Albany Distilling Announces Expansion | A Key $1 Million+ Investment Strengthening The Connection Of Downtown Albany & The Warehouse District
March 17, 2017
A $1M+ @AlbDistCo investment. Expanding w/new bar/tasting room @ 75 Livingston Avenue. An #ImpactDowntown milestone project. #CapAlbGrants pic.twitter.com/N7hcFjBorN
— Capitalize Albany (@CapAlbanyCorp) March 17, 2017
The Albany Distilling Company, Inc., Albany’s first licensed distillery since the beginning of prohibition, announced they will expand into a new facility at 75 Livingston Avenue as part of a $1 million-plus investment by the company.
Made possible by a $60,000 Empire State Development grant and support from the Downtown Albany Retail Grant Program—75 Livingston Avenue will include a new retail store and tasting room with a full bar featuring New York-made spirits, cider, wine, and beer.
Albany Distilling’s expansion not only continues to grow this exciting local business, it exemplifies the success of Governor Cuomo’s focus on New York’s craft beverage industry, and is a key project connecting downtown and the warehouse district. The warehouse district’s growth is critical to realizing the Impact Downtown Albany strategic plan’s full potential, and this marks a significant implementation milestone. Albany Distilling’s investment is part of more than $120 million worth of additional catalytic investments to take shape on the cusp of downtown and the warehouse district.
Albany Distilling will continue to operate production out of 78 Montgomery Street (adjacent to C.H. Evans Brewing at the Albany Pump Station). The new location, built in 1846 as a residence and later serving as a warehouse for a Nabisco factory, will encompass over 3,000 sq. ft. of the total 6,000 sq. ft. on the property.
Made possible by the City of Albany Capital Resource Corporation—the Downtown Albany Retail Grant Program was launched in 2016 to support business attraction and retention in downtown. Through this Program Capitalize Albany Corporation can assist with a location’s renovation, fit-up costs, and exterior improvements, learn more.
.@AlbDistCo‘s expansion, part of $120M+ in new investments supports dynamic economic growth, key in connecting downtown & warehouse district
— Capitalize Albany (@CapAlbanyCorp) March 17, 2017
Announcement, @AlbDistCo: Expansion, bringing new bar/tasting room to 75 Livingston Avenue. pic.twitter.com/ZUCRn1lmNE
— Capitalize Albany (@CapAlbanyCorp) March 17, 2017
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