IMPACT DOWNTOWN PLAYBOOK | A STRUCTURE FOR EFFICIENT, EFFECTIVE POLICY AND ACTION
KEY AREAS OF COLLABORATION
PARTNER
CATEGORY
SUNY College of Nanoscale Science and Engineering (SUNY Poly)
Business recruitment & growth, development
MAJOR AREAS OF SUPPORT FOR IMPACT DOWNTOWN PLAYBOOK ACTIONS
CAPITALIZE ALBANY CORPORATION
Help recruit tech sector businesses to reinforce tech business cluster, leveraging SCiTI Center and Start-Up NY program. Recruit companies to implement Smart Cities infrastructure downtown as demonstration projects.
Incentives, recruitment, contributions towards economic development resources
BID
CITY
Smart Cities infrastructure implementation
University at Albany Business recruitment (UA) & growth, development
Incentives, Work with CDTA and BID to recruitment promote student access to downtown retail, dining, cultural and park amenities. Work with Capitalize Albany Corporation to explore sites for potential downtown student housing. Continue collaboration with businesses leveraging Start-Up NY program.
New York State Regional Economic Development Council (REDC)
Business recruitment & growth, development
Collaborate with Capitalize Albany Corporation on connecting potential downtown businesses with grants, loans, tax incentives, business growth services and other support. Communicate downtown’s updated branding and market position. Prioritize projects in downtown Albany as strategic economic development projects.
Business retention & recruitment
City branding
Empire State Development (ESD)
Business recruitment & growth, development
Work with Capitalize Albany Corporation, City and BID on redesign of Ten Eyck Park and adjoining building façades to promote greater use. Collaborate with Capitalize Albany Corporation on connecting potential downtown businesses with grants, loans, tax incentives, business growth services and other support (such as Start-Up NY). Communicate downtown’s updated branding and market position.
Property control, business retention & recruitment
Contributions towards economic development resources
Retail/cultural support through student demand
27