Advanced Albany County Alliance Projects
Central Warehouse
The Central Warehouse project marks a major step in removing a longstanding blight on Albany’s skyline. In January 2025, the Alliance officially acquired the 11-story former cold storage facility at 143 Montgomery Street — a property that had sat vacant and deteriorating for decades, creating safety and economic challenges.
Following a competitive bid process and legal affirmation of our selection process, demolition planning is underway with contracted partners Gramercy Group, Inc. and LiRo-Hill. Supported by New York State Restore NY funding and local investment, the demolition will eliminate this symbol of urban blight and create a clean, investment-ready site for future development in North Albany. The project underscores our commitment to addressing safety, stimulating investment, and catalyzing economic activity in key areas of the county.
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Reimagine Saint Rose
The Reimagine Saint Rose initiative is a comprehensive community-driven effort to transform the 26.5-acre former College of Saint Rose campus in the Pine Hills neighborhood. The campus — acquired by the Albany Pine Hills Land Authority (created with Alliance support) through a $40 million bond issue — comprises a network of buildings and open space with tremendous redevelopment potential.
Working with local stakeholders and a professional planning team, this project is advancing a collaborative vision for a vibrant mixed-use district that blends affordable and senior housing, education, workforce training, community services, and public gathering spaces. Robust community engagement, public workshops, and planning sessions continue to shape the future of this once-in-a-generation opportunity.
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106 South Pearl 
Once home to the South End Grocery, the 106 South Pearl Street site presents an opportunity to support neighborhood revitalization and community needs through thoughtful redevelopment.
We are engaging with residents, community leaders, and stakeholders to explore redevelopment concepts that enhance economic activity, improve local amenities, and reflect community priorities. Plans are advancing toward a multi-million-dollar redevelopment announcement, bringing new energy and opportunity to Albany’s South End.