Impact Downtown Albany

Support smAlbany | New Resource To Support Albany Businesses In A Fast-Changing Environment Amid COVID-19 Crisis

March 20, 2020 – 3:31 pm

www.SupportsmAlbany.com   In recognition of the significant impact the novel coronavirus (COVID-19) has had – and will continue to have for the foreseeable future – on the local and national economy, a consortium of organizations has joined together to provide a clearinghouse of information and resources to support businesses at this difficult time.This website is […]

Winter Art Fest Block Party Celebrates Growing Arts Connection In Clinton Square Neighborhood

February 25, 2020 – 1:54 pm

Hundreds attended this exciting annual event for the second year in a row. Supported in part by the Amplify Albany Grant Program, the Albany Distilling and Albany Center Gallery Winter Art Fest returned with expanded programming supporting the Clinton Square DRI zone and strengthening its connection to downtown’s central business district, the warehouse district and surrounding neighborhoods. […]

Making Progress on a $48 Million Project in Arbor Hill 

February 10, 2020 – 12:06 pm

Looking ahead to spring, Home Leasing has passed the halfway mark in its construction of more than 200 affordable housing and mixed-income residential units within 70 row houses in the Arbor Hill neighborhood and along Clinton Avenue and Ten Broeck Triangle. To date, 27 buildings have been completed. Restoration work is continuing, and more than […]

RFP | Clinton Market Collective

January 31, 2020 – 5:50 pm

Click Here To Download This RFP Document 11 Clinton Ave. Survey, 2015  Frequently Asked Questions, updated on Feb. 26, 2020 RFP Webinar Presentation, Feb. 13, 2020 Capitalize Albany Corporation is looking for the most innovative, creative professional engineering and design teams that not only think outside the box, but will leave that box behind without […]

Innovation Of Skyway Recognized By American Council of Engineering Companies

January 29, 2020 – 5:01 pm

With support from Governor Andrew Cuomo’s Regional Economic Development Councils initiative, Capitalize Albany Corporation completed a 2018 Skyway feasibility study and the project’s preliminary design. This study and the Skyway’s design, guided by public input and conducted by the design firm Stantec, has prepared the Impact Downtown Albany-informed Skyway project to advance. The Corporation-led REDC Round […]

Discover Albany and Albany Center Gallery Highlight The Downtown Albany Visual Experience In 2020 Visitors Guide

January 17, 2020 – 10:21 am

Recognizing downtown Albany as a destination, Discover Albany, in collaboration with the Albany Center Gallery, last week revealed the new cover design for the 2020 Discover Albany Visitors Guide. The cover and companion map were both illustrated by artist Cara Hanley and feature downtown as part of the guide’s “Artful Albany” theme. The @Discoveralbany 2020 Visitors Guide artist illustrations […]

Opening Of The Knick In Downtown Albany

December 12, 2019 – 2:21 pm

The formerly vacant building at 16 Sheridan Avenue in downtown, which was once home to The Knickerbocker News, has been transformed into “The Knick.” This exciting project features more than 130 apartments, and occupancy is already approaching 75 percent. On the building’s 3,500 sq. ft. first floor, construction is underway and what will soon be home […]

Annual Report | Building For Tomorrow 2019

November 18, 2019 – 9:16 am

Celebrating its 40th anniversary in 2019, Capitalize Albany Corporation has elevated the City of Albany and the Region. It’s executing action-oriented strategies and catalyzing transformation in Albany’s neighborhoods, downtown and commercial districts citywide. To learn more you can read Capitalize Albany Corporation’s 2019 Annual Report, click here or below. Read our 2018 annual report Read […]

Food Hall And Restaurant Incubator Albany Kitchen Readying For Opening

November 4, 2019 – 11:57 am

As part of Redburn Development Partners’ $80 million investment, the renovation of a 4,500 sq. ft. vacant building at 55 Columbia Street is under way. Occupying the building’s two floors with space fit up supported in part by the Downtown Albany Retail Grant Program, Albany Kitchen is planning for its opening in the coming weeks. Troy Kitchen opened […]

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 […]