The strategy is backed by $200 million in public investments from New York State to guide coordinated action that is hoped to “spur housing growth to attract new residents, create jobs, promote long-term redevelopment, enliven commercial corridors, and energize the public realm.”
Developed with input from the public, the Downtown Albany Strategy incorporated public engagement through workshops, stakeholder meetings, and focus groups.
“Downtown Albany has been a historic hub for more than 400 years, and I am committed to renewing its prominence not only to the region, but across our state and nation. This strategy will deliver transformational change and unlock its full potential,” Governor Hochul said. “Through high-impact investments, strong partnerships, and clear growth targets, we are building a revitalized downtown worthy of the Empire State’s capital city for residents, workers, and visitors alike.”…