Welcome to the GOOD Life in Downtown Albany
We invite you to strut your stuff out on the street. Play your newest songs in the pub next door. Get out and enjoy our many urban parks and the Hudson River. As one of the fastest growing neighborhoods in the Capital Region, Downtown boasts an opportunity for exciting urban living.
As the Capital City of New York State, Albany's true personality comes from its network of residents and regional players. Look Up! The newest neighborhood is in Downtown and the residential population is rising. Walk in the footsteps of greatness or just live in their buildings. Many of the buildings that paved the way for past historical figures are now being converted into residential communities.
Cookie cutter apartments don't exist here. Instead, expect reuse of materials, exposed brick, imported countertops and unusual loft layouts - all housed in a piece of unique history in the Capital Region's urban center. Here, you will know your neighbors on the street, have a favorite local watering hole and be recognized by wagging tails.
Downtown sets the stage for excellence and luxury. Just outside your doorstep, enjoy walking ease and access to over 60 restaurants and pubs, four world-class entertainment venues, historical enrichment centers, a planetarium, art galleries and state and regional museum treasures. Services like the post office, a copy center, hair salons and barbers, dry cleaning, laundromat, gas station, drug store, florist and many other retailers are just a stone throw away.
With over $30 million in investment since 2002 and approximately 200 market rate residential units now online, we assist residents and Downtown Stakeholders make connections helping them build a community.
Today, there are approximately 158 units underway or likely to be underway in 2014 equating to over $26 million in investment. Collectively, these projects will increase the number of units by 79.5%, continuing the growth of Albany’s newest neighborhood. We expect Downtown’s impressive 97% residential occupancy rate to continue for years to come.
If you are a developer interested in the next Downtown residential conversion or positioning the next big retail enterprise, connect with us today.
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Read more about Downtown living, and past residential projects in our Downtown Living book. More information can be found at the Capitalize Albany website.