Capitalize Albany Corporation is seeking proposals from qualified, creative and experienced firms and professionals to provide website design and development services in designing and launching its new website. Please find a Request For Proposals at the link below. Responses to this RFP are due to Corporation staff by 4 p.m. on Sept. 24 and the […]
Author Archives: Mike
Inspired By 1920s Photo, McGreevy ProLab & ProPress Restores Broadway Building to its Original Facade
August 7, 2026 – 1:27 pm
More Than $135,000 Historical Restoration Project Completed At 376-378 Broadway After several years of planning and a year of community-supported restoration work McGreevy ProLab & ProPress marked the completion of its facade restoration project on Thursday which returned all the storefront’s original historical features. City of Albany Mayor Dr. Dorcey Applyrs, Capitalize Albany Corporation, […]
A Conversation With Senator Pat Fahy On Chat With Pat Episode 34: Strong Core, Strong Region
June 26, 2026 – 9:35 am
Last week Capitalize Albany President Ashley Mohl and Senior Economic Developer Kaylie Hogan-Schnittker joined Senator Pat Fahy on her podcast for a discussion about the future of the Capital City’s development. Watch on Facebook below or listen on Apple, Spotify or wherever you get your podcasts to learn about what’s taking shape through Governor Hochul’s […]
An Historic Rehabilitation To Convert 120 Madison Ave Into Mixed-Use Development With 11 Multifamily Apartments
June 18, 2026 – 4:06 pm
$4.7 million Project Will Activate Vacant Tax-Exempt Former Masonic Lodge View Announcement Press Release The historic rehabilitation of 120 Madison Avenue by Hoke Development will convert the long-vacant and tax exempt former Masonic Hall located in Albany’s South End Neighborhood into the Prince Hall Apartments. The $4.7 million investment made possible with City of […]
Nine Pin Ciderworks Celebrates Completion of Brick Facade Restoration, Advancing Its Ongoing Warehouse District Investment
June 3, 2026 – 10:35 am
Project Restores Appearance Of Historic McKinney Steel Complex Original Brick Industrial Architecture View Announcement Press Release Nine Pin Ciderworks was joined by Albany Mayor Dr. Dorcey Applyrs and state leaders alongside the City of Albany’s economic development organization Capitalize Albany Corporation to recognize the completion of its latest investment in Nine Pin’s evolving warehouse […]
2026 REDC CFA Process Resources And Local Workshops
June 1, 2026 – 10:33 am
Updated June 24: Governor Kathy Hochul has announced the opening of this year’s Regional Economic Development Councils (REDC) Initiative and Consolidated Funding Application (CFA) process. The application portal is now open and Capitalize Albany staff is available to assist local applicants. In addition to the resources below, a series of local workshops to support potential […]
Stacks Espresso Bar Expands With Opening of Second Downtown Albany Location, Fifth In The Capital Region
May 27, 2026 – 5:03 pm
Newly Renovated Space At 90 State Street To Serve As hub For Coffee Enthusiasts, Gathering Spot For Professionals, Residents And visitors Near Capitol. View Announcement Press Release Stacks Espresso Bar’s leadership and management team gathered with City of Albany Mayor Dr. Dorcey Applyrs, community leaders, the Downtown Albany Business Improvement District and the […]
$7.4 Million Investment Will Convert Underutilized Parking Adding 37 Multifamily Housing Units At The Kennedy Apartments In Downtown Albany
May 20, 2026 – 12:11 pm
View Announcement Press Release $7.38 million will be invested into Redburn Development Partners’ The Kennedy at 45 Columbia Street in downtown to convert underutilized parking areas in the existing mixed-use building into 37 additional apartments. The project will create at least 50 construction jobs and increase the building’s total multifamily housing units to 59 […]
Coordinated Downtown Projects to Add 120 Multifamily Housing Units and Deliver Premier Class A Office Space at 30 South Pearl Street
May 20, 2026 – 11:50 am
$42.5 Million in New Investment to Support Reactivation of 200,000 square feet of vacant office space through residential reuse and office tenancy View Announcement Press Release A $16 million investment by Jankow Companies made possible with City of Albany Industrial Development Agency (IDA) assistance will support a large-scale effort and renovation of 30 […]
More Than 200 Multifamily Apartments Advance Toward Construction In Albany Housing Pipeline
April 16, 2026 – 4:04 pm
View Announcement Press Release An $18.6 million project that will renew the site of Albany’s historic Union Station into a mixed-use multifamily residential development, a $4.8 million project to revitalize and convert the vacant building at 135 Ontario Street into a three-story multifamily residential development, and a $26.5 million project which would convert the […]
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