Monthly Archives: May 2025

REQUEST For Proposals Unlocks Landmark Opportunity for Highly Anticipated Redevelopment of the 8-Acre Liberty Park Site in the Heart of Downtown Albany

May 28, 2025 – 3:16 pm

Capitalize Albany Advances Long-Awaited Revitalization of Downtown Albany’s Largest Development Opportunity   The City of Albany’s economic development organization, Capitalize Albany Corporation, beginning today is actively marketing a solicitation seeking proposals from qualified real estate developers to acquire and undertake the redevelopment of downtown Albany’s Liberty Park site through a request for proposals (RFP). For […]

Sign Up and Stay Updated on the NYS $200M+ Downtown Albany Initiative

May 28, 2025 – 12:48 pm

Through this year’s Executive Budget, Governor Hochul launched the Championing Albany’s Potential (CAP) Initiative, to invest $400 million to in part revitalize the state museum, and downtown core of Albany, in partnership with local stakeholders. As part of this effort ESD has selected MIG, a nationally recognized planning and economic development firm, to lead a […]

2025 Regional Economic Development Council Initiative CFA Process And Local Workshop

May 21, 2025 – 12:10 pm

Join Capitalize Albany Corporation and Empire State Development at the Albany Black Chamber of Commerce for an upcoming local CFA workshop. This is an in-person workshop with the opportunity to ask questions and learn more about the CFA application process and available resources.   WHEN: June 18 3:00 – 5:00 p.m.       Where: Albany Black […]