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Eighth Round City of Albany Small Business Facade Improvement Program...

Applications are now available as part of the City of Albany Small Business Facade Improvement Program’s Round Eight  funding window with matching grants being made available to support small business...

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Vacant Warehouse District Commercial Office Building Will Be Converted Into...

Announcement Press Release   The owners of Nine Pin Ciderworks are converting the vacant four-story 20,000-square-foot former commercial office building at 927 Broadway into the Rose Apartments, a...

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Capitalize Albany Advances Liberty Park Redevelopment with RFP Respondent...

The City of Albany’s economic development organization, Capitalize Albany Corporation, has selected a master plan proposal as the next step in advancing its Liberty Park RFP process. On Tuesday,...

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Inspired By 1920s Photo, McGreevy ProLab & ProPress Restores Broadway...

More Than $135,000 Historical Restoration Project Completed At 376-378 Broadway   After several years of planning and a year of community-supported restoration work McGreevy ProLab & ProPress...

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A Conversation With Senator Pat Fahy On Chat With Pat Episode 34: Strong...

Last week Capitalize Albany President Ashley Mohl and Senior Economic Developer Kaylie Hogan-Schnittker joined Senator Pat Fahy on her podcast for a discussion about the future of the Capital City’s...

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An Historic Rehabilitation To Convert 120 Madison Ave Into Mixed-Use...

$4.7 million Project Will Activate Vacant Tax-Exempt Former Masonic Lodge View Announcement Press Release    The historic rehabilitation of 120 Madison Avenue by Hoke Development will convert the...

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Nine Pin Ciderworks Celebrates Completion of Brick Facade Restoration,...

Project Restores Appearance Of Historic McKinney Steel Complex Original Brick Industrial Architecture View Announcement Press Release    Nine Pin Ciderworks was joined by Albany Mayor Dr. Dorcey...

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2026 REDC CFA Process Resources And Local Workshops

Governor Kathy Hochul has announced the opening of this year’s Regional Economic Development Councils (REDC) Initiative and Consolidated Funding Application (CFA) process. The application portal is now...

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$7.4 Million Investment Will Convert Underutilized Parking Adding 37...

View Announcement Press Release    $7.38 million will be invested into Redburn Development Partners’ The Kennedy at 45 Columbia Street in downtown to convert underutilized parking areas in the existing...

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Coordinated Downtown Projects to Add 120 Multifamily Housing Units and...

$42.5 Million in New Investment to Support Reactivation of 200,000 square feet of vacant office space through residential reuse and office tenancy   View Announcement Press Release    A $16 million...

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Stacks Espresso Bar Expands With Opening of Second Downtown Albany Location,...

Newly Renovated Space At 90 State Street To Serve As hub For Coffee Enthusiasts, Gathering Spot For Professionals, Residents And visitors Near Capitol.   Stacks Espresso Bar’s leadership and management...

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More Than 200 Multifamily Apartments Advance Toward Construction In Albany...

View Announcement Press Release    An $18.6 million project that will renew the site of Albany’s historic Union Station into a mixed-use multifamily residential development, a $4.8 million project to...

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$2 Million Investment Brings 13 New Market-Rate Apartments To North Albany

View Announcement Press Release    Capitalize Albany, local officials and community members joined Guido Development Group to celebrate the ribbon cutting of its recently completed multifamily project...

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Downtown Albany Strategy Fund Application Portal Now Open

The Downtown Albany Strategy (DAS) fund application portal is now open. The $200 million in Downtown Albany Strategy funding is part of Governor Kathy Hochul’s broader Championing Albany’s Potential...

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Capitalize Albany Advances Liberty Park Redevelopment with RFP Addendum...

  Refinement Opportunity Positions Projects to Leverage up to $40 Million in Dedicated Funding   The City of Albany’s economic development organization, Capitalize Albany Corporation, has released an...

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Refinancing of Tax-Exempt and Taxable Bonds Through City of Albany Capital...

View Announcement Press Release    Financing made possible with the issuance of up to $30 million in tax-exempt and taxable bonds will support the Avila Retirement Community, allowing for the...

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Albany Center Gallery Opens New and Expanded North Pearl Street Location

Community residents gathered at 48 North Pearl Street to tour Albany Center Gallery’s new and expanded home and experience the 21st Annual Members’ Show on Jan. 16. Complementing its grand opening, the...

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#AlbanyIsAllBiz | Hot Crispy Oil Relocates and Expands in Albany

Hot Crispy Oil, the Albany-based specialty condiment company that captured the taste buds of food enthusiasts nationwide, is embarking on a new chapter. The company, founded in 2020 by John Trimble,...

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Downtown Albany Expands Culinary Landscape With Japanese-Italian Fusion...

  A new restaurant is bringing Japanese-Italian fusion cuisine to downtown Albany. Itameshi is located at 745 Broadway on the ground-floor of Industrie Apartments, which was developed by The Rosenblum...

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$97.3 Million Investment To Reshape South End Neighborhood Developing 166...

View Announcement Press Release  Project Will Create At Least 100 Construction Jobs, Bring 62 Newly Constructed buildings To Currently Tax-Exempt Properties A $97.3 million investment will bring 64...

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