Business Development

Small Cafe Signals Major Growth in Sheridan Hollow | The Hungry Hollow

April 28, 2017 – 4:45 pm

  .@TheHungryHollow‘s grand opening marks a significant milestone in the revitalization of #Albany‘s Sheridan Hollow: https://t.co/GvpJjBDPst pic.twitter.com/ejZPujqhrc — Capitalize Albany (@CapAlbanyCorp) April 28, 2017 Marking a major milestone in the emerging neighborhood—The Hungry Hollow—a new restaurant that has been under development for four years celebrated its grand opening today. Located on Sheridan Avenue and Dove […]

Click Here For Information On Our Grant Programs

April 20, 2017 – 12:00 am

Capitalize Albany is currently accepting applications for its Downtown Albany Retail Grant Program and Amplify Albany Grant Program. The Downtown Albany Retail Grant 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 Amplify Albany Albany Grant Program aims to attract more […]

Fort Orange General Store Returns to Albany At 412 Broadway

April 12, 2017 – 7:53 pm

Click Here To View The Announcement Press Release A popular authentic and eclectic soft-goods retail business that closed its doors in early June 2016 will be staying in Albany and reopening this spring with a new location and owner. The Fort Orange General Store was recently purchased by Schuyler Bull and the new owner is in […]

Albany Distilling Announces Expansion | A Key $1 Million+ Investment Strengthening The Connection Of Downtown Albany & The Warehouse District

March 17, 2017 – 7:11 pm

A $1M+ @AlbDistCo investment. Expanding w/new bar/tasting room @ 75 Livingston Avenue. An #ImpactDowntown milestone project. #CapAlbGrants pic.twitter.com/N7hcFjBorN — Capitalize Albany (@CapAlbanyCorp) March 17, 2017 The Albany Distilling Company, Inc., Albany’s first licensed distillery since the beginning of prohibition, announced they will expand into a new facility at 75 Livingston Avenue as part of a […]

Crafting Revitalization In The Albany Warehouse District

March 10, 2017 – 4:36 pm

.@NEDADevelopment #CraftingRevitalization Exciting evening, panel w/@DruthersBrewing @AlbDistCo @CapAlbanyCorp @AlbanyCentral @EcoDevTroyNY pic.twitter.com/D4AeAJJkj1 — Capitalize Albany (@CapAlbanyCorp) March 9, 2017 Since the 2012 passage of New York Farm Brewery legislation and continued support from Governor Cuomo, the number of craft breweries in New York more than tripled between 2012 and 2017. Today, craft beverage producers across the state […]

Albany Capital Center Opens With More Than 60 Events On 2017 Calendar

March 1, 2017 – 9:35 pm

With its official ribbon cutting and opening on March 1, the Albany Capital Center has already booked 62 events in its first year that will occupy 101 days on the calendar and 3,750 hotel room nights. Of the events, 77 percent will be new bookings for Albany. Marking the completion of the downtown Albany convention […]

Fifth Tier Baking Studio Joins Downtown Retailers

February 15, 2017 – 5:42 pm

Fifth Tier Baking Studio welcomed to #downtownAlbany joining Columbia St. retailers @EnchntdFlrst… https://t.co/RVQG2iw46N #Impactdowntown pic.twitter.com/n6KwRG7O8E — Capitalize Albany (@CapAlbanyCorp) February 14, 2017  Business owner Lyle Houston was officially welcomed to downtown on February 14 with a ribbon cutting ceremony held celebrating the opening of The Fifth Tier Baking Studio at 54 Columbia Street. Houston is […]

Wellington Row Full-Service Salon and Spa Opens Enhancing Downtown Experience

February 7, 2017 – 9:02 pm

  Enhancing the downtown Albany experience, Spa Wellington celebrated its grand opening—now less than a month out from the opening of the adjacent Albany Capital Center. Located at 140 State Street and supported by Impact Downtown Albany implementation, Spa Wellington complements historic Wellington Row’s hospitality, retail, and dining options which have developed in recent years. The spa and its […]

Amplify Albany Supported Dance Music Concert Series’ 2nd Installment: eba Theater Presents Sun Natives & Kimono Dragons

February 6, 2017 – 5:16 pm

During Albany’s “1st Friday” evening on February 3, the eba Theater held its Sock Hop series’ second installment. The Amplify Albany grant program supported event brings an all ages dance music concert series in an effort to attract new crowds and interest to the Lark Street business district.  Kicking off in November last year, the […]

Community Loan Fund Secures $3.5 million in New Funds for Economic Development in the Capital Region

February 3, 2017 – 8:02 pm

Community Loan Fund Secures $3.5 million in New Funds for Economic Development in the Capital Region. https://t.co/MiFSlDYOWI pic.twitter.com/VQ2VlYBXqk — Community Loan Fund (@CommunityLoans) February 3, 2017 COMMUNITY LOAN FUND’S ANNOUNCEMENT PRESS RELEASE               In October of 2016, the Community Loan Fund of the Capital Region (CLFCR) was notified that […]