Author Archives: Mike

City of Albany IDA Assistance Supports Thurlow Terrace Apartments Renovation and Affordable Housing Status Extension

Click Here to View The Announcement Press Release With assistance provided by the City of Albany Industrial Development Agency, a new owner will renovate the existing 136 units of section 8 affordable housing located at 2 Thurlow Terrace in Albany’s Washington Park neighborhood. The assistance also offsets costs, allowing Capital District Apartments, LLC to continue […]

Building For Tomorrow 2016

Joined by its investors, hundreds of community leaders and stakeholders, Capitalize Albany Corporation hosted its annual event, Building For Tomorrow 2016 on Nov. 15, 2016 at the Hilton Garden Inn at Albany Medical Center, celebrating an extraordinary year of building momentum in the Capital City. In review of 2016, Capitalize Albany presented on an unprecedented year […]

RSVP: Building For Tomorrow 2016

Click Here to Register Join the Capitalize Albany Corporation board of directors and staff to celebrate this year’s citywide economic development accomplishments. Before and after the program, attendees will have the unique opportunity to network with staff, the board members, elected officials, staff and Capitalize Albany’s investor base all in one place. Location Hilton Garden […]

Stacks Espresso Bar Opens 2nd Albany Location Bringing New ‘Third Place’ Coffeehouse to Downtown

Click Here to View The Announcement Press Release  Photos >>> @StacksEspresso opened today in downtown #Albany: https://t.co/jw4KUiGTJp #CapAlbGrants #ImpactDowntown pic.twitter.com/NKweSl3Nk2 — Capitalize Albany (@CapAlbanyCorp) November 7, 2016 Stacks Espresso Bar announced its new second Albany location at 488 Broadway in downtown Albany is open for business starting today, with hours every day, 7 a.m. to […]

eba Theater Sock Hop Series Kicks Off November 5th

                Starting on Nov. 5 the eba Theater will host a quarterly Sock Hop from 9 p.m. to midnight. Located in the Lark Street business district at 351 Hudson Avenue, the eba Theater has been providing arts programming in Albany for more than 38 years. Supported by the Amplify Albany […]

City of Albany to See First Residential New Construction as Market for Downtown Living Progresses

Click Here To Read The Announcement Press Release New construction projects located at 191 North Pearl Street and 760 Broadway will transform the two vacant properties, bring new revenue to Albany’s taxing jurisdictions and create a total of 118 new apartment units. Together, these strategically-located projects will increase the density of the growing urban center, […]

Zombies Roaming in Albany

Each evening as part of a four night event held October 13 to October 16, the University at Albany Program in Writing and Critical Inquiry hosted a film festival entitled “The Zombies Are Coming!” at Albany’s Madison Theater. Made possible in part by Capitalize Albany Corporation’s Amplify Albany Grant Program, hundreds attended the film festival […]

Renovations Under Way At Times Union Center

Renovations are well under way with construction visible as you pass by the Times Union Center. A more than $20 million investment is taking shape and when work is finished the TU Center will feature a new, enclosed atrium that will bring bright, digital displays to the arena’s front entrance on South Pearl Street, new […]

Park South Urban Renewal Plan Receives International Economic Development Council Excellence in Economic Development Award

During its 2016 annual conference in Cleveland, OH on September 27, the International Economic Development Council (IEDC) recognized Capitalize Albany Corporation and the Park South Urban Renewal Plan, awarding the Silver Excellence in Economic Development Award. Marking a decade’s worth of implementation, the Park South Urban Renewal Plan was submitted into the IEDC Awards’ Neighborhood […]

246 Affordable Housing Units Newly Restored in Albany Pastures Historic District

Ceremony to mark completed rehab of 246 affordable housing units held today at the Historic Pastures Mansions, #Albany. A $40M investment. pic.twitter.com/Ax5xQ3K0p0 — Capitalize Albany (@CapAlbanyCorp) September 27, 2016 A dedication ceremony marked the completed rehabilitation of 246 affordable housing units in the City of Albany’s Pastures Historic District. Capitalize Albany Corporation joined Albany Mayor […]