News

Welcome To 2016 In Albany

January 7, 2016 – 7:26 pm

It’s a new year with new opportunities on the horizon in the City of Albany. Capitalize Albany Corporation is looking forward to another year of new investments and building momentum in 2016. In review of 2015, Capitalize Albany would like to share some of the highlights from an extraordinary year of investment in the City of Albany. Click Here To […]

REDC Initiative Round V Awards $11.5 Million To Downtown Albany Projects

December 22, 2015 – 8:55 pm

Recognizing this year’s unprecedented investments made, more than $11 million will now directly support the Impact Downtown Albany initiative through several projects, having an incredible impact on our central business and warehouse district’s building momentum. In Round V, Governor Cuomo’s Regional Economic Development Council (REDC) initiative catalyzed $11.5 million worth of investment, funding eight projects that will be taking off in downtown […]

Google Names The City of Albany A 2015 eCity

December 14, 2015 – 7:16 pm

The City of Albany was named one of Google’s 2015 eCity award winners. On Dec. 14 Google recognized Albany as one of the nation’s top cities for small business ingenuity online and as the digital capital of New York State. Representatives from Google were joined by City of Albany Mayor Kathy Sheehan, Congressman Paul Tonko and members […]

CITY OF ALBANY PROJECTS RECEIVE $21.8 MILLION FROM REGIONAL ECONOMIC DEVELOPMENT COUNCIL INITIATIVE ROUND V

December 10, 2015 – 11:11 pm

The Regional Economic Development Council (REDC) initiative awarded City of Albany projects with approximately $21.8 million ($21,841,067) in funding Thursday. Overall, the Capital Region was awarded a total of $98.1 million in funding for 114 projects. Of these 114 projects, 24 directly benefit activities within the City of Albany and will catalyze strategic initiatives and […]

Capitalize Albany Joins The Conversation on Talk of the Town With Albany Mayor Kathy M. Sheehan | WROW Magic 590-AM

November 18, 2015 – 4:05 pm

On Friday Nov. 13, Capitalize Albany Corporation president Sarah Reginelli joined City of Albany Mayor Kathy M. Sheehan on WROW Magic 590-AM’s Talk of the Town discussing citywide economic development initiatives‬, Impact Downtown Albany and the City of Albany’s building momentum. You can listen to that broadcast below. Are you interested in hearing about more of what’s […]

The Capitalize Albany 2015 Annual Meeting & Event: Building For Tomorrow

November 12, 2015 – 9:23 pm

Joined by its investors, hundreds of community leaders and stakeholders, Capitalize Albany Corporation hosted its 2015 annual meeting & event Building For Tomorrow on Nov. 10, 2015 at the Renaissance Albany celebrating an extraordinary year of building momentum in the Capital City. In review of 2015, Capitalize Albany presented on an unprecedented year of investment and […]

Unveiling of The Lofts at 733 Broadway

November 5, 2015 – 5:22 pm

The City of Albany, Norstar Development, Capitalize Albany Corporation, the City of Albany Industrial Development Agency, and Downtown Albany Business Improvement District (BID) held a grand opening of The Lofts at 733 Broadway on November 5. Albany Mayor Kathy M. Sheehan and Lori Harris, vice president of Norstar Development were joined by City of Albany […]

Ama Cocina Officially Opens In Downtown: 4-6 Sheridan Avenue Commercial Space Filled

November 2, 2015 – 10:31 pm

On November 2, BM&T Restaurant Group (BM&T) owners Brian Viglucci, Michael Viglucci Jr., Tony Lounello and Ama Cocina general manager Jessica Evans were joined by Albany Mayor Kathy Sheehan, Sarah Reginelli, Capitalize Albany Corporation president and CEO of the City of Albany Industrial Development Agency, and Downtown Albany BID executive director Georgette Steffens in officially […]

Steuben Place Apartments Unveiled

October 26, 2015 – 6:19 pm

The City of Albany, Omni Development Company, Inc. (Omni), Capitalize Albany Corporation, the City of Albany Industrial Development Agency, and Downtown Albany Business Improvement District (BID) held a grand opening of the Steuben Place Apartments, located at 40 Steuben Place (58 N Pearl Street), on Monday, October 26, 2015 at 10:30 AM. Albany Mayor Kathy […]

Cornell University Urban & Regional Studies Students Visit Capitalize Albany

October 23, 2015 – 10:10 pm

On October 23, 30 students from Cornell University’s Urban and Regional Studies program visited Capitalize Albany Corporation and toured the City of Albany. The visit was part of a planned trip for students to learn more about Albany, what drives a city’s growth and best practices in economic development. The Organization of Urban and Regional […]