News

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 […]

RFP | Clinton Market Collective

January 31, 2020 – 5:50 pm

Click Here To Download This RFP Document 11 Clinton Ave. Survey, 2015  Frequently Asked Questions, updated on Feb. 26, 2020 RFP Webinar Presentation, Feb. 13, 2020 Capitalize Albany Corporation is looking for the most innovative, creative professional engineering and design teams that not only think outside the box, but will leave that box behind without […]

Innovation Of Skyway Recognized By American Council of Engineering Companies

January 29, 2020 – 5:01 pm

With support from Governor Andrew Cuomo’s Regional Economic Development Councils initiative, Capitalize Albany Corporation completed a 2018 Skyway feasibility study and the project’s preliminary design. This study and the Skyway’s design, guided by public input and conducted by the design firm Stantec, has prepared the Impact Downtown Albany-informed Skyway project to advance. The Corporation-led REDC Round […]

Discover Albany and Albany Center Gallery Highlight The Downtown Albany Visual Experience In 2020 Visitors Guide

January 17, 2020 – 10:21 am

Recognizing downtown Albany as a destination, Discover Albany, in collaboration with the Albany Center Gallery, last week revealed the new cover design for the 2020 Discover Albany Visitors Guide. The cover and companion map were both illustrated by artist Cara Hanley and feature downtown as part of the guide’s “Artful Albany” theme. The @Discoveralbany 2020 Visitors Guide artist illustrations […]

New Mixed-Use Development at 563 New Scotland Avenue to More Than Triple Revenue Generated for Local Taxing Jurisdictions

January 16, 2020 – 3:34 pm

Click here to view the announcement’s press release The New Scotland Village project will bring 188 market-rate rental units and approximately 15,000-square feet of retail/commercial space to a neighborhood commercial corridor. Made possible with support from the City of Albany Industrial Development Agency (IDA), developer Jankow Companies’ New Scotland Village is projected to generate more […]

Opening Of The Knick In Downtown Albany

December 12, 2019 – 2:21 pm

The formerly vacant building at 16 Sheridan Avenue in downtown, which was once home to The Knickerbocker News, has been transformed into “The Knick.” This exciting project features more than 130 apartments, and occupancy is already approaching 75 percent. On the building’s 3,500 sq. ft. first floor, construction is underway and what will soon be home […]