Impact Downtown Albany

RFP: Commercial Brokerage Services

April 17, 2024 – 4:05 pm

Capitalize Albany Corporation is seeking proposals from licensed commercial real estate brokerage firms to establish a contract for Commercial Real Estate Brokerage Services for an initial period of one year which the term of may be extended by the Corporation. The successful respondent will be retained to represent the Corporation in the marketing and sale […]

Building For Tomorrow 2023

November 30, 2023 – 2:39 pm

RSVP | Building For Tomorrow 2023 Capitalize Albany has an ambitious agenda ahead for 2024 with unprecedented opportunities on the horizon for Albany and the Capital Region. An annual event, Building For Tomorrow will be hosted this year at the Albany Black Chamber of Commerce & Social Club.  Enjoy networking, refreshments, an exciting panel discussion, […]

The 110-Room Hyatt Place Hotel Opens In Downtown Albany  

November 14, 2023 – 2:09 pm

More than $40 million Investment Transformed Former Brownfield Site As Part Of Quackenbush Square Development               View this post on Instagram                         A post shared by Capitalize Albany Corporation (@capalbanycorp) A new 110-room Hyatt Place Hotel now stands […]

New $3.5 Million Renaissance Albany Renovation Project Will Strengthen Hotel Operations

September 21, 2023 – 9:45 am

Investment Will Support Retention of 91 Jobs and Bring Improvements to Public Spaces, Guest Rooms View Announcement Press Release A new $3.5 million investment into downtown’s Renaissance Albany will bring needed improvements to the 203 room, 180,000 sq. ft. Renaissance by Marriot hotel’s public spaces and rooms. The  planned renovation will allow the hotel to […]

Fidens Brewing Opens First Taproom In Albany, Welcomed To The Warehouse District

August 4, 2023 – 4:43 pm

Fidens Brewing today opened its new, and first, 11,000 sq. ft. taproom located in Albany’s warehouse district at 897 Broadway, restaurant space which is next to Wolff’s Biergarten and across from The Copper Crow.             View this post on Instagram                     […]

$8.1 Million Investment To Convert and Expand Vacant Downtown Office Building Into Mixed-Use Multifamily Residential

August 1, 2023 – 9:15 am

View Press Release Jankow Companies will soon begin construction on its first downtown Albany multifamily residential project. Two additional floors will be added to the vacant 21,000 sq. ft. three-story office building located at 48 North Pearl St. transforming the property into five stories featuring 20 apartment units and 14,000 sq. ft. of retail space. […]

New Warehouse District Headquarters Opens For Albany Running Exchange, ARE Event Productions

July 19, 2023 – 12:29 pm

Today, ARE Event Productions and its Albany Running Exchange held a ribbon cutting ceremony including a “Break The Tape 5K Run,” celebrating its new headquarters location at 1028 Broadway in Albany’s warehouse district. ARE’s move to its new headquarters comes following an extensive $1 million renovation made possible through the City of Albany’s American Rescue […]

New Capital Walls Mural at The Yard in Albany Highlights Local Botany Native to the Capital Region

June 23, 2023 – 10:20 am

Downtown’s public art has just grown by more than 277-square-feet with the new addition of Capital Walls’ 20th mural by artist Juliana Haliti. It’s located on the main wall of The Yard Hatchet House & Bar between Chapel St and Sheridan Ave, the mural was funded by Leyla Kiosse, President of The Yard Hatchet House […]

First Capital Walls Mural of 2023 In Progress

May 12, 2023 – 11:37 am

New Capital Walls Mural Highlights Local Botany Native to the Capital Region  Downtown’s public art is in the works to grow by more than 277-square-feet with the planned addition of a Capital Walls mural by artist Juliana Haliti. Located on the main wall of The Yard Hatchet House & Bar between Chapel St and Sheridan […]

Capitalize Albany Breaks Ground On Clinton Market Collective Construction

April 25, 2023 – 10:31 am

Clinton Square DRI Project to Reimagine Key City Gateway, Strengthen Neighborhood Connectivity, and Create Proving Ground for Pop Up Businesses, Events and Programming View Press Release: Announcement By Governor Kathy Hochul Capitalize Albany Corporation and Clinton Market Collective project partners broke ground at 11 Clinton Ave. today marking the start of Clinton Market Collective’s construction. […]