Downtown Residential

Capitalize Albany to Host Public Engagement Kick Off Regarding Albany Skyway Design and Engineering

March 5, 2018 – 8:21 pm

  .@CapAlbanyCorp is kicking off the Albany Skyway project with a public engagement event in order to generate ideas that will support the project’s initial design and engineering. The project team wants to hear what matters to you. RSVP and learn more here: https://t.co/R76Ep7bzSU pic.twitter.com/9PGO3NErZp — Capitalize Albany (@CapAlbanyCorp) March 5, 2018 With support from […]

Plan for First Downtown Residential New Construction Project Progresses

January 19, 2018 – 8:31 pm

Read More And View The Press Release A new construction project at 760 Broadway will transform the vacant property, bring new revenue to Albany’s taxing jurisdictions and create a total of 88 new apartment units. The project is expected to be completed in the fall of 2019. To take shape at the 1.4-acre parking lot, […]

Downtown Residential On Track As 2018 Gets Under Way

January 16, 2018 – 3:44 pm

Since the Downtown residential initiative’s inception in 2002, with progress driven by Impact Downtown Albany implementation, Albany’s newest neighborhood is becoming home to more and more. As 2018 gets under way, the number of downtown apartment units completed and the hundreds currently under construction combined total more than 800 units.  Supporting Impact Downtown implementation and utilized […]

Extensive Rehabilitation Project to Infuse Albany Neighborhoods with New Energy

December 21, 2017 – 9:19 pm

Home Leasing has committed to rehabilitating 210 units of housing in the Arbor Hill neighborhood and along Clinton Avenue and Ten Broeck Triangle. Local momentum caught the Rochester based developer’s attention, nearly 100 new affordable homes recently came online in Sheridan Hollow—implementation of a comprehensive neighborhood revitalization strategy redeveloped the Sheridan Hollow neighborhood into a […]

Capitalize Albany and Convention Center Authority Collaboration Moves Forward Toward Redevelopment Success at Liberty Park

December 13, 2017 – 7:58 pm

A Purchase and Sale Agreement was approved this week by both the Capitalize Albany Corporation and Albany Convention Center Authority (ACCA) Boards for transfer of property interests in the roughly five acre ACCA surplus property surrounding Liberty Park in downtown Albany. This decision follows a collaborative and intensive due diligence period during which Capitalize Albany […]

New Dog Park To Serve As Neighborhood Attraction As Downtown Residential Growth Continues

November 29, 2017 – 8:57 pm

The gates of the Olde English Downtown Dog Park are now officially open in Albany. The park serves as a significant neighborhood amenity as downtown’s residential base continues to grow, with 50 percent of its residential properties now welcoming pets. More than 650 downtown residential units have been completed or are currently under construction. This […]

New Holiday Market Announced For Downtown Albany

November 17, 2017 – 7:45 pm

The Fort Orange General Store will celebrate its inaugural holiday season with a Holiday Market in downtown Albany’s Arcade Building and the Fort Orange General Store. The market will feature 20 vendors (rotating each week) selling locally made and sourced goods, live entertainment, art exhibits, restaurant promotions, and drop-in workshops at the Fort Orange General […]

Building For Tomorrow 2017

November 16, 2017 – 3:51 pm

Joined by its investors, hundreds of community leaders and stakeholders, Capitalize Albany Corporation hosted its annual event, Building For Tomorrow 2017 on Nov. 14 at Berkshire Bank’s 30 South Pearl Street office penthouse, celebrating an extraordinary year of building momentum in the Capital City. In review of 2017, Capitalize Albany presented on an unprecedented year of […]

Introducing Amazon To The Heart Of Tech Valley

October 20, 2017 – 1:46 pm

With support from Capitalize Albany Corporation, the Center For Economic Growth hand-delivered Tech Valley’s pitch for Amazon’s $5 billion second corporate headquarters on Thursday.  Amazon’s proposed HQ2 location would include unprecedented linkages to the Hudson River—the Amazon Promenade—millions of square feet of office space in downtown Albany and Rensselaer connected by multiple transportation options which include an aerial […]

International Economic Development Council Recognizes Wellington Row Revitalization For Excellence In Economic Development

September 29, 2017 – 5:01 pm

CLICK HERE TO READ THE ANNOUNCEMENT PRESS RELEASE  During its September, 2017 annual conference in Toronto, Ontario, Canada, the International Economic Development Council (IEDC) recognized Albany’s revitalization of Wellington Row, presenting its Gold Excellence in Economic Development award.   For more than 30 years, prime property in the state’s capital city sat abandoned. The $68 million […]