Hopes of rebuilding the former Wells Fargo Bank branch in downtown Albany by adding three floors of apartments have been dashed by the rising cost of construction.
Gerding Builders expects to follow through on its plan to turn the former Wells Fargo Bank branch in downtown Albany into a commercial and residential complex. That was the gist of part of Wednesday’s session of the downtown renewal advisory board.
If you want to take a last look at Oak Grove School in rural North Albany, better make it quick. The building will be demolished shortly, to be replaced by a much bigger one that’s scheduled to be ready in the fall of 2019.
A couple of things strike me about the new Albany Carousel building rising on the northwest corner of First Avenue and Washington Street.
Albany city officials are pleased with the bids they received last week to construct a new police headquarters on Pacific Boulevard and a replacement fire station downtown. The amounts are within the project budget, and City Manager Wes Hare welcomed the good news. “It means we can do what we said we would do,” he told […]
For now, city’s stuck with an empty bank
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