The city of Albany is hoping to sell the former site of the historic Cumberland Presbyterian Church, a property that the Public Works Department acquired in 2000 for $150,000. But as of today, the vacant lot is still for sale.
Another page is about to be turned in the continuing story of changes in Albany’s downtown. Pride Printing has occupied the ground floor of the former St. Francis Hotel for about 50 years, and now the business leaving.
The new Opera House Apartments in downtown Albany have been in the works for years. Now the long-running transformation of the building at 222 First Avenue S.E. looks like it’s nearing the finish line.
Scott Lepman, the Albany real estate investor and developer who has tackled several big restoration projects, has come up with an even bigger one. His organization will save the former St. Francis Hotel downtown and also restore the former city hall building if the urban renewal district, CARA, will help him lower the financial risk.
The Albany Planning Commission has given its approval to a project by the Scott Lepman Company to build eight three-story townhomes in the 200 block of S.E. Third Avenue. A big old walnut tree in the corner of the site will have to come down, the commission agreed.