Impact Downtown Albany

Redburn Development Partners’ $80 Million Investment Downtown Progresses

October 17, 2019 – 6:21 pm

View the announcement’s press release $12.3 million will be invested into the transformation of 39 and 45 Columbia Street as part of Redburn Development’s more than $80 million total investment into downtown Albany. The $7 million project at 45 Columbia Street will take what is currently a 78,000 sq. ft. vacant parking garage and create […]

Nov. 13 | Building For Tomorrow 2019

October 10, 2019 – 11:54 am

An annual event, Building For Tomorrow will be hosted this year at one of Albany’s newest investments, The Knick at 16 Sheridan Avenue. A more than $20 million investment, what was a vacant 112,000 sq. ft. office building is being transformed into 132 market-rate apartments and ground floor commercial space which will feature The Yard […]

Semblance Medspa Adding Clinical Skin Care Services, Health And Wellness Support To Neighborhood Amenities

September 27, 2019 – 1:44 pm

Click Here To View The Announcement’s Press Release Officially welcomed to the City of #Albany this morning, Semblance Medspa is the latest example of a diversifying retail and service mix, and we are excited for the investment Dr. Sajid is making in downtown. https://t.co/nIf5J5S3Fu #CapAlbGrants #ImpactDowntown pic.twitter.com/5FJ2URWsu4 — ᴄᴀᴘɪᴛᴀʟɪᴢᴇ ᴀʟʙᴀɴʏ (@CapAlbanyCorp) September 27, 2019 The […]

With Completed Renovations at 90 North Pearl Street ‘The Bishop’ Opens In Downtown Albany

September 19, 2019 – 11:53 am

Click Here To View The Announcement’s Press Release With completed renovations at 90 N. Pearl, downtown #Albany‘s newest restaurant The Bishop, offering a farm to table, bourbon and steak focus, was officially welcomed to the Capital City for its grand opening. https://t.co/CpyGn1DfFg #ImpactDowntown #CaoAlbGrants pic.twitter.com/uRScbTlzKx — ᴄᴀᴘɪᴛᴀʟɪᴢᴇ ᴀʟʙᴀɴʏ (@CapAlbanyCorp) September 19, 2019 The storefront at […]

New Street Decals Enhance Capital City Trolley Service And Connectivity

August 13, 2019 – 3:01 pm

The Capital District Transportation Authority recently installed new street decals, making it even easier to find its stops and ride the free Capital City Trolley connecting downtown Albany and the Lark Street business district. The Trolley operates Thursday – Saturday from 5 p.m. to 12:30 a.m. Check out the new street decals in Downtown Albany […]

Transformational Projects Announced For Clinton Square As Part Of $10 Million Downtown Revitalization Initiative Award

July 24, 2019 – 8:37 pm

View the announcement’s press release, click here The City of Albany’s Downtown Revitalization Initiative Plan and Award Booklet can be found here Governor Cuomo announced 12 transformational projects for Albany’s Clinton Square neighborhood as part of the $10 million Downtown Revitalization Initiative (DRI) award. The strategic investments in Clinton Square will enhance the neighborhood’s role […]

‘The Bishop’ At 90 North Pearl Street Readying For Opening

July 15, 2019 – 4:42 pm

The Bishop, a new downtown full service restaurant is planning to open in the coming weeks. Supported in part by the Downtown Albany Retail Grant Program, The Bishop will offer a large array of spirits, common cocktails and craft beer, with a main focus on bourbon. Since its inception the Retail Grant Program has leveraged more than […]

132-Room Hotel As Part of Quackenbush Square Development To Transform 1.67-Acre Former Brownfield Site In Downtown Albany

June 20, 2019 – 8:37 pm

Click here to view the announcement’s press release A new $30.4 million investment will transform a highly visible site along Broadway. As part of Pioneer Companies’ large mixed-use Quackenbush Square development project, a new 132-room hotel will strengthen the connection between downtown Albany, Clinton Square and the warehouse district, support nearby businesses and area attractions. […]

Rehabilitation of Vacant 251 North Pearl Street Supports City of Albany Neighborhood Revitalization

June 20, 2019 – 8:13 pm

Click here to view the announcement’s press release Supported by the City of Albany Industrial Development Agency and by the City of Albany through the Restore New York Communities Initiative, vacant 251 North Pearl Street will be renovated and transformed into the new and permanent home of the Capital Repertory Theatre (theREP). The $9.5 million […]

First Vendors Now Open At New Downtown Albany Food Court

June 19, 2019 – 2:35 pm

The 50 South Eatery’s first vendors have began serving as part of a soft-opening phase of the new downtown Albany food court. Across from the Times Union Center, below 50 South Pearl Street’s 15 market-rate apartments, on the ground-floor 3,475 sq. ft. of space was transformed into seven restaurant stalls with shared dine-in space. The […]