
The Albany Revitalization Agency, also known as the city council, met Monday to hear about the collapse of the plan to have Gerding Builders redevelop the former downtown branch of the Wells Fargo Bank. Council members thanked Gerding for its efforts but offered no ideas on what to do next.
Tags: Albany urban renewal, CARA, construction costs, downtown Albany, First and Broadalbin, Gerding Builders, inflation, retail refinement plan, Wells Fargo branch
Razing 300 W. First: Three bids received
Three contractors from the Portland area submitted bids to demolish the former downtown Albany branch of the Wells Fargo Bank at 300 W. First Ave. The bids, opened Nov. 15, ranged from about $239,000 to nearly $385,000.
Tags: 300 W. First, Albany urban renewal, ARA, demolition, redevelopment, Wells Fargo