Albany is building its first new office tower in two decades

A local developer plans to build a nine-story, mixed-use office and apartment building on a vacant downtown Albany lot.

Albany Mayor Kathy Sheehan’s office confirmed that First Columbia LLC intends to include office space, apartments, a restaurant and a plaza at a lot (705 Broadway) at Clinton Square, a 102,000-square-foot building that would become the city’s first new office tower in two decades.

“We are very excited about the new proposal for Broadway in Quackenbush square. And there is a large empty lot that there was a plan for it. Unfortunately, the developer was not able to bring that plan to fruition. And now we have a proposal for new class A office space with a tenant and jobs so feet on the street as well as residential and so it’s a really exciting project,” Sheehan said…

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