Understanding the undeveloped landscape in Albany provides us with insight on what growth may or may not be possible, and what policies may or may not incent development of additional housing. If Albany were a suburban town we would focus our analysis on zoning, utility buildout and NIMBY questions. Albany is not a suburb, obviously, instead we have several centuries of development that influences where development may or may not happen.
There aren’t too many people who can claim they have visited all neighborhoods of Albany. Albany Police and Fire, Albany General Services, UPS and Prime drivers, and people who have lived in Albany a really long time might make that claim. Most people don’t have a significant experience understanding the breadth of Albany’s neighborhoods. Given that, when we ask a question like “Does Albany have room for additional residential development?” it’s worth spending some time exploring and analyzing Albany’s property landscape to answer the question.
In this article we will talk exclusively about Albany’s opportunity for residential development - single family homes, duplexes, apartment buildings and more. We may write a separate article about commercial development opportunities in the future.