A new $10 million investment at 351 Southern Boulevard will create 60 jobs (30 construction and 30 permanent) and provide new neighborhood amenities. A project made possible with support from the City of Albany Industrial Development Agency, on Thursday the City of Albany IDA board approved an application to provide financial assistance to 351 Diamond […]
Author Archives: Mike
9W Project to Bring New Development, Streetscape and Transportation Improvements
New Seasonal Programming Expands Authentic Downtown Albany Tourism Offerings
Expanding authentic downtown #Albany tourism offerings, downtown’s newest walking tour has just launched. The Historic Downtown Albany Food Tour, learn more https://t.co/noFJ1wKp1a #AmplifyAlbany #ImpactDowntown pic.twitter.com/HvztosYIwf — ᴄᴀᴘɪᴛᴀʟɪᴢᴇ ᴀʟʙᴀɴʏ (@CapAlbanyCorp) May 7, 2018 Expanding operations, Taste of Troy Food Tours has brought its programming to downtown Albany. Supported by the Amplify Albany grant program, the newest seasonal […]
#EconDevWeek | National Economic Development Week 2018
The week-long initiative was created by the International Economic Development Council. Economic Development Week recognizes the work of field professionals, community organizations and leaders to raise awareness about the impact from initiatives and programs improving quality of life and creating jobs in cities across the world. In observance of Economic Development Week Capitalize Albany is joining the conversation online with other […]
Eighth Round of The Regional Economic Development Councils Initiative
Governor Cuomo’s transformative Regional Economic Development Councils Round VIII consolidated funding application (CFA) process has been announced and Capitalize Albany staff is available to assist applicants. More than $750 million in state economic development resources will be made available. CFA Process & Local Support The application process opens May 1. Capitalize Albany Corporation is available to coordinate letters of support […]
Albany Skyway Preliminary Design and Engineering Work Under Way
The Impact Downtown Albany strategic plan, the City’s comprehensive plan, LWRP and waterfront master plan show demand for, and an economic need to increase connections from downtown to the waterfront. With support from New York State, Governor Cuomo and the recently announced $3.1 million committed, Capitalize Albany Corporation and the Albany Skyway project team are […]
Underutilized Space at 420 Broadway to Take Shape as Seven New Apartments
In recent years, new investment has strengthened downtown Albany’s Broadway, today a walkable retail destination in the downtown core. The fabric of the downtown neighborhood continues to evolve as new retail and downtown living opportunities come online. Retaining Coulson’s News and Deli on its first floor, the renovation of 420 Broadway will transform the building’s […]
Albany Distilling Expands With New Bar And Bottle Shop
.@AlbDistCo‘s new Bar & Bottle Shop is part of a $1 million-plus investment and expansion which renovated 75 Livingston Avenue into a new bar, retail shop, tasting room and outdoor patio space. https://t.co/ATcVcWdRgp #ImpactDowntown #Albany pic.twitter.com/vOlHiyd2kA — ᴄᴀᴘɪᴛᴀʟɪᴢᴇ ᴀʟʙᴀɴʏ (@CapAlbanyCorp) April 9, 2018 Photos: www.AllOverAlbany.com The Albany Distilling Company’s new facility at 75 Livingston Avenue officially opened […]
Restore NY Program Supports City of Albany Neighborhood Revitalization and Rehabilitation of Vacant 251 North Pearl Street
PRESS RELEASE: Click Here To Read More Governor Andrew M. Cuomo announced Monday the City of Albany will receive $1.8 million in funding as part of Round 5 of the Restore New York Communities Initiative to be utilized for renovation of the vacant 251 North Pearl Street, into the new and permanent home of the […]
Downtown Albany Family-Run Authentic Greek Kitchen Opens For Business
We are excited to welcome The Taverna as downtown #Albany’s restaurant landscape continues to diversify. Due to its size, hours and unique features, The Taverna will serve as a key amenity for those living, working and visiting downtown. https://t.co/aY1CHmhDAq pic.twitter.com/YJLjCGGXK9 — Capitalize Albany (@CapAlbanyCorp) March 14, 2018 PRESS RELEASE: CLICK HERE TO READ MORE A […]
Look Up on North Pearl and Pine Streets to Find The Newest Downtown Apartments
Officially welcomed to #Albany today, the Residences at Capital Center is another critical project advancing downtown’s momentum, keeping us on pace to catalyze growth supported by the #ImpactDowntown strategic plan. https://t.co/KZsZqdGObN pic.twitter.com/cpS4XVPcjf — Capitalize Albany (@CapAlbanyCorp) March 6, 2018 Press Release: Click Here To Read More Photos available at Capitalize Albany’s Facebook Page Renovation of […]
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