Project Will Create At Least 100 Construction Jobs, Bring 120 Additional Units of Affordable Housing Online In Albany View Announcement Press Release A $46.3 million investment is set to bring a 120-unit affordable housing development supporting seniors and veterans to 64 Colvin Avenue in Albany. The project will generate additional revenue to the local taxing […]
Author Archives: Mike
$46.3 Million Investment To Construct Affordable Housing Development That Will Support Veterans And Seniors At Risk Of Homelessness
April 18, 2024 – 12:13 pm
$10.5 Million Investment To Bring Nearly 100,000 Sq. Ft. Of Additional New Warehouse Space Online In Albany
April 18, 2024 – 11:47 am
Flexible Distribution Warehouse Facility To Be Constructed On Final Corporate Circle Industrial Park Vacant Lot Supporting At Least 48 Construction Jobs View Announcement Press Release A 93,000 sq. ft. warehouse/distribution facility will be constructed at 48 Corporate Circle on the last vacant lot within the industrial park. The flexible distribution facility’s design will allow it […]
RFP: Commercial Brokerage Services
April 17, 2024 – 4:05 pm
Capitalize Albany Corporation is seeking proposals from licensed commercial real estate brokerage firms to establish a contract for Commercial Real Estate Brokerage Services for an initial period of one year which the term of may be extended by the Corporation. The successful respondent will be retained to represent the Corporation in the marketing and sale […]
$15 Million 36 Hackett Boulevard New Construction Multifamily Apartments Completed Strengthening Neighborhood Connectivity, Walkability
April 11, 2024 – 2:34 pm
View Announcement Press Release Construction Of 42 Unit Market-Rate Apartment Complex To Generate $1.4 Million Additional Revenue To Local Taxing Jurisdictions View this post on Instagram A post shared by Capitalize Albany Corporation (@capalbanycorp) Local officials and […]
Clinton Market Collective Construction Getting Underway
March 23, 2023 – 9:41 am
Clinton Square DRI Clinton Market Collective Project to Reimagine Key City Gateway, Strengthen Neighborhood Connectivity, and Create Proving Ground for Pop Up Businesses, Events and Programming Clinton Market Collective construction is starting, preliminary site work is getting underway and fencing will soon be constructed around the site’s perimeter. Directly across from the new Skyway, the […]
$11.2 Million Investment To Bring Additional New Warehouse Space Online In Albany
March 16, 2023 – 2:35 pm
Press release available here. 75,000 Sq. Ft. Warehouse and Distribution Facility To Be Constructed Supporting More Than 70 Construction and Permanent Jobs A 75,000 sq. ft. warehouse building will be constructed at 38-42 Corporate Circle off New Karner Road. It’s planned to be leased to entertainment and pop-culture merchandise retailer FYE serving as a manufacturing […]
#AlbanyIsAllBiz For El Rey Mexitalia, Celebrating Two Years In Business
March 16, 2023 – 11:36 am
After more than a decade of honing their skills and building their savings, friends Jesus Vazquez, Francisco Hernandez and Armando Hernandez decided to pursue a concept they had been dreaming up and opened their Mexican-Italian restaurant January 25, 2021 — El Rey Mexitalia. “When we first opened, each of us were putting in about seventy […]
Small Business Building Improvement Grants Now Available as New Program Application Process Opens
January 11, 2023 – 11:58 am
City of Albany and Capitalize Albany Launch New Program With Flexible, Reimbursement Grants To Support Ongoing Post-Covid Recovery Efforts Full Program Details: www.CapitalizeAlbany.com/Grants View this post on Instagram A post shared by Capitalize Albany Corporation (@capalbanycorp) […]
South End Grocery Now Open
December 27, 2022 – 11:11 am
The South End Grocery is Located at 106 South Pearl Street The South End Grocery Coalition led by BlueLight Development Group and The African American Cultural Center of the Capital Region invited the Capital Region community to the grand opening of The South End Grocery on Tuesday. The opening marked one year after successfully purchasing […]
Central Warehouse Redevelopment Awarded $9.75 Million Through First Round Of The Restore New York Communities Initiative
December 20, 2022 – 3:56 pm
View this post on Instagram A post shared by Capitalize Albany Corporation (@capalbanycorp) Governor Kathy Hochul Announced Today Albany’s $9.75 Million Special Project Award View Announcement Press Release Led through a partnership between development team Redburn Development […]
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