News

11 Clinton Avenue Redesign Effort Kicks Off August 10

July 30, 2020 – 4:37 pm

Learn more at www.ClintonMarketAlbany.com. Capitalize Albany is kicking off “Clinton Market Collective,” a project that will ultimately result in the renovation of the underutilized 0.38-acre parcel at 11 Clinton Avenue (also known as Federal Park) situated between the historic Palace Theatre and the landing of the Skyway project at Broadway in downtown Albany.    Made […]

More Than $130,000 In Emergency Grants Awarded To Albany Small Business Owners

July 23, 2020 – 12:41 pm

Announcement’s Press Release Direct-reimbursement grants of up to $10,000 have been awarded to City of Albany small businesses that are working hard to recover from ongoing economic challenges and setbacks. More than 30 businesses have been supported under this effort. As part of an emergency response using the City of Albany Small Business Façade Improvement […]

City of Albany IDA/CRC Board: Call For Applications

July 17, 2020 – 9:09 am

The City of Albany Common Council is seeking applications from qualified residents of the City of Albany for the available City of Albany Industrial Development Agency (IDA) & Capital Resource Corporation (CRC) Board Member position.   Members of the IDA & CRC must be residents of the City of Albany and whenever possible should have […]

Introducing Our Newest Team Members

June 18, 2020 – 1:37 pm

Capitalize Albany is continuing to play its role in helping to support the city’s economic-recovery through the SupportsmAlbany initiative, and programs providing assistance to local businesses as they work to reopen and re-establish their operations. The Corporation is moving forward with an ambitious agenda for 2020, ramping up a number of complex projects and has brought dynamic new talent on board […]

Emergency Funding Round To Close June 30 For Grants To Support City of Albany Small Businesses

June 15, 2020 – 11:56 am

In response to recent damage done to numerous City businesses, applications were made available at the beginning of June as part of an emergency response using the City of Albany Small Business Facade Improvement, and Retail Grant programs administered by Capitalize Albany Corporation. Application fees and investment match requirements are being waived to ensure there […]

Emergency Round of Grants Announced To Support City Of Albany Small Business Owners

June 1, 2020 – 4:49 pm

Grants To Support Businesses That Sustained Damage Over The Weekend With Prioritization of Minority Or Women-Owned Businesses View This Announcement’s Press Release Here In response to the damage done to numerous City businesses, applications will be made available as part of an emergency response using the City of Albany Small Business Façade Improvement and Retail […]

#EDW2020 | Economic Development Week

May 4, 2020 – 10:49 am

In observance of Economic Development Week, Capitalize Albany is joining the conversation online with other professionals and communities across the country. The Capitalize Albany team is working to support our community during this unprecedented public health crisis and also prepare for its strong emergence on the other side. Economic developers everywhere are working to build sustainable communities and prepare for […]

Support smAlbany | New Resource To Support Albany Businesses In A Fast-Changing Environment Amid COVID-19 Crisis

March 20, 2020 – 3:31 pm

www.SupportsmAlbany.com   In recognition of the significant impact the novel coronavirus (COVID-19) has had – and will continue to have for the foreseeable future – on the local and national economy, a consortium of organizations has joined together to provide a clearinghouse of information and resources to support businesses at this difficult time.This website is […]

Winter Art Fest Block Party Celebrates Growing Arts Connection In Clinton Square Neighborhood

February 25, 2020 – 1:54 pm

Hundreds attended this exciting annual event for the second year in a row. Supported in part by the Amplify Albany Grant Program, the Albany Distilling and Albany Center Gallery Winter Art Fest returned with expanded programming supporting the Clinton Square DRI zone and strengthening its connection to downtown’s central business district, the warehouse district and surrounding neighborhoods. […]

Making Progress on a $48 Million Project in Arbor Hill 

February 10, 2020 – 12:06 pm

Looking ahead to spring, Home Leasing has passed the halfway mark in its construction of more than 200 affordable housing and mixed-income residential units within 70 row houses in the Arbor Hill neighborhood and along Clinton Avenue and Ten Broeck Triangle. To date, 27 buildings have been completed. Restoration work is continuing, and more than […]