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#BuildingAlb2020: Looking Forward To 2021 With Albany Mayor Kathy Sheehan

December 8, 2020 – 9:15 am

Along with its challenges, there are so many success stories that have taken shape over this year. There is so much opportunity on the horizon—downtown’s trajectory is inspiring, and new investment is strengthening neighborhoods across the City. As part of our #BuildingAlb2020 update, we took a look-ahead with Albany Mayor Kathy Sheehan. Looking Forward To […]

#BuildingAlb2020 Kicks Off Today

December 7, 2020 – 7:53 am

The team at Capitalize Albany Corporation is bringing our annual Building For Tomorrow event to you this year – a week-long digital media event starts today.  At Capitalize Albany, we are taking inventory of 2020 while looking ahead with excitement to what 2021 will bring. In spite of the difficulties we have collectively faced over […]

Back To Business: Historic Albany Foundation

November 30, 2020 – 10:15 am

The coronavirus pandemic has presented unprecedented challenges for every business and organization. But some, through a combination of ingenuity, creativity, adaptability and a little luck, have managed not only to survive, but thrive during this unusual time. That has been the case with the Historic Albany Foundation, which has been advocating for, and educating people […]

Back To Business: Root3d

November 19, 2020 – 10:41 am

Rachelle Pean and Jamel Mosely opened Root3d in the spring of 2019 with the goal of bringing much-needed diversity to the wellness industry and providing members of underserved communities with access to talk therapy, yoga, meditation and other services. When the coronavirus pandemic hit, disproportionately impacting low-income and minority individuals – both physically and financially […]

Immediate Opening | Employment Opportunity: Senior Economic Developer

November 16, 2020 – 12:06 pm

Capitalize Albany Corporation is seeking a highly motivated, professional and experienced candidate for Senior Economic Developer. This is a fast-paced position responsible for managing the administration of business development programs, including the Corporation’s attraction and retention efforts, lending programs and strategic initiatives. The Senior Economic Developer also assists with project development and financing, including assistance with the City of Albany Industrial Development Agency and the Corporation’s real estate transactions.  This position is supervised by and reports to the Director of Economic Development.

Back To Business: Pint Sized

November 10, 2020 – 1:41 pm

Pint Sized is a small business whose owner’s determination to succeed regardless of the challenges posed by the coronavirus epidemic very much belies its name. August Rosa, owner of the craft beer bar and bottle shop with two locations – 250 Lark St., Albany and 489 Broadway, Saratoga Springs –  estimates that he has had […]

Corporation Recognized By International Economic Development Council For Excellence In Economic Development

November 3, 2020 – 4:22 pm

  During its October, 2020 virtual annual conference, the International Economic Development Council (IEDC) recognized Capitalize Albany Corporation’s 2019 annual report, presenting its Gold Excellence in Economic Development award.   IEDC’s Excellence in Economic Development Awards recognize the world’s best economic development programs and partnerships, marketing materials, and the year’s most influential leaders. Its awards honor […]

Back To Business: The Hollow Bar + Kitchen

October 28, 2020 – 9:59 am

When Governor Andrew Cuomo ordered a lockdown of all but essential businesses in mid-March in an effort to slow the spread of the coronavirus, many optimistically assumed the pause would be short – maybe a few weeks at most.  Not Dora Philip. “I had a feeling it was larger than we thought – or thought […]

$72,000 Downtown Revitalization Initiative Award to Capital Walls Mural Project Adds Two New Murals on Columbia Street

October 27, 2020 – 3:39 pm

Governor Cuomo’s Downtown Revitalization Initiative (DRI) is strengthening Albany’s Clinton Square neighborhood. Two new murals were unveiled in downtown Albany this morning — enhancing the gateway to the Capital City’s downtown. They’re located at Redburn Development Partners’ 39 and 45 Columbia Street properties where work is underway as part of its $80 million downtown investment. […]

More Than $500,000 In Grant Awards To Support 60 City Of Albany Small Businesses Impacted By COVID-19 To Reopen and Adapt Operations 

October 22, 2020 – 2:54 pm

Additional Funding Allocated To Accommodate Applicants’ Requests Focusing On Advancing Business Resiliency — Nearly Doubling CDBG-CV Resources To Small Business Adaptation Program   View The Announcement’s Press Release Here   Grant awards totaling $588,646 will support 60 City of Albany small businesses impacted by the ongoing pandemic by providing them financial assistance to cover costs […]