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 […]
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Announcing Two New Capitalize Albany Grant Programs Backed By City Capital Resource Corporation Designed to Support Albany Business Growth
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 […]
Capital Region Leaders Unite Behind UAlbany College of Engineering and Applied Sciences
Capital Region community, business, education and government leaders announced unified support for the University at Albany’s plan to transform a century-old former public school building into a home for its new College of Engineering and Applied Sciences (CEAS), and requested $20 million in the state budget to start the project. The capital funding would finance […]
Steel Is Rising At The Site Of The Albany Capital Center
The building is finally taking shape and steel is quickly rising above street level at the site of the new $66.5 million Albany Capital Center, set to open in early 2017. Leisure & Hospitality International Magazine has details about the Albany Capital Center in this feature article. You can also see construction updates weekly on the Albany Capital Center’s […]
McLaren Engineering Group Opens Office In Downtown Albany
McLaren Engineering Group, a full-service engineering firm with eight divisions officially opened their newest office at 5 Clinton Square in downtown Albany’s Patroon Building on Wednesday. The new location will allow the firm to serve its growing roster of public and private sector clients. Capitalize Albany Corporation joined the Capital Region Chamber, the Downtown Albany Business Improvement […]
Now Open: The Steuben Street Market
On Thursday Capitalize Albany Corporation joined Steuben Street Market co-owner Chris Pratt, City of Albany Mayor Kathy Sheehan, Albany County Executive Daniel P. McCoy, director of the New York State Office of Homes and Community Renewal’s Main Street Grant program Crystal Loffler, president and COO of Omni Development David Swawite, Assemblymember John McDonald and Downtown […]
Crave Is Welcomed To Albany
Capitalize Albany Corporation joined City of Albany Mayor Kathy Sheehan, the Capital Region Chamber of Commerce, other City leaders and stakeholders for Crave’s official ribbon cutting and grand opening celebration Thursday. Located at 217 Western Ave., Crave specializes in comfort food and frozen yogurt. It’s co-owned by Devin Ziemann and Kaytrin Della Sala. To learn more […]
74 State Is Now Home To New Fairfield Inn & Suites
Renovations at the boutique 74 State Hotel were unveiled Thursday after undergoing its transformation which began in 2015. Capitalize Albany Corporation joined City of Albany Mayor Kathy Sheehan, other City leaders, stakeholders and the Downtown Albany Business Improvement District to officially welcome the new Fairfield Inn & Suites by Marriott to the City of Albany. […]




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