEDC) recognized the success of Albany’s downtown residential development strategy, presenting the Silver Excellence in Economic Development award. The City began the Downtown Residential Development Initiative in 2002 with the purpose of increasing […]