Author Archives: Mike

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 […]

Capitalize Albany to Host Public Engagement Kick Off Regarding Albany Skyway Design and Engineering

  .@CapAlbanyCorp is kicking off the Albany Skyway project with a public engagement event in order to generate ideas that will support the project’s initial design and engineering. The project team wants to hear what matters to you. RSVP and learn more here: https://t.co/R76Ep7bzSU pic.twitter.com/9PGO3NErZp — Capitalize Albany (@CapAlbanyCorp) March 5, 2018 With support from […]

363 Ontario Street Project To Reinvest In Pine Hills Neighborhood

Press Release: Click Here To Read More A redevelopment plan for Albany’s Playdium Bowling Center will reinvest $16.2 million into the 1.8 acre parcel located at 363 Ontario Street in Albany’s Pine Hills Neighborhood. The completed project will immediately double payments to local taxing jurisdictions, and is projected to generate $4.76 million in payments in […]

Art Funds Art Tour At Albany Social Justice Center

Supported by the Amplify Albany grant program and Holding Our Own Inc., the ART FUNDS ART TOUR has been organized by a local musician. The tour is a new concert series that uses music to support diverse artist groups within each community on the tour. The tour will visit several cities and will be hosted […]