Impact Downtown Albany

South End Grocery Now Open

December 27, 2022 – 11:11 am

The South End Grocery is Located at 106 South Pearl Street The South End Grocery Coalition led by BlueLight Development Group and The African American Cultural Center of the Capital Region invited the Capital Region community to the grand opening of The South End Grocery on Tuesday. The opening marked one year after successfully purchasing […]

Central Warehouse Redevelopment Awarded $9.75 Million Through First Round Of The Restore New York Communities Initiative

December 20, 2022 – 3:56 pm

            View this post on Instagram                         A post shared by Capitalize Albany Corporation (@capalbanycorp) Governor Kathy Hochul Announced Today Albany’s $9.75 Million Special Project Award View Announcement Press Release Led through a partnership between development team Redburn Development […]

#DowntownWorks For O’Connell & Aronowitz

December 8, 2022 – 3:06 pm

O’Connell & Aronowitz, one of the Capital Region’s oldest law firms, has deep ties to the City of Albany and a long commitment to its downtown. It opened its doors in 1925 with two founding attorneys from opposite ends of the political spectrum: Edward J. O’Connell, chairman of the Albany Democratic Committee and brother of […]

Clinton Market Collective Construction Bid Opportunity: Information For Contractors And Trade Experts

September 20, 2022 – 1:43 pm

Update 9/29/22: Interested bidders, please click here to review Addendum #1 and note the below due date has been updated. 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 […]

Survey & Public Workshop: Help Bring $10 Million To South Pearl Street

August 30, 2022 – 9:59 am

The City of Albany is preparing to put forward an application for South Pearl to compete in the sixth round of the New York State Downtown Revitalization Initiative (DRI). The City of Albany would like your participation in creating the strongest application possible. Please attend a community workshop on September 6th from 6:00 – 7:30 p.m. at the […]

Downtown Entertainment Destination Empire Live Celebrates One-Year Anniversary

August 26, 2022 – 1:56 pm

A celebration for event venues Empire Live and Empire Underground one year in the making was held at the 93 N. Pearl Street entertainment destination. Indie band The Cold War Kids opened Empire Live on August 26, 2021, with 700 attendees. Since opening approximately 60,000 people have come downtown to Empire Live and Empire Underground […]

#AmplifyAlbany | ALBANY CENTER GALLERY UNVEILS EXPANSION WITH NEW VIBRANT ARTIST SPACE ‘ART.WORK.SPACE.’

August 5, 2022 – 3:26 pm

With support from the Amplify Albany grant program Albany Center Gallery unveiled its new workshop and artist space: Art.Work.Space Friday evening followed by an artist reception event which attracted hundreds to downtown’s central business district. The new workspace will be used to display youth and community artwork, host programming events, as well as operate as […]

$8.9 Million Investment To Transform Vacant 44,000 Square-Foot Office Building To Mixed-Use Multifamily Residential

June 16, 2022 – 4:04 pm

Redevelopment of underutilized office building neighboring downtown, into market-rate apartments and commercial retail space View Press Release A mixed-use development project located at the corner of Swan and State streets, 90 South Swan Street, will convert and activate vacant office space, create 61 multifamily apartment units, bring new revenue to local taxing jurisdictions, support at […]

William Street investments add color and light to Downtown pedestrian space

June 16, 2022 – 2:03 pm

Significant investments made to the William Street pedestrian walkway was celebrated today with a ribbon cutting ceremony followed by a grand opening event. Updates to William Street – located one block west of S Pearl Street between Beaver & Howard Streets, and adjacent to the MVP Arena – include new overhead lighting, colorful street furniture, […]

Groundbreaking At 745 Broadway, $22.7 Million Mixed-Use Development Set To Strengthen Neighborhood Connectivity

May 26, 2022 – 2:13 pm

The start of construction was celebrated at 745 Broadway in downtown Thursday. Rosenblum Companies’ new $22+ million mixed-use development will strengthen neighborhood connectivity between downtown, Clinton Square and the warehouse district, while also tripling revenue to local taxing jurisdictions anticipated without the new investment. It was unveiled the building’s name will be Industrie.      […]