News

City of Albany Projects Receive $10.3 Million from Regional Economic Development Council (REDC) Initiative Round VII

December 13, 2017 – 10:25 pm

The New York State Regional Economic Development Council (REDC) initiative awarded City of Albany projects with approximately $10.3 million ($10,313,807) in funding Wednesday. Overall, the Capital Region—a top performer—was awarded a total of $85 million in funding for 110 projects. Of these 110 projects, 16 directly benefit activities within the City of Albany and will […]

Capitalize Albany and Convention Center Authority Collaboration Moves Forward Toward Redevelopment Success at Liberty Park

December 13, 2017 – 7:58 pm

A Purchase and Sale Agreement was approved this week by both the Capitalize Albany Corporation and Albany Convention Center Authority (ACCA) Boards for transfer of property interests in the roughly five acre ACCA surplus property surrounding Liberty Park in downtown Albany. This decision follows a collaborative and intensive due diligence period during which Capitalize Albany […]

Capitalize Albany Issues Request For Proposals Regarding Design and Engineering Of Albany Skyway Project

December 8, 2017 – 6:30 pm

Read The Announcement Press Release Here With support from Governor Cuomo’s Regional Economic Development Council initiative and New York State, Capitalize Albany Corporation issued a request for proposals to kick off the Albany Skyway project. The Corporation is seeking respondents to complete initial design and engineering of a linear park on an underutilized off-ramp of […]

Local Vendors, Makers And Holiday Cheer Displayed At The Downtown Albany Arcade

December 4, 2017 – 12:01 am

The Fort Orange General Store kicked off its four-week Holiday Market in downtown Albany’s Arcade Building Thursday. Going forward, each Friday evening and ending the evening of December 22, the Holiday Market will feature 20 vendors (rotating each week) selling locally made and sourced goods, live entertainment, art exhibits, restaurant promotions, and drop-in workshops at the Fort […]

New Dog Park To Serve As Neighborhood Attraction As Downtown Residential Growth Continues

November 29, 2017 – 8:57 pm

The gates of the Olde English Downtown Dog Park are now officially open in Albany. The park serves as a significant neighborhood amenity as downtown’s residential base continues to grow, with 50 percent of its residential properties now welcoming pets. More than 650 downtown residential units have been completed or are currently under construction. This […]

A Local ‘Clicks To Bricks’ Story: Crazy 4 Green Diecast Replicas Opens Downtown Albany Store

November 20, 2017 – 5:26 pm

A local ‘clicks to bricks’ story in downtown #Albany. Crazy 4 Green Diecast Replicas is now a part of Steuben Alley. https://t.co/Giy4Q1H6hK #ImpactDowntown pic.twitter.com/BkYdVfMJlZ — Capitalize Albany (@CapAlbanyCorp) November 20, 2017 Crazy 4 Green Diecast Replicas, a specialty retail destination selling auto and machinery models was welcomed to downtown Albany on Wednesday, November 15 at […]

World-Class Special Effects Company Locates Downtown Under START-UP NY Partnership 

November 20, 2017 – 2:12 pm

.@Branch_VFX, a “tier one” special effects company locates downtown under new Start-Up NY partnership @ualbany https://t.co/O2Nz7LvgS1 #ImpactDowntown — Capitalize Albany (@CapAlbanyCorp) November 20, 2017 The University at Albany announced the latest company to join UAlbany’s expanding START-UP NY portfolio—Branch VFX. A boutique special effects firm with New York City and LA offices, Branch VFX is a […]

New Holiday Market Announced For Downtown Albany

November 17, 2017 – 7:45 pm

The Fort Orange General Store will celebrate its inaugural holiday season with a Holiday Market in downtown Albany’s Arcade Building and the Fort Orange General Store. The market will feature 20 vendors (rotating each week) selling locally made and sourced goods, live entertainment, art exhibits, restaurant promotions, and drop-in workshops at the Fort Orange General […]

Building For Tomorrow 2017

November 16, 2017 – 3:51 pm

Joined by its investors, hundreds of community leaders and stakeholders, Capitalize Albany Corporation hosted its annual event, Building For Tomorrow 2017 on Nov. 14 at Berkshire Bank’s 30 South Pearl Street office penthouse, celebrating an extraordinary year of building momentum in the Capital City. In review of 2017, Capitalize Albany presented on an unprecedented year of […]

Fort Orange Brewing Joins Dynamic Cluster Of Albany Craft Beverage Producers

October 27, 2017 – 7:34 pm

  Joining the #Albany warehouse district’s dynamic cluster of craft beverage producers—@ninepincider, @AlbDistCo, @DruthersBrewing, @AlbPumpStation—welcome @FortOrangeBrew. Celebrating its opening this evening. pic.twitter.com/tXT8RRfurP — Capitalize Albany (@CapAlbanyCorp) October 25, 2017 Joining the Albany warehouse district’s dynamic cluster of craft beverage producers, Fort Orange Brewing is now open at 450 North Pearl Street. It’s located within just […]