The Rise at Pine Hills offers modern apartments in Pine Hills
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Rick Karlin
Oct. 29, 2021 Updated: Oct. 29, 2021 5:28 p.m.
1of12Exterior of The Rise Pines Hills, a new apartment complex on the site of the former Playdium bowling alley, on Friday, Oct. 29, 2021, on Ontario Street in Albany, N.Y.Will Waldron/Times UnionShow MoreShow Less
2of12Workout room in The Rise Pines Hills, a new apartment complex on the site of the former Playdium bowling alley, on Friday, Oct. 29, 2021, on Ontario Street in Albany, N.Y.Will Waldron/Times UnionShow MoreShow Less
4of12Community room inside The Rise Pines Hills, a new apartment complex on the site of the former Playdium bowling alley, on Friday, Oct. 29, 2021, on Ontario Street in Albany, N.Y.Will Waldron/Times UnionShow MoreShow Less
8of12Conference room in The Rise Pines Hills, a new apartment complex on the site of the former Playdium bowling alley, on Friday, Oct. 29, 2021, on Ontario Street in Albany, N.Y.Will Waldron/Times UnionShow MoreShow Less
10of12Community room inside The Rise Pines Hills, a new apartment complex on the site of the former Playdium bowling alley, on Friday, Oct. 29, 2021, on Ontario Street in Albany, N.Y.Will Waldron/Times UnionShow MoreShow Less
ALBANY - Transformation of the old Playdium bowling alley site into a modern 109-unit apartment complex was completed in June but the pandemic delayed commemorating that event until Friday. That was when developer Ryan Jankow as well as city officials cut the ribbon at The Rise Pine Hills on Ontario Street.
"Everything had been fully rented in June," said Jankow, whose Jankow Companies built the three-building complex.
Albany's Pine Hills neighborhood is predominantly single-family homes, but there is plenty of demand for rental apartments in this part of the city, especially for units with amenities, said Jankow.
Tenants at the complex range from working families to graduate and medical students to millennials and baby boomers.
The complex includes underground parking, a rooftop deck with grill stations, conference rooms and co-working spaces. Rents start at about $1,600 a month.
It also includes two retail spaces, a dog park, pet spa and fitness studios.
This will be the first of two apartment complexes Jankow is putting up in the area. The company is currently demolishing the site of the old post office across the street from St. Peter's Hospital to make way for The Rise at Midtown Square.
He expects that to open by spring 2023.
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Rick Karlin covers the environment and energy development for the Times Union. Has previously covered education and state government and wrote about natural resources and state government in Colorado and Maine. You can reach him at rkarlin@timesunion.com or 518-454-5758.