For Albany’s downtown urban renewal program known as CARA, the focus now is on launching and completing a redevelopment of the riverfront along Water Avenue, finishing some remaining projects, and then going out of business, possibly by 2025.
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City approves plan for riverfront lot
Albany has approved a site plan for redoing a Water Avenue parking lot in order to make it fit in with the planned riverfront redevelopment. The estimated cost is $182,000.
Tags: Albany riverfront, CARA, Ellsworth Street, Lyon Street, parking lot, riverfront redevelopment, urban renewal, Willamette River