February 27, 2026
Albany, N.Y.On Friday, February 27, 2026, Albany County officials joined community partners to unveil a transformative plan for the long-vacant property at 106 South Pearl Street, marking a major step forward in revitalizing this key gateway into the city.
Albany County Executive Daniel P. McCoy announced that the county — in collaboration with the Advance Albany County Alliance — is issuing a request for proposals (RFP) for the redevelopment of the site, which formerly housed a McDonald’s and later the South End Grocery store.
The initiative seeks development partners to design and construct a modern bus terminal that will accommodate major carriers such as Greyhound, Adirondack Trailways, and Peter Pan. The proposed facility will not only enhance intercity transportation options but also include a retail element likely to serve as a convenience store for travelers and neighbors.
“This project will bring enhanced passenger amenities and stronger connectivity to regional transit routes,” McCoy said in remarks shared during the announcement. “It will help revitalize this important corridor, bring more foot traffic to the area, and support nearby businesses.”
The planned redevelopment aligns with the state’s Championing Albany’s Potential (CAP) Initiative, a multi-million-dollar effort to promote economic growth and community investment across the region.
The county acquired the property with local support, and earlier investments helped pave the way for this next phase of development. If successful, the bus terminal is expected to deliver improved transit access for residents and visitors, while contributing to broader efforts to strengthen Albany’s South End neighborhood.