Author Archives: Mike

Internship Opportunities: Summer 2016

Capitalize Albany Corporation is seeking highly motivated, professional, responsible and enthusiastic student candidates for two summer internship positions. Interested applicants can click to view the following internship descriptions below to learn more.   Research and Data Analysis Student Internship   Grant Research and Writing Student Internship

Contracts Signed Following Opening Date Announcement

Albany Capital Center officials announced early this month that March 22 will be the opening date of the 82,000 square foot downtown convention center. Five formal commitments have been made, most of which contain multi-year contracts. More than 90 other events are currently in the pipeline at various stages of contract negotiations. Altogether, the five committed events […]

101 New Student Housing Units Set to Support Growth at Albany World-Class Institutions

City of Albany Industrial Development Agency Approves Application To Assist New Private Student Dorm Facility at 1385 Washington Avenue View Announcement Press Release Here   The City of Albany Industrial Development Agency board approved an application to provide financial assistance in the form of New York State sales and mortgage recording tax exemptions and real […]

City of Albany Mayor Kathy Sheehan Appoints Capitalize Albany President to New Task Force Studying Housing Affordability

Her expertise will help the group navigate development economics, find implementable solutions that work for both the neighborhoods and the development community. Albany Mayor Kathy M. Sheehan announced yesterday that she has appointed a new task force on housing affordability that will consist of Albany housing experts as well as community stakeholders, including landlord and […]

Downtown Albany Under Development

Supported and guided by the Impact Downtown Albany strategic plan, everywhere you look something new is taking shape in downtown Albany. Renovations continue at several locations converting old office space into new apartments, Albany Capital Center construction now towers above street level, Wellington Row’s Renaissance Albany is thriving with events and new opportunities have come on the scene for […]

Capitalize Albany Announces Grant Programs to Support Retail Business Growth in Albany

Two Programs Aimed at Attracting Retail Tenants and Driving Foot Traffic to Commercial Districts Backed By City of Albany Capital Resource Corporation Capitalize Albany Corporation announced today the launch of two groundbreaking grant programs to benefit the City of Albany’s various commercial districts and its downtown’s retail market. At an informational programs launch event held […]

Announcing Two New Capitalize Albany Grant Programs Backed By City Capital Resource Corporation Designed to Support Albany Business Growth

UPDATED POST: Click Here For Full Details On Our Grant Programs   Capitalize Albany Corporation will be hosting an informational event, 11 a.m. on Wednesday at 59 North Pearl Street about the launch of two groundbreaking grant programs. Citywide business owners, other City stakeholders and those interested in doing business in downtown Albany are encouraged […]

Family Dollar Opens In South End Albany

Capitalize Albany Corporation joined City of Albany Mayor Kathy Sheehan, Assemblymember John McDonald, Council Member Vivian Kornegay, other officials and Vanguard-Fine to celebrate the grand opening of the Albany‬ South End Neighborhood’s Family Dollar. The neighborhood’s newest asset is located at 418 South Pearl Street, shelves are stocked with everyday items including food and grocery […]

Warehouse District Cidery To Expand Operations

Following up on Round 5 of Governor Cuomo’s Regional Economic Development Council (REDC) initiative, more than $11 million worth of investments are currently under way in downtown Albany. The funding directly supports the Impact Downtown Albany initiative through several projects, which are having an incredible impact on our central business and warehouse district’s building momentum. The Nine Pin Ciderworks Expansion project was awarded […]

Two Warehouse District Projects Move Forward

Impact Downtown Albany implementation is catalyzing change in Albany’s warehouse district. Undergoing a new transformation, it’s an exciting time as the district continues creating new opportunities for a new economy. New restaurants, retail and residential development projects are steadily taking shape as an ever-expanding vision for the district fuels even more growth. The Albany Planning Board recently approved the site […]