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Steel Is Rising At The Site Of The Albany Capital Center

February 16, 2016 – 3:24 pm

The building is finally taking shape and steel is quickly rising above street level at the site of the new $66.5 million Albany Capital Center, set to open in early 2017. Leisure & Hospitality International Magazine has details about the Albany Capital Center in this feature article. You can also see construction updates weekly on the Albany Capital Center’s […]

McLaren Engineering Group Opens Office In Downtown Albany

February 11, 2016 – 12:36 am

McLaren Engineering Group, a full-service engineering firm with eight divisions officially opened their newest office at 5 Clinton Square in downtown Albany’s Patroon Building on Wednesday. The new location will allow the firm to serve its growing roster of public and private sector clients. Capitalize Albany Corporation joined the Capital Region Chamber, the Downtown Albany Business Improvement […]

Now Open: The Steuben Street Market

January 29, 2016 – 12:20 am

On Thursday Capitalize Albany Corporation joined Steuben Street Market co-owner Chris Pratt, City of Albany Mayor Kathy Sheehan, Albany County Executive Daniel P. McCoy, director of the New York State Office of Homes and Community Renewal’s Main Street Grant program Crystal Loffler, president and COO of Omni Development David Swawite, Assemblymember John McDonald and Downtown […]

Crave Is Welcomed To Albany

January 29, 2016 – 12:00 am

Capitalize Albany Corporation joined City of Albany Mayor Kathy Sheehan, the Capital Region Chamber of Commerce, other City leaders and stakeholders for Crave’s official ribbon cutting and grand opening celebration Thursday. Located at 217 Western Ave., Crave specializes in comfort food and frozen yogurt. It’s co-owned by Devin Ziemann and Kaytrin Della Sala. To learn more […]

74 State Is Now Home To New Fairfield Inn & Suites

January 29, 2016 – 12:00 am

Renovations at the boutique 74 State Hotel were unveiled Thursday after undergoing its transformation which began in 2015. Capitalize Albany Corporation joined City of Albany Mayor Kathy Sheehan, other City leaders, stakeholders and the Downtown Albany Business Improvement District to officially welcome the new Fairfield Inn & Suites by Marriott to the City of Albany. […]

Welcome To 2016 In Albany

January 7, 2016 – 7:26 pm

It’s a new year with new opportunities on the horizon in the City of Albany. Capitalize Albany Corporation is looking forward to another year of new investments and building momentum in 2016. In review of 2015, Capitalize Albany would like to share some of the highlights from an extraordinary year of investment in the City of Albany. Click Here To […]

REDC Initiative Round V Awards $11.5 Million To Downtown Albany Projects

December 22, 2015 – 8:55 pm

Recognizing this year’s unprecedented investments made, more than $11 million will now directly support the Impact Downtown Albany initiative through several projects, having an incredible impact on our central business and warehouse district’s building momentum. In Round V, Governor Cuomo’s Regional Economic Development Council (REDC) initiative catalyzed $11.5 million worth of investment, funding eight projects that will be taking off in downtown […]

Google Names The City of Albany A 2015 eCity

December 14, 2015 – 7:16 pm

The City of Albany was named one of Google’s 2015 eCity award winners. On Dec. 14 Google recognized Albany as one of the nation’s top cities for small business ingenuity online and as the digital capital of New York State. Representatives from Google were joined by City of Albany Mayor Kathy Sheehan, Congressman Paul Tonko and members […]

CITY OF ALBANY PROJECTS RECEIVE $21.8 MILLION FROM REGIONAL ECONOMIC DEVELOPMENT COUNCIL INITIATIVE ROUND V

December 10, 2015 – 11:11 pm

The Regional Economic Development Council (REDC) initiative awarded City of Albany projects with approximately $21.8 million ($21,841,067) in funding Thursday. Overall, the Capital Region was awarded a total of $98.1 million in funding for 114 projects. Of these 114 projects, 24 directly benefit activities within the City of Albany and will catalyze strategic initiatives and […]

Opportunities Brewing In The Warehouse District

December 7, 2015 – 5:45 pm

Impact Downtown Albany is catalyzing change in Albany’s warehouse district. As an ever-expanding vision for the district fuels even more anticipated growth, this eclectic district is already home to a unique nightlife destination, a brewing and a distilling cluster. Four establishments on Broadway came together to form the Albany Craft Beverage Trail. Nine Pin Cider, Albany Distilling Co., C.H. Evans Brewing Co, (at the Albany […]