Project Update, May 16: View Press Release The second $34.5 million phase of a transformative $78 million investment in downtown Albany is under way with the mixed-use renovation of the historic Kenmore Hotel building at 76 North Pearl Street. Announced by Governor Cuomo in December — Redburn Development Partners will invest $78 million to renovate […]
Tag Archives: Impact Downtown Albany
Second Phase Of Transformative $78 Million Downtown Albany Project Under Way
April 23, 2019 – 7:05 pm
The Crossroads: Pop Up Arts Exhibition at 200 Washington Avenue In Albany
August 10, 2016 – 7:30 pm
Local artists and the staff of the Lark Street Business Improvement District (BID) will be hosting The Crossroads: An Underground Pop-Up Experimental Arts Exhibition on Thursday, August 11, from 5 p.m. to 9 p.m. at 200 Washington Ave., the building formerly occupied by Key Bank. The Crossroads, made possible by funding in part through Capitalize […]
Amplify Albany Supported Summer Outdoor Movie Series Deja View Schedule Announced
August 10, 2016 – 12:43 pm
Update 8/25/16: Movies “Up” and “The Princess Bride” events, have been rescheduled due to inclement weather forecasts. The new correct dates are now reflected below. Next week, the Downtown Albany Business Improvement District will kick off Deja View, its free summer outdoor movie series running every Thursday from August 18 through September 15 at 7:45 p.m. in downtown Albany’s […]
Free Outdoor Yoga Supported By Amplify Albany Grant Program Now Extended to September
August 8, 2016 – 8:38 pm
Made possible by Capitalize Albany’s Amplify Albany grant program, free outdoor yoga organized by cafe Dali-Mamma which is located at 41 State Street in downtown Albany (www.dalimamma.com), is now available three days a week instead of two, with extended dates through September 1. This Amplify Albany grant program supported event is an example of pop-up programming to benefit the […]
SOLD: Last Of Downtown Albany Luxury Condominiums
August 6, 2015 – 1:57 pm
On Wednesday, August 5, Capitalize Albany Corporation, Albany Mayor Kathy Sheehan, The Rosenblum Companies, and the Downtown Albany Business Improvement District (BID) celebrated the sale of the last new condominium available at 17 Chapel Boutique Condominiums. This event marked the end of a $9 million, 24-unit project that opened the door for other large-scale residential conversions […]
Capitalize Albany Corporation Backs URI Regional Growth Strategy Releasing Completed Impact Downtown Albany Strategic Plan Documents
July 30, 2015 – 12:59 am
The Capitalize Albany Corporation Board of Directors authorized release of the market-driven, action-oriented strategic plan, Impact Downtown Albany, completed last fall to serve as a business plan and Playbook for downtown Albany development. In consideration of the opportunities that the State’s Upstate Revitalization Initiative competition offers Albany and the entire Capital Region, the Capitalize Albany […]
Redevelopment Project to Bring 400 Jobs as Broadway Warehouse District Corridor Looks to Transform
June 3, 2015 – 7:28 pm
On Wednesday, June 3, the City of Albany Industrial Development Agency board approved an application to provide financial assistance for a redevelopment project along the Broadway corridor of Albany’s warehouse district. Norry Management Corp. has a five-year lease with Maximus Inc., a contractor for New York’s health insurance exchange, to fill 92,000 square feet of […]
Mixed-Use Apartments Project At 40-48 South Pearl Street Ready To Begin
May 22, 2015 – 2:42 pm
On Thursday, the Albany Industrial Development Agency board approved an application to provide financial assistance for a redevelopment project at 40-48 South Pearl Street in downtown Albany. With the SEQR process already completed, the shovel ready $2.5 million project has made it through the development pipeline and developers Chris Maddalone and Seth Meltzer of Maddalone […]
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