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Capitalize Albany Corporation Assumes Control Of Liberty Park Properties

February 26, 2020 – 2:09 pm

Announcement’s Press Release Capitalize Albany Corporation has closed on its Purchase and Sale Agreement with the Albany Convention Center Authority (ACCA), transferring roughly five acres of surplus ACCA properties surrounding Liberty Park in the heart of Albany’s downtown business district to the city’s nonprofit economic development organization. Liberty Park is unique in the Capital Region’s […]

Innovation Of Skyway Recognized By American Council of Engineering Companies

January 29, 2020 – 5:01 pm

With support from Governor Andrew Cuomo’s Regional Economic Development Councils initiative, Capitalize Albany Corporation completed a 2018 Skyway feasibility study and the project’s preliminary design. This study and the Skyway’s design, guided by public input and conducted by the design firm Stantec, has prepared the Impact Downtown Albany-informed Skyway project to advance. The Corporation-led REDC Round […]

New Mixed-Use Development at 563 New Scotland Avenue to More Than Triple Revenue Generated for Local Taxing Jurisdictions

January 16, 2020 – 3:34 pm

Click here to view the announcement’s press release The New Scotland Village project will bring 188 market-rate rental units and approximately 15,000-square feet of retail/commercial space to a neighborhood commercial corridor. Made possible with support from the City of Albany Industrial Development Agency (IDA), developer Jankow Companies’ New Scotland Village is projected to generate more […]

City of Albany Projects Receive $16.2 Million from Regional Economic Development Council (REDC) Initiative Round 9

December 19, 2019 – 6:11 pm

Click Here To View The Announcement’s Press Release  A strong set of competitive projects throughout the City of #Albany met @NYGovCuomo‘s and the Regional Council’s challenge this year — bringing the total amount of CFA funding awarded to citywide projects through 9 rounds to $100M+ totaling — $112.9M. https://t.co/h6SNVCHVCA pic.twitter.com/UiNNaz620M — ᴄᴀᴘɪᴛᴀʟɪᴢᴇ ᴀʟʙᴀɴʏ (@CapAlbanyCorp) December […]

Completion of Albany S.T.E.A.M. Garden Phase 1 Business Incubator

December 12, 2019 – 11:54 am

Science, Technology, Engineering, Arts and Media – S.T.E.A.M. – is breathing new life into a once-vacant building, a neighborhood, and the Capital Region’s creative economy. The first phase of renovation of the former St. Patrick’s School on Central Avenue is complete, an opening celebration was held on December 11 and the S.T.E.A.M. Garden is now […]

Annual Report | Building For Tomorrow 2019

November 18, 2019 – 9:16 am

Celebrating its 40th anniversary in 2019, Capitalize Albany Corporation has elevated the City of Albany and the Region. It’s executing action-oriented strategies and catalyzing transformation in Albany’s neighborhoods, downtown and commercial districts citywide. To learn more you can read Capitalize Albany Corporation’s 2019 Annual Report, click here or below. Read our 2018 annual report Read […]

RFP | Property Management And Maintenance Services

September 27, 2019 – 2:36 pm

Capitalize Albany Corporation is requesting proposals from qualified respondents that specialize in comprehensive property management and maintenance services. Please click the link below to view and download the RFP document.  Click Here To Open The RFP Document. Click Here to Open The RFP FAQs.

11 Stories of 90 State Street To Transform Into 154 Downtown Residential Units

August 22, 2019 – 4:48 pm

View the announcement’s press release here A $23.1 million investment will support a large-scale residential conversion in the heart of downtown Albany, further strengthening the central business district’s density and downtown residential strategy implementation. The project is estimated to create 89 construction jobs, support four retained and create one full time job. The project will […]

Renewal of Dana Ave Properties To Further Park South Revitalization

June 20, 2019 – 8:24 pm

Click here to view the announcement’s press release A 36-unit, 45,000 sq. ft. apartment building will rise at 86 Dana Avenue. The project is estimated to create 160 construction jobs. As redevelopment continues to spread beyond blocks east of where Albany Medical Center and Tri-City Rentals collaborated on 268 new market-rate apartments, this new construction […]

Dec. 2- 16 | The Historic Holiday Market Trail

November 30, 2018 – 8:02 pm

Supported by the Amplify Albany grant program, Albany Barn and the Ten Broeck Mansion have formed a partnership to expand their annual holiday programming. This holiday season the Albany Barn and Ten Broeck Mansion will present The Historic Holiday Market Trail. Programming kicks off on December 2 and runs through December 16 featuring a series of artisan […]