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First Phase Of Transformative $78 Million Downtown Albany Project Under Way

February 22, 2019 – 9:08 pm

The first $21.5 million phase of a transformative $78 million investment in downtown Albany is under way beginning with the renovation of a vacant 112,000 sq. ft. office building, 16 Sheridan Avenue. Announced by Governor Cuomo in December — Redburn Development Partners will invest $78 million to renovate and rehabilitate seven prominent buildings in downtown […]

New Winter Art Festival In Albany On March 2

February 22, 2019 – 8:08 pm

Supported in part by the Amplify Albany grant program, a program made possible by the City of Albany Capital Resource Corporation — Albany Distilling Company and Albany Center Gallery will host their inaugural Winter Art Fest at 75 Livingston Ave, Albany Distilling’s Bar & Bottle Shop on March 2 from 2 p.m. – 7 p.m. With the goal of […]

Seven New Apartments To Soon Come Online Above Long Standing Coulson’s

January 29, 2019 – 8:03 pm

With Coulson’s News and Deli on its first floor, the renovation of 420 Broadway is transforming the building’s underutilized upper floors into seven one-bedroom market-rate apartments planned to come online this spring.  The project is made possible in part by a grant from New York State Homes and Community Renewal’s (HCR) New York Main Street […]

80 Central Avenue Investment To Support Three Impactful Non-Profits Serving The Capital Region

January 17, 2019 – 7:27 pm

In #Albany, with support from many, 80 Central Avenue is transformed and now the new home and shared space for three non-profits doing incredible work in the greater Capital Region – Northeastern Association of The Blind at Albany, @GirlsIncGCR, LifePath: https://t.co/pzlZD6Bd5f pic.twitter.com/WnrYOYykgO — ᴄᴀᴘɪᴛᴀʟɪᴢᴇ ᴀʟʙᴀɴʏ (@CapAlbanyCorp) January 17, 2019 On Thursday, Girls Inc. of the […]

Extensive $48 Million Rehabilitation Project Under Way In Arbor Hill Neighborhood

January 14, 2019 – 5:17 pm

Construction is under way, more than 200 affordable housing and mixed-income residential units are taking shape within 70 row houses as part of Home Leasing’s $47.8 million project in the Arbor Hill neighborhood and along Clinton Avenue and Ten Broeck Triangle. Each building is undergoing a gut rehab, Home Leasing is completing approximately three buildings […]

Site Work Has Begun, 9W Project To Bring New Development, Streetscape Improvements

December 28, 2018 – 5:48 pm

Mt. Hope Commons site work started in November, the new $10 million project at 351 Southern Boulevard is under way. This investment is expected to create 60 jobs (30 construction and 30 permanent) and provide new neighborhood amenities. A project made possible with support from the City of Albany Industrial Development Agency, portions of this project will […]

TRANSFORMATIVE $78 MILLION INVESTMENT ANNOUNCED BY GOVERNOR CUOMO TO TRANSFORM SEVEN PROPERTIES IN THE HEART OF DOWNTOWN ALBANY

December 14, 2018 – 7:51 pm

Located in the City of Albany’s DRI zone, further maximizing the New York State initiative’s impact — with support from Governor Cuomo and Empire State Development, Redburn Development Partners is making a substantial $78 million investment to renovate and rehabilitate seven downtown buildings, a key investment as part of the Impact Downtown Albany strategic plan’s implementation. Poised for […]

Expanded Fort Orange Holiday Market Returns for 2018 Season

November 30, 2018 – 5:46 pm

The Fort Orange General Store’s Holiday Market is returning for the 2018 season. Supported by the Amplify Albany Grant Program and with momentum gained after the Store’s inaugural Holiday Market in 2017, the scope of this year’s Holiday Market has expanded. The Market will feature a significant number of new vendors totaling more than 30 […]

Building For Tomorrow 2018

November 28, 2018 – 10:19 pm

Joined by its investors, hundreds of community leaders and stakeholders, Capitalize Albany Corporation hosted its annual event, Building For Tomorrow 2018 on Nov. 27 at Fort Orange Brewing (450 N. Pearl), celebrating an extraordinary year of building momentum in the Capital City. In review of 2018, Capitalize Albany presented on an unprecedented year of investment and […]

$51.6 Million Sandidge Way Investment To Boost Revenue Generated More Than Four Times For Local Taxing Jurisdictions

November 15, 2018 – 9:47 pm

Click here to view the announcement’s press release An assemblage of property at the intersection of Sandidge Way (formerly Loughlin Street) and Fuller Road totaling 6.49 acres will be the site for construction of seven residential apartment buildings including a total of 252 apartment units. With this investment — the property will produce 4.47 times […]