Legislation Details

File #: TMP-7401    Version: 1 Name:
Type: RLA Status: Agenda Ready
File created: 4/27/2026 In control: Audit and Finance Committee
On agenda: Final action:
Title: Request to enter contract with the Advance Albany County Alliance regarding the former McDonald's building at 106 S. Pearl St.
Attachments: 1. Cover Letter, 2. RLA Form 7401
Date Ver.Action ByActionResultAction DetailsMeeting Details
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REQUEST FOR LEGISLATIVE ACTION

Description (e.g., Contract Authorization for Information Services):

title

Request to enter contract with the Advance Albany County Alliance regarding the former McDonald’s building at 106 S. Pearl St.

body

 

Date:                                                                April 27, 2026

Department:                                          Management and Budget

Attending Meeting:                     Dave Reilly, Ann Marie Salmon

Submitted By: Martin Dolan                     

Title:                                            Grants Specialist

Phone:                       518-447-3019

 

Purpose of Request:  Contract Authorization                         Enter text.

 

CONTRACT TERMS/CONDITIONS:

Party Names and Addresses:
Advance Albany County Alliance; 111 Washington Ave., Suite 100, Albany NY 12210

 

Term: (Start/end date or duration)                      May 1, 2026 - December 31, 2027                     

Amount/Raise Schedule/Fee:                                          Not to exceed $1,500,000

 

BUDGET INFORMATION:

Is there a Fiscal Impact:                                                                Yes No

Anticipated in Budget:                                           Yes No

Spreadsheet attached:                                          Yes No

 

Source of Funding - (Percentages)

Federal:                     Enter text.                      County:                      100%

State:                                           Enter text.                      Local:                                          Enter text.

 

County Budget Accounts:

Revenue Account and Line:                                           Enter text.

Revenue Amount:                                                                                      Enter text.                     

Appropriation Account and Line:                                           A9 1432-44094-10000

Appropriation Amount:                                                                Not to exceed $1,500,000

 

ADDITIONAL INFORMATION:

Mandated Program/Service:                                          Yes No

If Mandated, Cite Authority:                                          Enter text.

Request for Bids / Proposals:

                     Competitive Bidding Exempt:                     Yes No

# of Response(s):                                                               Enter text.

                     # of MWBE:                                                                                    Enter text.

# of Veteran Business:                                          Enter text.

Bond Resolution No.:                                                               Enter text.

Apprenticeship Program                                                               Yes No

 

Previous requests for Identical or Similar Action:

Resolution/Law Number and Date:                     n/a

 

DESCRIPTION OF REQUEST: (state briefly why legislative action is requested)

The Department of Management and Budget requests to enter contract with the Advance Albany County Alliance regarding the ongoing development of the former McDonald’s building at 106 S. Pearl Street.

 

The former McDonald’s site will be transformed into a modern, centralized intercity bus terminal through a Design-Build project. Serving regional bus carriers such as Greyhound, Adirondack Trailways, and Peter Pan Bus Lines, the facility will provide enhanced passenger amenities and improved connectivity to Capital District Transportation Authority routes, while helping to revitalize a key gateway to downtown Albany. This project will be incorporated into Governor Kathy Hochul’s recently announced Downtown Albany Strategy as part of the $200 million downtown revitalization initiative. The facility will feature a climate-controlled passenger waiting area, ADA-compliant restrooms and entryways, ticketing counters and self-service kiosks, a public safety/ law enforcement office, secure luggage and driver facilities, dedicated bus bays and loading zones, opportunities for retail use, and exterior site improvements including upgraded lighting, landscaping, and enhanced pedestrian safety measures. In addition to improving the travel experience, the project is expected to deliver meaningful benefits to the surrounding neighborhood by activating an underutilized site, increasing foot traffic to support local businesses, enhancing public safety through increased presence and infrastructure, improving streetscape aesthetics, and strengthening overall connectivity between downtown Albany and the broader Capital Region.  The Alliance will host two community meetings to incorporate public input into the design phase.