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Old 06-05-2019, 01:51 PM
 
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McGuire, Savarino to redevelop 5 buildings at Richardson complex

Two Buffalo development companies have been selected by the Richardson Olmsted Campus to renovate five buildings on the historic Forest Avenue campus.

McGuire Development Co. will renovate a three buildings on the western wing, totaling 93,000-square-feet, into a “University-Based Retirement Community” where senior citizens can tap into courses and programs at the neighboring SUNY Buffalo State.

Savarino Cos. has been the designated developer for two buildings on the eastern side to create a live/work area that brings together professional work space and apartments for local artists.

The McGuire wing was built and designed Henry Hobson Richardson between the late 1800s and early 1900s as part of the Buffalo Psychiatric Center complex.

Richardson designed the 84,000-square-foot eastern wing between 1871 and 1881.

Both Savarino and McGuire have started a due diligence period that will determine the development cost and how many apartments can be developed in the buildings.

Mark Mortenson, Richardson complex executive director, said the developers have six months to complete their respective research.

“They really need to see what works,” Mortenson said.

The two projects follow the development of the Hotel Henry Urban Resort Conference Center, 100 Acres restaurant and Kitchens at Hotel Henry that served as the Richardson campus centerpieces.

“These represent the next chapter,” Mortenson said. “I consider both significant in terms of moving forward with the campus’ development.”

Five more buildings will be put out for development bids at a later date, Mortenson said.

Source: https://www.bizjournals.com/buffalo/...ldings-at.html
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Old 07-04-2019, 09:54 PM
 
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Closed private high school in Hamburg coming back as apartment complex: https://www.bizjournals.com/buffalo/..._news_headline
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Old 07-10-2019, 08:10 AM
 
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Albright-Knox, Elmwood Crossing to dominate July 15 planning board meeting(snippet): https://www.bizjournals.com/buffalo/..._news_headline

Elmwood Crossing information: https://www.elmwoodcrossing.com/
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Old 07-15-2019, 08:19 AM
 
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In North Tonawanda...

600 River Road Waterfront Apartments and Townhomes: https://www.bizjournals.com/buffalo/...promo_listings

More information: https://buffalonews.com/2017/10/26/r...-start-friday/

https://600river.com/
https://www.apartments.com/600-river...da-ny/s0yjcd6/
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Old 07-18-2019, 07:32 AM
 
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A related segment in regards to the Black Rock neighborhood...

Black Rock 'Food E' buildings are almost complete: https://www.wgrz.com/article/news/lo...ost%20complete
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Old 07-21-2019, 08:10 AM
 
Location: In the heights
27,781 posts, read 27,084,644 times
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Quote:
Originally Posted by Thundarr457 View Post
The entire project makes no sense. They add a tiny market and remove 375 parking spaces and build 200 apartments. As Carl Paladino says

"This is a fraud. This is an attempt to answer someone's desire. There's 375 parking spaces on that site. You're going to put 200 apartments there, and everyone's going to have a car. That's 575. Add it up, we don't have parking,"

It makes the city happy to have 200 lower income apartments but the parking is a huge issue. I worked 1/2 a block away and the parking was awful but at least I could park in that lot. With it gone and 200 apartments added its a recipe for disaster. Its not like its San Diego in the climate department. Walking a few extra blocks in the winter can literally take your breath away.

The original plan had underground parking but the new one does away with it.
Tiny market is better than no market. Pretty pleased with projects that get rid of surface parking lots downtown as there’s way too much of that now.
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Old 07-21-2019, 08:50 AM
 
Location: PVB
4,267 posts, read 2,257,161 times
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Quote:
Originally Posted by OyCrumbler View Post
Tiny market is better than no market.
Not if it precludes a larger market, which would be much better for the city. The Peace Bridge is better than no bridge, our run down obsolete convention center is better than no convention center, IMHO its this kind of thinking that has held Buffalo back for decades. Half steps mired in politics is the norm, unfortunately. OyCrumbler how long have you lived in Buffalo?
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Old 07-24-2019, 04:39 AM
 
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Brian Kulpa Talks Development, Infrastructure in Amherst: https://spectrumlocalnews.com/nys/bu...ure-in-amherst

Assemblywoman Monica Wallace Talks Cheektowaga Infrastructure: https://spectrumlocalnews.com/nys/bu...infrastructure
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Old 07-25-2019, 02:05 PM
 
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A related article...

Millrace Commons Construction Could Start This Year: https://www.buffalorising.com/2019/0...art-this-year/
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Old 07-25-2019, 02:41 PM
 
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Sinatra brings Pierce-Arrow redevelopment project for approval

More than 30 months after buying part of the former Pierce-Arrow Factory Complex – and two years after first proposing a project – Nick Sinatra is coming back to the city with his plan to convert the North Buffalo building into 72 new market-rate apartments.

Sinatra & Co. Real Estate and partner Barry Fichman are proposing to renovate the turn-of-the-century former factory – known as Building D of the larger complex – into a loft-style residential building with limited commercial space, according to documents submitted to the Buffalo Planning Board.

Located at 155 Great Arrow Drive, the building sits on 4 acres of a larger 6.68-acre site, and has been used for storage of classic cars and antique boats until now.

The developers will rely on state and federal historic tax credits to help fund the $15.3 million project, which will restore the four-story building's concrete frame and all of the original window openings, according to plans by Carmina Wood Morris PC. The developers also intend to install new aluminum windows to provide natural light while replicating the look of the original steel-sash industrial windows.

Crews will also repair and rebuild the driveway leading to the parking lot north of the building, which will also be rebuilt for 120 parking spaces. A large asphalt-paved open area to the south of the building will be turned into a landscaped circular yard with pavers and steps.

A rendering of Nick Sinatra's proposed redevelopment of Building D of the Pierce Arrow Factory Complex. (Courtesy of Buffalo Planning Board)

Sinatra acquired the property in December 2016, and submitted plans to the city for his venture in October 2017. He also applied for tax breaks from the Erie County Industrial Development Agency, which approved a package totaling $615,000 in sales and mortgage tax incentives.

At the time, his plans called for a mix of one-, two-, and three-bedroom apartments, ranging in size from 700 to 1,500 square feet. Rents had not been finalized, but Sinatra said then that they would likely vary from $1,000 to $1,500 per month.

The project was also slated to include 3,000 square feet of space for an "amenity-based tenant," plus tenant storage, bike storage and a mailroom.

Source: https://buffalonews.com/2019/07/25/s...-for-approval/
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