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#AmplifyAlbany | ALBANY CENTER GALLERY UNVEILS EXPANSION WITH NEW VIBRANT ARTIST SPACE ‘ART.WORK.SPACE.’

August 5, 2022 – 3:26 pm

With support from the Amplify Albany grant program Albany Center Gallery unveiled its new workshop and artist space: Art.Work.Space Friday evening followed by an artist reception event which attracted hundreds to downtown’s central business district. The new workspace will be used to display youth and community artwork, host programming events, as well as operate as […]

New ‘Summer On Central’ Concert Series Is Set To #AmplifyAlbany In August

July 19, 2022 – 11:32 am

The Linda: WAMC’s Performing Arts Studio is hosting live entertainment outside this summer for the  inaugural “Summer on Central” concert series, taking place Saturdays in August in The Linda’s parking lot at 339  Central Avenue. Anticipating attracting hundreds to the series’ events, Central Avenue Business Improvement Disrict and sorrounding neighborhoods, the Amplify Albany grant program […]

#AlbanyIsAllBiz | 200 Lark Street Transformed To Experiential Cocktail Lounge Where “Every Detail Is Curated”

July 7, 2022 – 2:48 pm

Over the past two decades, the basement space at 200 Lark St. has been home to almost half a dozen businesses. But a few things have remained constant – its grotto-like atmosphere and its use as a wine bar, restaurant, or some combination of the two. The latest business to set up shop at 200 […]

Employment Opportunity: Executive Assistant

July 1, 2022 – 10:09 am

About the Position Capitalize Albany Corporation is seeking a highly-motivated and organized candidate for Executive 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 that has broad and lasting positive impact on the City and Region. The successful candidate must be […]

$8.9 Million Investment To Transform Vacant 44,000 Square-Foot Office Building To Mixed-Use Multifamily Residential

June 16, 2022 – 4:04 pm

Redevelopment of underutilized office building neighboring downtown, into market-rate apartments and commercial retail space View Press Release A mixed-use development project located at the corner of Swan and State streets, 90 South Swan Street, will convert and activate vacant office space, create 61 multifamily apartment units, bring new revenue to local taxing jurisdictions, support at […]

William Street investments add color and light to Downtown pedestrian space

June 16, 2022 – 2:03 pm

Significant investments made to the William Street pedestrian walkway was celebrated today with a ribbon cutting ceremony followed by a grand opening event. Updates to William Street – located one block west of S Pearl Street between Beaver & Howard Streets, and adjacent to the MVP Arena – include new overhead lighting, colorful street furniture, […]

Update: 2022 REDC Round XII CFA Process

May 27, 2022 – 11:45 am

Earlier in May Governor Kathy Hochul announced the opening of the Regional Economic Development Councils Round XII consolidated funding application (CFA) process. The application portal is now open and Capitalize Albany staff is available to assist applicants located within the City of Albany. Corporation staff will coordinate requests for letters of support from the Mayor and resolutions from […]

Groundbreaking At 745 Broadway, $22.7 Million Mixed-Use Development Set To Strengthen Neighborhood Connectivity

May 26, 2022 – 2:13 pm

The start of construction was celebrated at 745 Broadway in downtown Thursday. Rosenblum Companies’ new $22+ million mixed-use development will strengthen neighborhood connectivity between downtown, Clinton Square and the warehouse district, while also tripling revenue to local taxing jurisdictions anticipated without the new investment. It was unveiled the building’s name will be Industrie.      […]

Iconic Warehouse At Huck Finn Has A New Name, Commercial Tenants Announced As Part Of $65 Million+ Transformational Warehouse District Redburn Development Project

May 25, 2022 – 2:37 pm

Following completion of its more than $80 million in new downtown investment, Redburn Development Partners is progressing its historic renovations as part of more than $80 million of investment in Albany’s warehouse district. Work is underway at its $17.9 million 413 North Pearl Street major mixed-use redevelopment and $65 million transformation of local landmark, The […]

Travel Inspires Bringing Design-Forward Slow Fashion Back Home at Rom Shop

May 23, 2022 – 9:53 am

East Greenbush natives Allyson and Whitney Smith travel a lot for work. They’ve been on the road for years, handling artist, tour, and merchandise management for a variety of musicians. Being away from home has been exciting and eye-opening, Allyson Smith said, but it also helped solidify the 28-year-old identical twins’ love for the Capital […]