CARA, Albany’s downtown urban renewal program, this week is beginning to see tangible results from two of the biggest projects it has supported with financial aid. It also faces the tough call of whether to extend and perhaps even forgive a $200,000 loan whose terms call for it to be repaid now.
Tags: Albany urban renewal, CARA, Edgewater Village, Penney Building, Woodland Square
What’s up at Edgewater Village?
Edgewater Village is a planned residential neighborhood that everyone hopes will rejuvenate Albany’s riverfront on the Willamette. The hope is there, along with new sewer lines and new streets, but the first house has yet to be started. The public has an interest because CARA, the city’s urban renewal program, has spent $2.4 million on […]
Tags: Albany urban renewal, CARA, Edgewater Village