Read More And View The Press Release A new construction project at 760 Broadway will transform the vacant property, bring new revenue to Albany’s taxing jurisdictions and create a total of 88 new apartment units. The project is expected to be completed in the fall of 2019. To take shape at the 1.4-acre parking lot, […]
Author Archives: Mike
Downtown Residential On Track As 2018 Gets Under Way
January 16, 2018 – 3:44 pm
Since the Downtown residential initiative’s inception in 2002, with progress driven by Impact Downtown Albany implementation, Albany’s newest neighborhood is becoming home to more and more. As 2018 gets under way, the number of downtown apartment units completed and the hundreds currently under construction combined total more than 800 units. Supporting Impact Downtown implementation and utilized […]
Extensive Rehabilitation Project to Infuse Albany Neighborhoods with New Energy
December 21, 2017 – 9:19 pm
Home Leasing has committed to rehabilitating 210 units of housing in the Arbor Hill neighborhood and along Clinton Avenue and Ten Broeck Triangle. Local momentum caught the Rochester based developer’s attention, nearly 100 new affordable homes recently came online in Sheridan Hollow—implementation of a comprehensive neighborhood revitalization strategy redeveloped the Sheridan Hollow neighborhood into a […]
City of Albany Projects Receive $10.3 Million from Regional Economic Development Council (REDC) Initiative Round VII
December 13, 2017 – 10:25 pm
The New York State Regional Economic Development Council (REDC) initiative awarded City of Albany projects with approximately $10.3 million ($10,313,807) in funding Wednesday. Overall, the Capital Region—a top performer—was awarded a total of $85 million in funding for 110 projects. Of these 110 projects, 16 directly benefit activities within the City of Albany and will […]
Capitalize Albany and Convention Center Authority Collaboration Moves Forward Toward Redevelopment Success at Liberty Park
December 13, 2017 – 7:58 pm
A Purchase and Sale Agreement was approved this week by both the Capitalize Albany Corporation and Albany Convention Center Authority (ACCA) Boards for transfer of property interests in the roughly five acre ACCA surplus property surrounding Liberty Park in downtown Albany. This decision follows a collaborative and intensive due diligence period during which Capitalize Albany […]
Capitalize Albany Issues Request For Proposals Regarding Design and Engineering Of Albany Skyway Project
December 8, 2017 – 6:30 pm
Read The Announcement Press Release Here With support from Governor Cuomo’s Regional Economic Development Council initiative and New York State, Capitalize Albany Corporation issued a request for proposals to kick off the Albany Skyway project. The Corporation is seeking respondents to complete initial design and engineering of a linear park on an underutilized off-ramp of […]
Local Vendors, Makers And Holiday Cheer Displayed At The Downtown Albany Arcade
December 4, 2017 – 12:01 am
The Fort Orange General Store kicked off its four-week Holiday Market in downtown Albany’s Arcade Building Thursday. Going forward, each Friday evening and ending the evening of December 22, the Holiday Market will feature 20 vendors (rotating each week) selling locally made and sourced goods, live entertainment, art exhibits, restaurant promotions, and drop-in workshops at the Fort […]
New Dog Park To Serve As Neighborhood Attraction As Downtown Residential Growth Continues
November 29, 2017 – 8:57 pm
The gates of the Olde English Downtown Dog Park are now officially open in Albany. The park serves as a significant neighborhood amenity as downtown’s residential base continues to grow, with 50 percent of its residential properties now welcoming pets. More than 650 downtown residential units have been completed or are currently under construction. This […]
A Local ‘Clicks To Bricks’ Story: Crazy 4 Green Diecast Replicas Opens Downtown Albany Store
November 20, 2017 – 5:26 pm
A local ‘clicks to bricks’ story in downtown #Albany. Crazy 4 Green Diecast Replicas is now a part of Steuben Alley. https://t.co/Giy4Q1H6hK #ImpactDowntown pic.twitter.com/BkYdVfMJlZ — Capitalize Albany (@CapAlbanyCorp) November 20, 2017 Crazy 4 Green Diecast Replicas, a specialty retail destination selling auto and machinery models was welcomed to downtown Albany on Wednesday, November 15 at […]
World-Class Special Effects Company Locates Downtown Under START-UP NY Partnership
November 20, 2017 – 2:12 pm
.@Branch_VFX, a “tier one” special effects company locates downtown under new Start-Up NY partnership @ualbany https://t.co/O2Nz7LvgS1 #ImpactDowntown — Capitalize Albany (@CapAlbanyCorp) November 20, 2017 The University at Albany announced the latest company to join UAlbany’s expanding START-UP NY portfolio—Branch VFX. A boutique special effects firm with New York City and LA offices, Branch VFX is a […]
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