City of Albany Downtown Revitalization Initiative

Welcome to the City of Albany’s Downtown Revitalization Initiative web page. All information regarding the third-round DRI process and the City of Albany's DRI strategic investment plan can be found here.

DRI Project UpdatesProjects are currently working with funding agencies on their respective contracts and will begin work soon. Check back for updates.


DRI Workshop at the Palace Theatre

With the City of Albany's successful application as part of Governor Cuomo's third-round Downtown Revitalization Initiative, a final public workshop series event to identify opportunities for Clinton Square and maximize New York State's $10 million investment was held at the Palace Theatre in March, 2019. Throughout six working meetings of the Local Planning Committee and three public workshop events beginning in October 2018, community members provided valuable input as the LPC, consultant and market analytics teams worked through development of the City of Albany's Strategic Investment Plan. The Plan identifies and recognizes opportunities for Clinton Square.

The City of Albany's Downtown Revitalization Initiative funded projects and projects included in and supported by the Albany's Plan were  announced on July 24, 2019. Lieutenant Governor Kathy Hochul visited theREP in downtown Albany, 12 transformational projects were announced for Albany’s Clinton Square neighborhood as part of the $10 million Downtown Revitalization Initiative award.

Lieutenant Governor Kathy Hochul DRI Announcement at theRep on July 24, 2019

Click Here To View The DRI Projects Announcement Press Release

The City of Albany's DRI Plan and Award Booklet can be found here

More Information

To learn more about the Downtown Revitalization Initiative, visit