Featured Topics

Employment Opportunity: Program Assistant

August 18, 2023 – 11:29 am

Capitalize Albany Corporation is seeking a highly-motivated and organized candidate for Program Assistant. The Corporation, a non-profit and local public authority charged with economic development in the Capital City, operates in a fast-paced, dynamic environment, and has broad and lasting positive impact on the City and Region. An integral responsibility of the position is to […]

Fidens Brewing Opens First Taproom In Albany, Welcomed To The Warehouse District

August 4, 2023 – 4:43 pm

Fidens Brewing today opened its new, and first, 11,000 sq. ft. taproom located in Albany’s warehouse district at 897 Broadway, restaurant space which is next to Wolff’s Biergarten and across from The Copper Crow.             View this post on Instagram                     […]

$8.1 Million Investment To Convert and Expand Vacant Downtown Office Building Into Mixed-Use Multifamily Residential

August 1, 2023 – 9:15 am

View Press Release Jankow Companies will soon begin construction on its first downtown Albany multifamily residential project. Two additional floors will be added to the vacant 21,000 sq. ft. three-story office building located at 48 North Pearl St. transforming the property into five stories featuring 20 apartment units and 14,000 sq. ft. of retail space. […]

New Warehouse District Headquarters Opens For Albany Running Exchange, ARE Event Productions

July 19, 2023 – 12:29 pm

Today, ARE Event Productions and its Albany Running Exchange held a ribbon cutting ceremony including a “Break The Tape 5K Run,” celebrating its new headquarters location at 1028 Broadway in Albany’s warehouse district. ARE’s move to its new headquarters comes following an extensive $1 million renovation made possible through the City of Albany’s American Rescue […]

Thirty-Seven City of Albany Small Businesses and Nonprofits Receive more than $600,000 in Building Improvement Grants

June 27, 2023 – 3:43 pm

Through City of Albany American Rescue Plan Act Efforts, Capitalize Albany Awards Flexible, Reimbursement Grants for Investments that Support Ongoing Post-Covid Recovery Efforts View Press Release, Project Awards Information Here Following a highly competitive and thorough application and review process, $635,000 in Small Business Building Improvement Grant Program (BIG) awards were announced today, 11 a.m. […]

New Capital Walls Mural at The Yard in Albany Highlights Local Botany Native to the Capital Region

June 23, 2023 – 10:20 am

Downtown’s public art has just grown by more than 277-square-feet with the new addition of Capital Walls’ 20th mural by artist Juliana Haliti. It’s located on the main wall of The Yard Hatchet House & Bar between Chapel St and Sheridan Ave, the mural was funded by Leyla Kiosse, President of The Yard Hatchet House […]

518 Black Restaurant Week in Albany The Week of Juneteenth

June 16, 2023 – 2:52 pm

Declared by the Albany Common Council, 518 Black Restaurant Week is going to be getting underway in Albany the week of June 19, featuring a number of City of Albany restaurants. Made possible in part with support from Capitalize Albany’s Amplify Albany grant program – it’s part of a nationwide invitation to support Black-owned restaurants […]

Update: Local CFA Webinar, Workshops | REDC Initiative Round XIII CFA Process 

June 1, 2023 – 9:38 am

Join Empire State Development and Capitalize Albany Corporation for an upcoming CFA Workshop to learn more about available resources and the application process. Please register at the links below: June 6, 2023 at 2:00PM (virtual) June 20, 2023 at 2:00PM at Albany Public Library, Arbor Hill/West Hill Branch – Large Meeting Room June 22, 2023 […]

Preparing 100 Acres At The Port of Albany For First U.S. Offshore Wind Manufacturing Facility

May 12, 2023 – 4:06 pm

Incredible progress is taking shape at the Port of Albany’s expansion site — preparing 100 acres for the first offshore wind tower manufacturing facility in the U.S.   The Capitalize Albany team joined Port officials, Albany Mayor Kathy Sheehan and members of the City of Albany’s Neighborhood Community Services team, for a tour of the APDC […]

First Capital Walls Mural of 2023 In Progress

May 12, 2023 – 11:37 am

New Capital Walls Mural Highlights Local Botany Native to the Capital Region  Downtown’s public art is in the works to grow by more than 277-square-feet with the planned addition of a Capital Walls mural by artist Juliana Haliti. Located on the main wall of The Yard Hatchet House & Bar between Chapel St and Sheridan […]