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Located in the heart of New York's Tech Valley, downtown Albany is the Capital Region's center of commerce, finance, arts and culture.  Businesses located here range from regional headquarters of financial institutions to independently owned retail shops, ensuring a consistently diverse and vibrant business climate.


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Downtown's available commercial and retail space can accommodate investment at all levels, and the district's Empire Zone benefits provide important financing opportunities and tax incentives. Now is the perfect time to invest in downtown Albany!

Business Relocation & Development Package

The Downtown Albany BID’s Business Relocation & Development Package provides comprehensive information for those looking to invest in their future, downtown.

Topics include:

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Additional BID Research

  • Usage and Perception Assessment of Downtown Albany - This random survey of Capital Region residents  gauges frequency of and motivators for non-work usage of downtown Albany; brand awareness; and perceptions of safety, parking and living.

  • Residential Market Potential Update, Executive Summary - This benchmark report, updated in November 2006, identifies the breadth and depth of the market for newly-introduced market-rate housing with the Downtown Albany study area.  To request the full report, click here.

  • Restaurant Week Study Results - This analysis presents demographic and downtown usage data obtained from 4,647 customer response cards collected during the fourth “Downtown Albany Restaurant Week” in August 2006.

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