News

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 […]

ACES And Community Loan Fund Break Ground On New ACES Incubator Expansion

April 27, 2023 – 3:22 pm

At 255 Orange Street today, the Community Loan Fund officially broke ground on its Albany Center For Economic Success (ACES) Incubator Expansion Project. This state-of-the-art facility will feature co-working space for eight, a designated training and technical assistance room for clients of the Community Loan Fund, as well as a drop-in daycare center for visitors […]

Capitalize Albany Breaks Ground On Clinton Market Collective Construction

April 25, 2023 – 10:31 am

Clinton Square DRI Project to Reimagine Key City Gateway, Strengthen Neighborhood Connectivity, and Create Proving Ground for Pop Up Businesses, Events and Programming View Press Release: Announcement By Governor Kathy Hochul Capitalize Albany Corporation and Clinton Market Collective project partners broke ground at 11 Clinton Ave. today marking the start of Clinton Market Collective’s construction. […]

Ribbon Cutting Put On Hold By Pandemic, El Rey Mexitalia Today Celebrated Two Years In Business

April 24, 2023 – 10:22 am

After  being open for just over two years, starting up during the middle of the pandemic, the three co-owners today celebrated the restaurant’s opening, and now its planned growth in the future with the community. An overdue ribbon cutting ceremony and official grand opening event was held at 11 a.m. to celebrate the restaurant’s 2nd […]

Construction Started On New Corporate Circle Warehouse and Distribution Facility

April 21, 2023 – 10:12 am

75,000 Sq. Ft. Warehouse and Distribution Facility To Be Constructed Supporting More Than 70 Construction and Permanent Jobs A 75,000 sq. ft. warehouse building will be constructed at 38-42 Corporate Circle off New Karner Road. It’s planned to be leased to entertainment and pop-culture merchandise retailer FYE serving as a manufacturing and distribution facility. Project […]

Clinton Market Collective Construction Getting Underway

March 23, 2023 – 9:41 am

Clinton Square DRI Clinton Market Collective Project to Reimagine Key City Gateway, Strengthen Neighborhood Connectivity, and Create Proving Ground for Pop Up Businesses, Events and Programming Clinton Market Collective construction is starting, preliminary site work is getting underway and fencing will soon be constructed around the site’s perimeter.   Directly across from the new Skyway, the […]

$11.2 Million Investment To Bring Additional New Warehouse Space Online In Albany

March 16, 2023 – 2:35 pm

Press release available here. 75,000 Sq. Ft. Warehouse and Distribution Facility To Be Constructed Supporting More Than 70 Construction and Permanent Jobs A 75,000 sq. ft. warehouse building will be constructed at 38-42 Corporate Circle off New Karner Road. It’s planned to be leased to entertainment and pop-culture merchandise retailer FYE serving as a manufacturing […]

#AlbanyIsAllBiz For El Rey Mexitalia, Celebrating Two Years In Business

March 16, 2023 – 11:36 am

After more than a decade of honing their skills and building their savings, friends Jesus Vazquez, Francisco Hernandez and Armando Hernandez decided to pursue a concept they had been dreaming up and opened their Mexican-Italian restaurant January 25, 2021 — El Rey Mexitalia. “When we first opened, each of us were putting in about seventy […]