Land bank seeking developers for 'neighborhood-scale' project in Albany's South End

The Albany County Land Bank Corp. is taking the next step to redevelop a four-block area of vacant land and abandoned homes in Albany's South End neighborhood.

The land bank wants to partner with developers interested in building new or renovated housing and retail shops in an area from Broad Street to Elizabeth Street and from Second Avenue to Third Avenue.

The area covers approximately 4 acres and includes 86 parcels. Of those parcels, 67 are owned by either the land bank or the city, representing about 3 acres. They're mostly vacant lots and a handful of empty buildings.

"What we’re really striving for here is to do a neighborhood-scale development," said Adam Zaranko, executive director of the land bank. "A whole, thought-out development project with mixed use, mixed income, rental and owned."

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