News

Redburn Development Partners’ $80 Million Investment Downtown Progresses

October 17, 2019 – 6:21 pm

View the announcement’s press release $12.3 million will be invested into the transformation of 39 and 45 Columbia Street as part of Redburn Development’s more than $80 million total investment into downtown Albany. The $7 million project at 45 Columbia Street will take what is currently a 78,000 sq. ft. vacant parking garage and create […]

Nov. 13 | Building For Tomorrow 2019

October 10, 2019 – 11:54 am

An annual event, Building For Tomorrow will be hosted this year at one of Albany’s newest investments, The Knick at 16 Sheridan Avenue. A more than $20 million investment, what was a vacant 112,000 sq. ft. office building is being transformed into 132 market-rate apartments and ground floor commercial space which will feature The Yard […]

Semblance Medspa Adding Clinical Skin Care Services, Health And Wellness Support To Neighborhood Amenities

September 27, 2019 – 1:44 pm

Click Here To View The Announcement’s Press Release Officially welcomed to the City of #Albany this morning, Semblance Medspa is the latest example of a diversifying retail and service mix, and we are excited for the investment Dr. Sajid is making in downtown. https://t.co/nIf5J5S3Fu #CapAlbGrants #ImpactDowntown pic.twitter.com/5FJ2URWsu4 — ᴄᴀᴘɪᴛᴀʟɪᴢᴇ ᴀʟʙᴀɴʏ (@CapAlbanyCorp) September 27, 2019 The […]

IMMEDIATE OPENING | EMPLOYMENT OPPORTUNITY: Senior Economic Developer

September 27, 2019 – 10:32 am

Senior Economic Developer Capitalize Albany Corporation – Albany, NY About the Position 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 […]

With Completed Renovations at 90 North Pearl Street ‘The Bishop’ Opens In Downtown Albany

September 19, 2019 – 11:53 am

Click Here To View The Announcement’s Press Release With completed renovations at 90 N. Pearl, downtown #Albany‘s newest restaurant The Bishop, offering a farm to table, bourbon and steak focus, was officially welcomed to the Capital City for its grand opening. https://t.co/CpyGn1DfFg #ImpactDowntown #CaoAlbGrants pic.twitter.com/uRScbTlzKx — ᴄᴀᴘɪᴛᴀʟɪᴢᴇ ᴀʟʙᴀɴʏ (@CapAlbanyCorp) September 19, 2019 The storefront at […]

IMMEDIATE OPENING | EMPLOYMENT OPPORTUNITY: Program Assistant

September 13, 2019 – 4:05 pm

Program Assistant Capitalize Albany Corporation – Albany, NY About the Position Capitalize Albany Corporation is seeking a highly-motivated candidate for Program Assistant. The Corporation operates in a fast-paced, dynamic environment that has broad and lasting positive impact on the City and Region. An integral responsibility of the position is to support the Corporation’s executive staff […]

288 Lark Wine & Tap Now Open On Lark Street

September 6, 2019 – 3:30 pm

The new 288 Lark Wine & Tap was officially welcomed to Lark Street on Wednesday with a ribbon cutting ceremony. The wine bar’s menu focuses on pastas and Mediterranean dishes, and features both wine and whiskey chocolate pairings. Ownership purchased the vacant building at 288 Lark Street in 2017 and recently completed renovations. New doors, […]

New Street Decals Enhance Capital City Trolley Service And Connectivity

August 13, 2019 – 3:01 pm

The Capital District Transportation Authority recently installed new street decals, making it even easier to find its stops and ride the free Capital City Trolley connecting downtown Albany and the Lark Street business district. The Trolley operates Thursday – Saturday from 5 p.m. to 12:30 a.m. Check out the new street decals in Downtown Albany […]

Transformational Projects Announced For Clinton Square As Part Of $10 Million Downtown Revitalization Initiative Award

July 24, 2019 – 8:37 pm

View the announcement’s press release, click here The City of Albany’s Downtown Revitalization Initiative Plan and Award Booklet can be found here Governor Cuomo announced 12 transformational projects for Albany’s Clinton Square neighborhood as part of the $10 million Downtown Revitalization Initiative (DRI) award. The strategic investments in Clinton Square will enhance the neighborhood’s role […]

IMMEDIATE OPENING | EMPLOYMENT OPPORTUNITY: Vice President

July 19, 2019 – 7:35 pm

Capitalize Albany Corporation is searching for a proactive, collaborative and detail-oriented executive who has a track-record of innovative problem-solving and achieving impactful results. Capitalize Albany Corporation has been the designated economic development organization for New York State’s Capital City since it was formed in 1979, providing strategic, real estate and business development services on behalf […]