Category Archives: South End Revitalization
South End Construction Spurs Private Investment
Private investors are reacting to the Authority’s work in the South End by acquiring and rehabbing abandoned buildings. An example of this is at 41 Catherine Street, a 2-unit abandoned rowhouse, where investors are using their own money and sweat equity to rehabilitate the structure. Authority representatives referred them to the City’s lead abatement program for additional funds to assist with the project. The same investors are rehabilitating a garage across the street at 40-44 Catherine Street. They said their decision to invest in those buildings and in the South End neighborhood was a direct result of seeing the Authority’s work just down the street. The combined effect of public and private investment is that more improvements are made, which result in a stronger and more vibrant community.
These photos document the amazing transformation that has occurred on Morton Avenue in just the past 5 months. Seemingly overnight, 43 apartments have risen from once vacant lots and abandoned buildings along this South End corridor and adjacent side streets. The Albany Housing Authority, its developer-partner Omni Housing Development and construction manager AOW Associates are using prefabricated wall panels and trusses shipped to the construction site as a way to cut the construction schedule nearly in half, in order to have the first apartments ready for occupancy before the end of the year. The effort is Phase 2 of a multi-year project to stabilize the neighborhood surrounding Lincoln Square Homes, in preparation for its redevelopment according to the city’s Capital South Plan. Phase 1, completed in 2009, consisted of the wildly successful rehabilitation of Eagle Court Apartments at the corner of Morton and Eagle Street and the establishment of a new cluster of quality housing at Jared Holt Mews on Third Avenue and Clinton and Broad Streets. Phase 2 aims to reinforce those initial housing investments and further instill faith in the South End’s revitalization for homeowners and responsible landlords.