An apartment building and parking garage could be built in the vacant space located at the corner of North Pearl and Wilson streets. The proposed project which encompasses constructing an 18-unit apartment building and parking garage on the 9,074-square-foot lot at 191 North Pearl Street is in the early stages of development. Read more here. The 18 units would add to downtown’s […]
Author Archives: Mike
Events Keep Popping Up at Popular Downtown Park
This summer Tricentennial Park will host a record breaking number of visitors as both the Alive at Five summer concert series and the Downtown Albany Business Improvement District’s newest annual summer event, Fork in the Road drive event-goers and more retail traffic downtown. Driven by recommendations of the Impact Downtown Albany strategic plan, Pop-Up programming […]
Look Up on North Pearl and Pine Streets to Find the Next Apartments in the Growing Downtown Neighborhood
View Announcement Press Release Chris Maddalone and Seth Meltzer of Maddalone & Associates are prepared to renovate 99 Pine Street’s upper floors, bringing approximately 35 new market-rate residential units to the heart of downtown Albany. The renovation and partial conversion will take place on the property’s third, fourth and fifth floors transforming old office […]
Capitalize Albany Corporation to Host Informational Roundtable Session on CFA Process
With the Regional Economic Development Council’s Round VI consolidated funding application (CFA) process officially under way Capitalize Albany Corporation will be hosting an informational roundtable session from 5:30 – 6:30 p.m. in Albany City Hall’s Rotunda on Thursday, June 16. The event provides an opportunity for business owners, community leaders and residents to come together and discuss how the CFA process […]
Public Art Project Takes Flight at City Gateway
The Albany Parking Authority teamed up with Albany Center Gallery and Albany Barn, as well as a number of other downtown Albany organizations to create a monumental mural on the north wall of downtown Albany’s Quackenbush Parking Garage which was completed early June. Complemented by recent investments taking shape, the mural project was a collaborative effort to create a welcoming […]
First Mixed-Use Project in Emergent Warehouse District to Take Shape
Now-abandoned 960 Broadway will feature 24 apartments, new commercial space and new restaurant in $6 million renovation View Announcement Press Release Abar Construction, led by developer Bill Barber will redevelop 960 Broadway in Albany’s warehouse district, revitalizing a property formerly home to the Rodgers Liquor Co., which has been left vacant for two decades. […]
New York State Economic Development Council Recognizes Capitalize Albany for Excellence in Economic Development
View Announcement Press Release The New York State Economic Development Council conducted its annual competition to recognize excellence in economic development marketing. Competing against its statewide counterparts, Capitalize Albany Corporation’s 2015 annual report was awarded Best in Class. Nominations are submitted on behalf of local and regional economic development organizations, which compete in several […]
How Is Your Internet Access? Take City Survey Assessing Broadband
The City of Albany is asking business owners to participate in a public survey that will help identify ways to improve affordable access to high-speed internet in Albany. Please click the button below or click here to take the survey. Those participating must respond by June 1st. Albany residents are also encouraged to participate in a separate survey for residents. This […]
Nipper To Watch Over Proposed $70 Million Mixed-Use Plan For Warehouse District
The conversion of the Nipper building (991 Broadway) in Albany’s warehouse district to apartments would be phase one of a four-phase, $70 million development project to include more than 150 additional apartments in a set of newly constructed buildings with retail space and multiple levels of indoor parking. As part of the $15 million phase one, Nipper would sit atop 65-75 residential units, the […]
Corporation Now Accepting Applications For Downtown Albany Retail Grant Program
Capitalize Albany is now accepting applications for its Downtown Albany Retail Grant Program. This program can assist businesses interested in establishing a new downtown Albany storefront location and can assist those already existing in core downtown areas with exterior improvements. The Corporation is still accepting applications for its Amplify Albany Grant Program that aims to attract more foot traffic […]
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