New downtown residential lofts in the works - WALB.com, Albany News, Weather, Sports

New downtown residential lofts in the works

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The Albany Dougherty Inner City Authority is working out details of a plan to bring loft living downtown. A project to renovate the old Albany Theatre includes three or four residential lofts up top.

The lower floor would include office and business space.  ADICA board members say getting people to move downtown is a key to growth there.

Phil Cannon, ADICA Board Member says, " Residential is where it's at, until we get a residential project started that's what's going to create the nighttime and the weekend traffic , which is going to create the need for the services downtown."

 Prospective business occupants include a hair salon, an audio visual company, and a marketing firm.  ADICA does not have a timeline for the project.

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