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Groundbreaking Ceremony held for the Academy Lofts
ALBANY -- A groundbreaking ceremony was held Wednesday morning for the Academy Lofts artist apartments.
This was the former site of the St. Joseph's Academy.
The ceremony was held at the property on 56 Second Street.
Albany Mayor Jerry Jennings was joined by members of the Albany Housing Authority and Albany Barn Inc.
The space is being converted into 22 affordable live/work loft-style apartments for artists.
Officials say this is will serve an an incubator for creative enterprises.
The $10 million dollar project is said to embody the Arbor Hill Neighborhood Plan of 2003 by addressing all four areas of focus: housing, economic development, arts/culture/heritage, and quality of life.