News

Site Work Has Begun, 9W Project To Bring New Development, Streetscape Improvements

December 28, 2018 – 5:48 pm

Mt. Hope Commons site work started in November, the new $10 million project at 351 Southern Boulevard is under way. This investment is expected to create 60 jobs (30 construction and 30 permanent) and provide new neighborhood amenities. A project made possible with support from the City of Albany Industrial Development Agency, portions of this project will […]

City of Albany Projects Receive $5.9 Million from Regional Economic Development Council (REDC) Initiative Round VIII

December 18, 2018 – 9:53 pm

In meeting @NYGovCuomo and the Regional Council’s challenge this year $67M will support strategic investments throughout the Capital Region — including new investments to take shape in the City of #Albany, having an incredible impact on the Capital City’s building momentum. pic.twitter.com/SqhtJNQIwJ — ᴄᴀᴘɪᴛᴀʟɪᴢᴇ ᴀʟʙᴀɴʏ (@CapAlbanyCorp) December 18, 2018 Click Here To Read The Announcement’s […]

TRANSFORMATIVE $78 MILLION INVESTMENT ANNOUNCED BY GOVERNOR CUOMO TO TRANSFORM SEVEN PROPERTIES IN THE HEART OF DOWNTOWN ALBANY

December 14, 2018 – 7:51 pm

Located in the City of Albany’s DRI zone, further maximizing the New York State initiative’s impact — with support from Governor Cuomo and Empire State Development, Redburn Development Partners is making a substantial $78 million investment to renovate and rehabilitate seven downtown buildings, a key investment as part of the Impact Downtown Albany strategic plan’s implementation. Poised for […]

@HudsonPark Apartments Opening In Early 2019

December 7, 2018 – 8:31 pm

Located between Albany’s Washington Park, Lincoln Park and downtown Albany, the Hudson/Park Neighborhood is known for its location convenience, nearby parks and cultural diversity. As part of an adaptive reuse plan to transform the Long Energy site properties and warehouse building at 160 Myrtle Ave — the Long Energy site in the Hudson/Park Neighborhood will be […]

Expanded Fort Orange Holiday Market Returns for 2018 Season

November 30, 2018 – 5:46 pm

The Fort Orange General Store’s Holiday Market is returning for the 2018 season. Supported by the Amplify Albany Grant Program and with momentum gained after the Store’s inaugural Holiday Market in 2017, the scope of this year’s Holiday Market has expanded. The Market will feature a significant number of new vendors totaling more than 30 […]

Building For Tomorrow 2018

November 28, 2018 – 10:19 pm

Joined by its investors, hundreds of community leaders and stakeholders, Capitalize Albany Corporation hosted its annual event, Building For Tomorrow 2018 on Nov. 27 at Fort Orange Brewing (450 N. Pearl), celebrating an extraordinary year of building momentum in the Capital City. In review of 2018, Capitalize Albany presented on an unprecedented year of investment and […]

$51.6 Million Sandidge Way Investment To Boost Revenue Generated More Than Four Times For Local Taxing Jurisdictions

November 15, 2018 – 9:47 pm

Click here to view the announcement’s press release An assemblage of property at the intersection of Sandidge Way (formerly Loughlin Street) and Fuller Road totaling 6.49 acres will be the site for construction of seven residential apartment buildings including a total of 252 apartment units. With this investment — the property will produce 4.47 times […]

International Downtown Association Awards Downtown Albany Residential Development Strategy

November 7, 2018 – 9:34 pm

Click here to view the announcement’s press release During its 64th Annual Conference and Tradeshow in San Antonio, the International Downtown Association recognized Capitalize Albany Corporation and the Downtown Albany Residential Development Infinitive, awarding the strategic plan a certificate of merit. The City began the Downtown Residential Development Initiative in 2002 with the purpose of […]

Nov. 27 | Building For Tomorrow 2018

November 1, 2018 – 7:08 pm

An annual event, Building For Tomorrow will be hosted this year in Albany’s warehouse district at Fort Orange Brewing — enjoy networking, a look at the new investment taking shape in the City of Albany, and an exciting panel discussion on local and statewide trends developing in the craft beverage industry. Hear from C.H. Evans […]

Amplify Albany | Classics of Science Fiction Film Festival & Lecture Series at The Linda

October 30, 2018 – 8:21 pm

November 1 – 4, the Writing and Critical Inquiry Program (WCI) at the University at Albany, in collaboration with The Linda, WAMC’s Performing Arts Studio, will host “Classics of Science Fiction,” the WCI Film Festival and Lecture Series’ third annual weekend-long educational and creative celebration. In Oct. 2016 and 2017 programming each year attracted hundreds […]