News

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 […]

Small Business Building Improvement Grants Now Available as New Program Application Process Opens

January 11, 2023 – 11:58 am

City of Albany and Capitalize Albany Launch New Program With Flexible, Reimbursement Grants To Support Ongoing Post-Covid Recovery Efforts Full Program Details: www.CapitalizeAlbany.com/Grants View this post on Instagram A post shared by Capitalize Albany Corporation (@capalbanycorp) […]

South End Grocery Now Open

December 27, 2022 – 11:11 am

The South End Grocery is Located at 106 South Pearl Street The South End Grocery Coalition led by BlueLight Development Group and The African American Cultural Center of the Capital Region invited the Capital Region community to the grand opening of The South End Grocery on Tuesday. The opening marked one year after successfully purchasing […]

Central Warehouse Redevelopment Awarded $9.75 Million Through First Round Of The Restore New York Communities Initiative

December 20, 2022 – 3:56 pm

View this post on Instagram A post shared by Capitalize Albany Corporation (@capalbanycorp) Governor Kathy Hochul Announced Today Albany’s $9.75 Million Special Project Award View Announcement Press Release Led through a partnership between development team Redburn Development […]

#AlbanyIsAllBiz For Far Shot Recreation

December 15, 2022 – 4:06 pm

Benn MacDonald is an unabashed downtown Albany booster. “I love the skyline; I love The Egg; I love everything about it,” the president of Far Shot Recreation, which operates a series of axe and knife throwing and archery facilities in the Northeast- including one that opened at 69 N. Pearl St. in 2019. MacDonald, who […]

#DowntownWorks For Far Shot Recreation

December 15, 2022 – 3:28 pm

Guidelines Available Now For New Small Business Building Improvement Grant Program, Launches In January

December 14, 2022 – 1:15 pm

Up To $750,000 In Reimbursable Building Improvement Grants To Support Ongoing Post-Covid Recovery Efforts Will Be Available; Applications Open Starting Early January Program guidelines for Capitalize Albany’s new Small Business Building Improvement Grant (BIG) Program are available to review in advance of opening the program to applicants in early January. Click Here To View Program […]

#DowntownWorks For O’Connell & Aronowitz

December 8, 2022 – 3:06 pm

O’Connell & Aronowitz, one of the Capital Region’s oldest law firms, has deep ties to the City of Albany and a long commitment to its downtown. It opened its doors in 1925 with two founding attorneys from opposite ends of the political spectrum: Edward J. O’Connell, chairman of the Albany Democratic Committee and brother of […]