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Capital Region News

Downtown Albany: Brace For Impact


Capitalize Albany is getting ready to roll out a new project that has big implications for Downtown.

On Tuesday at Ten Eyck Plaza, Capitalize Albany will unveil its Impact Downtown Albany revitalization strategy - a twelve month public/private collaboration.  Sarah Reginelli, Director Economic Development of Capitalize Albany, says there are currently about two dozen corporate contributors.

The group is working closely with city officials, including Mayor Jerry Jennings and Mayor-elect Kathy Sheehan. The new downtown strategy is funded by the corporate community - Reginelli promises big changes as a result of the collaboration.

With an eye on a national trend showing renewed interest in urban lifestyles, Reginelli adds the project entails an in-depth marketing analysis of the residential, commercial and retail potential for downtown Albany, and a strategy to capitalize on that, effectively setting the tone for the next five to ten years of development in downtown Albany.  Capitalize Albany extends a welcome to the community at large:


November 19th Schedule

12:00 - 2:00          Interactive engagement at the Ten Eyck Plaza

3:30 – 5:15           Interactive engagement at the Ten Eyck Plaza

4:00 – 4:30           Press conference – 3 speakers with contributor representatives standing at podium

5:15 – 6:00           Glimpse of the Future of Downtown Albany Pecha Kucha presentation

                             Speakers Include:

                                       David Dixon, Goody Clancy

                                       Nancy Zimpher, SUNY

                                       Michael Holtzman, WhoSay

                                       Tracy Metzger, TL Metzger Associates

                                       Phillip Morris, Proctors Theater

                                       Kathy Sheehan, City Treasurer and new Mayor-elect

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