News

Capitalize Albany Corporation Approves New Financing For Mixed-Use Apartments at 40-48 South Pearl in Downtown

April 29, 2015 – 9:45 pm

On Tuesday Capitalize Albany Corporation board members approved a $275,000 loan to assist with the $2.5 million redevelopment of 40-48 South Pearl Street as part of the Corporation’s Real Estate Loan Program. Chris Maddalone and Seth Meltzer of Maddalone & Associates plan to transform the 24,000 sq. ft. property, mostly vacant since 2011, into 16 […]

Join Us for an Impact Downtown Open House

October 25, 2014 – 8:19 pm

Please JOIN US for an Impact Downtown Open House with our consultant team on October 28th from 12pm – 1pm in the City Hall Rotunda.  The summer months have been spent analyzing market data and digesting key stakeholder input.   The team will  be present to discuss the vision for the future and findings from the […]

Impact Downtown presents Pop-Place at Tricentennial Park, September 13th through September 23rd

September 4, 2014 – 8:53 pm

< FEATURING: POP-UP SHOPS > Where: Tricentennial Park (Broadway Ave at Columbia St) When: September 13th through September 23rd Times: Most shops are open daily, 11a – 7p.  Some are limited features; see the full schedule for days and times. What: Impact Downtown’s pop-up shops activate vacant storefronts and public spaces to help support entrepreneurs […]

UNDER CONSTRUCTION: Tech Valley High School

June 19, 2014 – 6:59 pm

Construction of a new 25,000 SF academic facility providing students with state-of-the-art classroom space. Through a strong emphasis on science, technology and math, students will be provided with the skills necessary to be successful in tomorrow’s workforce. This project furthers the relationship between the State of New York, the College of Nanoscale Science and Engineering […]

Capitalize Albany Corporation, the Department of Development and Planning, the City of Albany IDA & CRC and the Albany Community Development Agency host Albany Reinvests 2014 at the Albany Barn/Academy Lofts

June 18, 2014 – 1:51 pm

To read the City of Albany Reinvests 2014 annual report click here On Tuesday, June 17th, Capitalize Albany Corporation, the Department of Development and Planning, the City of Albany IDA and CRC and the Albany Community Development Agency celebrated a year’s worth of reinvestment into the Capital City at Albany Reinvests 2014. The event was […]

Capitalize Albany Corporation to Host Annual Meeting

May 28, 2014 – 1:19 pm

Join Capitalize Albany Corporation on Tuesday, June 17th from 5:30 to 7:30PM at the Academy Lofts/The Barn as we present our year in review and investment plans for the future. Speaking at the event will be Mayor Kathy Sheehan and a special section of the programming will honor the Commissioner of Development and Planning, Mike […]

UNDER CONSTRUCTION: the SCiTI Center at Kiernan Plaza

May 19, 2014 – 6:50 pm

The SCiTI Center includes the redevelopment of 107,063 SF of the vacant Kiernan Plaza ( built in 1900 as the City’s railroad station) into a multi-tenant commercial office building housing 10=15 SCiTI companies. This projects directly implements the Albany 2030 and Impact Downtown Albany strategies. This adaptive reuse of the historic Kiernan Plaza will allow […]

Introduction to the ZEN Building at CNSE

May 15, 2014 – 5:20 pm

On Thursday, May 15th, Fuller Road Management gave an introduction to the College of Nanoscale Science’s Zero Energy Nanotechnology (ZEN) building to the City of Albany CRC (Capital Resource Corporation) Board. The project is a $191 million investment in support of the research and educational purposes of CNSE through the various tenancies and programs that […]

412 Broadway Under Construction

May 15, 2014 – 4:05 pm

412 Broadway consists of the conversion of a vacant 36,900 SF building into mixed-use retail/residential space. It will include 32 residential retail units and 6,500 SF for up to 2 tenants. This project directly implements the Albany 2030, Impact Downtown Albany and Downtown Albany Residential strategies. This project’s location on the revitalized Broadway corridor makes […]

State of Downtown Albany Meeting Wraps up with Final Meeting on Retail

May 9, 2014 – 6:22 pm

Capitalize Albany Corporation, alongside their team of world-class consultants, presented the existing conditions analysis for Downtown Albany’s retail market on Thursday, May 8th at the Hilton Albany. The meeting was the third and final installment of the State of Downtown Albany Market Series, which is part of the Impact Downtown Albany initiative. Presenting was Mayor […]