Albany--Another step in downtown Albany's revitalization. Developers say it's not enough to bring people to work and shop in the area. People need to live there. Now the heart of downtown is getting its first loft apartment.
A new apartment in downtown Albany is good news for store owner, Kate Whiting. "The new loft is going to bring a lot of new traffic for us. A lot of people haven't seen what downtown has to offer," she says.
City leaders say it's just what downtown needs. "Residential is a key component to any successful downtown area," says Chamber of Commerce President Tim Martin. He believes the loft will change the downtown atmosphere.
"There will be excitement, there will be energy, and it's something to look forward to," he says.
"Residential development downtown would be very good for our town and would build the character of nightlife downtown," says Chuck Jones, with Delta Partners, a real estate company, who owns the building. It took nine months to renovate.
"We just had this space and decided to build a loft apartment in it cause it's got a great view," he says.
His partner, Cindy Carr, says the 1500 square foot loft is fit for a king. "Kitchen appliances, you have your dish washer, a glass top stove, water in the refrigerator door," she says.
There's also a Jacuzzi, as well as: "A walk in shower, all tile," she says.
From hardwood kitchen floors to a huge living room, the loft features a large balcony and:
"We have a washer and dryer hookup, large laundry room," she says.
Jones plans to add other lofts in the downtown area in the future. "We have enough space to build one other up here over the adjacent building we also own," he says.
And clothing store owner, Kate Whiting says she can't wait. "The more lofts that open up, and more places for people to live it is just going to be great for everybody down here," she says.
The loft is currently up for rent for $800 a month.