International Downtown Association Awards Downtown Albany Residential Development Strategy

November 7, 2018 – 9:34 pm

Click here to view the announcement’s press release During its 64th Annual Conference and Tradeshow in San Antonio, the International Downtown Association recognized Capitalize Albany Corporation and the Downtown Albany Residential Development Infinitive, awarding the strategic plan a certificate of merit. The City began the Downtown Residential Development Initiative in 2002 with the purpose of […]

New Central Avenue Mixed-Use Development to Restore Historic Property and Bring 36 Apartments Online

July 20, 2018 – 3:56 pm

Announcement’s Press Release A new $4.6 million investment is projected to create 55 jobs (52 constructions and 3 permanent), revitalize a historic building at the corner of Central Avenue and Lark Street that has been vacant for a decade, and bring new mixed-use development that will strengthen the Central Avenue business district and surrounding Lark […]

Look Up on North Pearl and Pine Streets to Find The Newest Downtown Apartments

March 6, 2018 – 5:19 pm

Officially welcomed to #Albany today, the Residences at Capital Center is another critical project advancing downtown’s momentum, keeping us on pace to catalyze growth supported by the #ImpactDowntown strategic plan. https://t.co/KZsZqdGObN pic.twitter.com/cpS4XVPcjf — Capitalize Albany (@CapAlbanyCorp) March 6, 2018 Press Release: Click Here To Read More Photos available at Capitalize Albany’s Facebook Page Renovation of […]

$10 Million Investment Transforms Office Building into 73 Apartments

September 25, 2017 – 8:29 pm

Developers Ten Plus Ten’s new 73 market-rate units were welcomed to downtown Albany as officials came together for a ribbon cutting at 20 Park Residences, the latest completed downtown residential project. Prior to the conversion, the five-story and nearly 95,000-square-foot building was commercial office space. Supported by the Impact Downtown Albany strategic plan—a $10 million […]

Ride Free This Summer On New CDTA Shuttle Serving Downtown, Lark Street and Warehouse Business Districts

June 6, 2017 – 6:48 pm

  Linking Warehouse, Lark & Downtown business districts @CDTA‘s Capital City Shuttle. Ride free Thurs-Sat 5p-12:30a this summer #AmplifyAlbany pic.twitter.com/z4O70jNI5S — Capitalize Albany (@CapAlbanyCorp) June 6, 2017 The Capital District Transportation Authority’s new Capital City Shuttle service will launch June 8 and run through Labor Day. The pilot program will serve Lark Street, Downtown Albany’s […]

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 […]