Impact Downtown Albany

Capitalize Albany Launches Neighborhood Retail Grant Program and More Than $300,000 to Support Retail, Business Growth In Albany

January 12, 2022 – 12:33 pm

Four Programs In 2022 Aimed at Attracting Retail Tenants, Reinvestment and Façade Rehabilitation, Driving Foot Traffic to Commercial Districts Announcement’s Press Release Available, Here Informational PDF Flier Available Below and Here The City of Albany’s economic development organization Capitalize Albany Corporation announced today the launch of its grant programs available for 2022 including a new […]

Clinton Market Collective Construction Bid Opportunity, Information for Contractors, Trade Experts

January 3, 2022 – 9:57 am

Capitalize Albany Corporation is now seeking bids for construction of its Clinton Market Collective project. TW&A Construction Management, a New York State Women-Owned Business (WBE) is serving as the construction manager for the project. Construction bids for the Clinton Market Collective will be due at 2:00 P.M. on Friday January 21, 2022. Bids received after […]

$65 Million Investment To Transform Iconic Albany Warehouse, Development of Distinctive Mixed-Use Project

December 16, 2021 – 2:13 pm

Redburn Development Will Renovate The Historic Huck Finn’s, Creating 260 Market-Rate Apartments With Indoor & Outdoor Amenities, 48,000 Square Feet Of Commercial Space Announcement’s press release, here Redburn Development Partners is moving forward with a project that will further strengthen the City’s growing warehouse district, transforming a downtown landmark – The Warehouse at Huck Finn […]

Capitalize Albany Unveils Final Designs for Clinton Market

December 11, 2021 – 10:43 am

Immersive Views Provide Sneak Peek at Reimagined ‘Federal Park’ for 2022 Construction to Strengthen Neighborhood Connectivity and Create A More Retail, Pop-Up, and Event-Friendly Space Announcement’s press release available, here. As part of its display at 11 Clinton Ave. Capitalize Albany Corporation unveiled final designs for its Clinton Market Collective project based on feedback from […]

#DowntownWorks For The Blake Annex

October 11, 2021 – 12:46 pm

Coworking spaces – like so many businesses – had a scare at the start of the coronavirus pandemic when all but essential industries were shuttered for a time in an effort to curb the spread of COVID-19. But the founders of The Blake Annex, which occupies 25,000 square feet of space in the Kenmore Building […]

Kenmore Ballroom Welcomed To Downtown

September 16, 2021 – 2:51 pm

Read the announcement press release here. An historic event venue, the Rain-Bo Room, is now reimagined. With owners Katie O’Malley Maloney and Nate Maloney, the Kenmore Ballroom was welcomed to downtown Albany today. Recognizing the opening and reimagining of this historic space following Redburn Development’s $36M investment in 76 N. Pearl St., the Kenmore Ballroom […]

DeFazio’s Pizzeria at Albany Distilling Now Open

September 3, 2021 – 1:58 pm

Photo by Kiki Vassilakis  DeFazio’s Pizzeria’s new location at Albany Distilling Co., DeFazio’s x ADCo, opened Sept. 3.  Located at 75 Livingston Ave., between Broadway and North Pearl Street and theREP’s nearby newly opened space, DeFazio’s is welcomed to ADCo as the evolving district’s latest attraction. Albany Distilling expanded into the space in 2018 following a $1 million renovation supported in […]

#DowntownWorks For Sidebar, Coming Soon

August 24, 2021 – 9:18 am

Mike Lynch has eaten and cooked his way around the world – including a period at Nicole’s Bistro when it was located in downtown Albany’s Quackenbush Square. Along the way he became a certified sommelier and owned two restaurants in South Florida. But through it all – over a period of two decades, he says […]

RFP: Construction Management Services For Clinton Market Collective Project

July 28, 2021 – 3:24 pm

Capitalize Albany Corporation is seeking proposals from qualified construction managers to provide construction management services in connection with the construction of an innovative open space with amenities and concessions along Clinton Avenue in Downtown Albany, New York that is expected to go into construction in 2022. Proposals from respondents seeking to bid on and/or self-perform […]

$12 Million In Additional Investment to Revitalize 61 N. Pearl St., 66 State St., Bringing 42 More Apartments to Downtown Albany

July 22, 2021 – 4:48 pm

Redburn Development Expands Downtown Living Options Following Success of Its Initial $80 Million Investment   Press release available here   Furthering Impact Downtown Albany plan implementation Redburn Development Partners is moving forward with two additional historic redevelopment projects in downtown Albany at 61 N. Pearl St. and 66 State St. after experiencing strong demand for […]