Downtown museum project moves to construction; Davis Exchange redevelopment reports progress

Feb 3, 2026

City staff and museum officials said the Albany Museum of Art downtown project is on schedule with LRA Constructors selected and a $22.9 million construction cap; the Davis Exchange development is roughly 15% complete with 56 total residential units planned across two buildings.

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Officials updated the Albany City Commission on two major downtown projects during the Feb. 3 work session: the Albany Museum of Art adaptive-reuse project and the Davis Exchange redevelopment.

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