Impact Downtown Albany

Mixed-Use Apartments Project At 40-48 South Pearl Street Ready To Begin

May 22, 2015 – 2:42 pm

On Thursday, the Albany Industrial Development Agency board approved an application to provide financial assistance for a redevelopment project at 40-48 South Pearl Street in downtown Albany. With the SEQR process already completed, the shovel ready $2.5 million project has made it through the development pipeline and developers Chris Maddalone and Seth Meltzer of Maddalone […]

AEON NEXUS Takes Space at 138 State Street On Wellington Row

May 18, 2015 – 7:32 pm

Rich Rosen at Columbia Development talks stunning transformation at #138state with Aeon Nexus pic.twitter.com/hYBN0f3iTS — ᴄᴀᴘɪᴛᴀʟɪᴢᴇ ᴀʟʙᴀɴʏ (@CapAlbanyCorp) May 15, 2015 Historic Wellington Row’s newest tenant, AEON NEXUS Corporation, an IT consulting practice officially opened its new headquarters at 138 State Street in downtown Albany on Friday. The approximately 8,000-square-foot building at 138 State Street was […]

Capitalize Albany Corporation Approves New Financing For Mixed-Use Apartments at 40-48 South Pearl in Downtown

April 29, 2015 – 9:45 pm

On Tuesday Capitalize Albany Corporation board members approved a $275,000 loan to assist with the $2.5 million redevelopment of 40-48 South Pearl Street as part of the Corporation’s Real Estate Loan Program. Chris Maddalone and Seth Meltzer of Maddalone & Associates plan to transform the 24,000 sq. ft. property, mostly vacant since 2011, into 16 […]

Join Us for an Impact Downtown Open House

October 25, 2014 – 8:19 pm

Please JOIN US for an Impact Downtown Open House with our consultant team on October 28th from 12pm – 1pm in the City Hall Rotunda.  The summer months have been spent analyzing market data and digesting key stakeholder input.   The team will  be present to discuss the vision for the future and findings from the […]

Impact Downtown presents Pop-Place at Tricentennial Park, September 13th through September 23rd

September 4, 2014 – 8:53 pm

< FEATURING: POP-UP SHOPS > Where: Tricentennial Park (Broadway Ave at Columbia St) When: September 13th through September 23rd Times: Most shops are open daily, 11a – 7p.  Some are limited features; see the full schedule for days and times. What: Impact Downtown’s pop-up shops activate vacant storefronts and public spaces to help support entrepreneurs […]

UNDER CONSTRUCTION: Tech Valley High School

June 19, 2014 – 6:59 pm

Construction of a new 25,000 SF academic facility providing students with state-of-the-art classroom space. Through a strong emphasis on science, technology and math, students will be provided with the skills necessary to be successful in tomorrow’s workforce. This project furthers the relationship between the State of New York, the College of Nanoscale Science and Engineering […]

PORT OF ALBANY SEEKING PROPOSALS FOR THE CORNING PRESERVE VISITORS CENTER ON THE HUDSON RIVER IN DOWNTOWN ALBANY

May 28, 2014 – 6:21 pm

The Port of Albany has issued a Request For Proposals (RFP) for the Corning Preserve Visitors Center Building located along the Hudson River in downtown Albany. The Port of Albany is seeking a dynamic user that will provide a public benefit to the thousands of patrons that regularly utilize the amphitheater and Corning Preserve recreational […]

UNDER CONSTRUCTION: Sheridan Hollow Village

May 19, 2014 – 6:54 pm

Sheridan Hollow Village is a scatter site project in the Sheridan Hollow neighborhood that will include the construction of 17 buildings into mixed-use retail/affordable residential space. 57 units of quality affordable housing Approx. 7300 SF of commercial space The Sheridan Hollow Village is part of a comprehensive neighborhood revitalization strategy in the Sheridan Hollow neighborhood […]

State of Downtown Albany Meeting Wraps up with Final Meeting on Retail

May 9, 2014 – 6:22 pm

Capitalize Albany Corporation, alongside their team of world-class consultants, presented the existing conditions analysis for Downtown Albany’s retail market on Thursday, May 8th at the Hilton Albany. The meeting was the third and final installment of the State of Downtown Albany Market Series, which is part of the Impact Downtown Albany initiative. Presenting was Mayor […]

Second State of Downtown Albany Meeting Continues with meeting on Office Market and Growing the Technology Sector

April 25, 2014 – 3:16 pm

Capitalize Albany Corporation, alongside their team of expert consultants, presented the existing conditions analysis for Downtown Albany’s office market on Thursday, April 24th at 20 Park Street. The meeting was the second of the State of Downtown Albany Market Series, which is part of the Impact Downtown Albany initiative. Presenting at the event was Ben […]