News

Albany Is All Business

February 1, 2022 – 3:26 pm

Stay up to date on our news feed, Albany’s All Business. After two years of challenges – from COVID restrictions to labor shortages and supply chain delays – Albany’s businesses have retooled, reimagined, and reopened. From new enterprises to long-standing old favorites, exciting things are happening all over the Capital City. This series will spotlight […]

Featuring Indian and Chinese Dishes, The Mughal Palace Is Welcomed To Albany

January 26, 2022 – 12:13 pm

A ribbon-cutting ceremony was held to celebrate the opening of The Mughal Palace, a casual Indian cuisine restaurant at 138 Washington Ave. A new addition to #Albany‘s restaurant landscape, The Mughal Palace was welcomed to Albany today. Mughal Palace owner Tahir Mahmood has been engaged in his self-described “passion” for cooking for close to five […]

Capitalize Albany Launches Neighborhood Retail Grant Program and More Than $300,000 to Support Retail, Business Growth In Albany

January 12, 2022 – 12:33 pm

Four Programs In 2022 Aimed at Attracting Retail Tenants, Reinvestment and Façade Rehabilitation, Driving Foot Traffic to Commercial Districts Announcement’s Press Release Available, Here Informational PDF Flier Available Below and Here The City of Albany’s economic development organization Capitalize Albany Corporation announced today the launch of its grant programs available for 2022 including a new […]

Clinton Market Collective Construction Bid Opportunity, Information for Contractors, Trade Experts

January 3, 2022 – 9:57 am

Capitalize Albany Corporation is now seeking bids for construction of its Clinton Market Collective project. TW&A Construction Management, a New York State Women-Owned Business (WBE) is serving as the construction manager for the project. Construction bids for the Clinton Market Collective will be due at 2:00 P.M. on Friday January 21, 2022. Bids received after […]

$65 Million Investment To Transform Iconic Albany Warehouse, Development of Distinctive Mixed-Use Project

December 16, 2021 – 2:13 pm

Redburn Development Will Renovate The Historic Huck Finn’s, Creating 260 Market-Rate Apartments With Indoor & Outdoor Amenities, 48,000 Square Feet Of Commercial Space Announcement’s press release, here Redburn Development Partners is moving forward with a project that will further strengthen the City’s growing warehouse district, transforming a downtown landmark – The Warehouse at Huck Finn […]

Projects In City of Albany Receive $9.3 Million from Regional Economic Development Council (REDC) Initiative Round XI

December 15, 2021 – 11:57 am

The New York State Regional Economic Development Council (REDC) initiative awarded projects announced Tuesday will support new investment and activity in the City of Albany, projects in Albany were awarded $9.3 million ($9,317,100). Overall, the Capital Region was awarded a total of $48.4 million in funding for 79 projects. Of these 79 projects, 12 directly […]

Capitalize Albany Unveils Final Designs for Clinton Market

December 11, 2021 – 10:43 am

Immersive Views Provide Sneak Peek at Reimagined ‘Federal Park’ for 2022 Construction to Strengthen Neighborhood Connectivity and Create A More Retail, Pop-Up, and Event-Friendly Space Announcement’s press release available, here. As part of its display at 11 Clinton Ave. Capitalize Albany Corporation unveiled final designs for its Clinton Market Collective project based on feedback from […]

Introducing #1GreatThingALB

December 10, 2021 – 11:46 am

It goes without saying that we here at Capitalize Albany (@CapAlbanyCorp) are big fans of this city and all it has to offer. The future of Albany is bright and full of opportunity. So many amazing things are happening here, but not all of them get the attention they need and deserve. Each of us experiences […]

#BuildingAlb2021: Five Questions With Home Leasing CEO Bret Garwood

December 9, 2021 – 9:12 am

Q: What attracted Home Leasing to Albany?  A: We have a history of doing a lot of work in Rochester and as a company we wanted to expand, and Albany was really interesting. One of the things we like to focus on is real community-based projects that won’t just create affordable housing but accomplish more […]

Park South Neighborhood Welcomes Morris Place Apartments

November 22, 2021 – 2:13 pm

$5.3 Million Project Completion Marks Distinct Milestone For Neighborhood’s Ongoing Transformation, Revitalization View announcement’s press release here.  The Park South Neighborhood crossed another critical milestone welcoming Morris Place Apartments, a new 28-unit, five-story multifamily apartment building at 105 Morris St. — a key component of the area’s successful Urban Renewal Plan implementation: https://t.co/eAioDtio6b pic.twitter.com/Zs18DQxDM2 — […]