Rumors that Wells Fargo was about to close its downtown Albany branch had been circulating for weeks before the bank confirmed them Monday. The downtown urban renewal board will hold a closed-to-the-public meeting Wednesday to consider real estate transactions, and the idea of buying the building for its parking may well come up.
The Albany Eagles have put their lodge building up for sale for an asking price of $950,000. But the city’s downtown urban renewal advisory board showed no interest when this came up at a meeting last week.
A million-dollar funding request to help preserve three derelict old houses in Albany’s Monteith Historic District has been pulled from Wednesday’s agenda of the Central Albany Revitalization Area’s advisory board.
If the city of Albany wants three century-old houses in the Monteith Historic District rebuilt and preserved, it will have to put up a million dollars in urban-renewal aid. The issue comes up Wednesday when the advisory board of the Central Albany Revitalization Area meets.
It’s been almost exactly four years since Albany’s urban renewal agency agreed to provide financial aid for the renovation of the Fortmiller Building downtown. Now the developers are ready to show off the result.
If the Albany Eagles lodge comes up for sale, the city’s urban renewal agency would be interested. That’s the gist of a discussion among members of the Central Albany Revitalization Area advisory board Wednesday night.
Getting new “wayfinding” signs for downtown Albany has been a long process now nearing its end. It’s taken about six years, and the bills for having 27 signs designed, made and finally installed will end up totaling around $140,000.
Another downtown Albany building, this time on the east side of the business district, is about to get an exterior makeover. The owner is getting a bit of help from CARA but is bearing almost the entire cost herself.