Lockport development (Buffalo: section 8, for sale, apartments)

[ckhthankgod]

Originally Posted by ckhthankgod

A key piece of this article: "GM also plans to hire roughly 230 new union employees between 2023 and 2026 at the Lockport plant to build the modules. The nearly 1,300 current UAW members who are employees will continue to make parts for the internal combustion engines for now."

Also, Niagara County’s Bison Bag Co. set to expand, create new jobs: https://spectrumlocalnews.com/nys/bu...reate-new-jobs

[ckhthankgod]

Where things stand with Catholic Health's Lockport Memorial Hospital: https://buffalonews.com/business/loc...ome-the-latest

[ckhthankgod]

Includes other development in Niagara County...

New housing, retreat center, apartments planned for Niagara County: https://buffalonews.com/business/loc...085193120.html

[ckhthankgod]

GM Lockport expansion gets low-cost power: https://buffalonews.com/business/loc...67bc94b8c.html

[ckhthankgod]

^More on the previous post…

NYPA hydropower allocation to support creation of 200 jobs at General Motors Plant in Lockport: https://www.wnypapers.com/news/artic...nt-in-lockport

From the article: “The New York Power Authority board of trustees approved a low-cost hydropower award to General Motors Components Holdings, a subsidiary of General Motors, that will support nearly 1,450 jobs – 200 newly created – at its plant in Lockport. The Niagara hydropower will support a $137 million investment by the firm that will enable the production of critical components for electric motors at its Western New York location.”

[bmd69]

They can’t even fixed the streets here. Potholes all over. Invest here why.

[ckhthankgod]

Wind turbine manufacturer wants to bring its foreign production to Lockport: https://buffalonews.com/business/loc...fcbb27ee0.html

[ckhthankgod]

Lockport apartment complex sold for $16.215M: https://www.bizjournals.com/buffalo/...-to-begin.html

from the article: "A New Jersey-based real estate investment and management firm has closed on a deal to buy the Urban Park Towers complex in downtown Lockport.

In a series of transactions filed Feb. 17 in the Niagara County Clerk’s office, OAHS Urban Park Housing Development Fund Corp. and OAHS Urban Park TC LLC – both affiliates of Englewood Cliffs, N.J.-based Orbach Affordable Housing Solutions — paid $16.215 million for the 150-unit Urban Park Towers at 77 Main St.

The building had been owned by LH Urban Park Towers LLC, according to the filings.

The deal is part of a $72 million deal by Orbach Affordable Housing Solutions to acquire and renovate the Urban Park Towers and the Niagara Towers apartments in Niagara Falls.

Orbach will spend $33 million to buy and renovate Urban Park Tower apartments. Renovations started this winter.

Both projects received a series of tax breaks in 2022 from the Niagara County Industrial Development Agency.

Orbach, which often works on low to moderate income housing projects, has a similar project under way in Erie County with a $25 million deal connected to the Tonawanda Towers in the City of Tonawanda."


Also..."Brotherhood L.P. of Orange, Conn., paid $115,000 for a 7,209-square-foot, mixed-use building at 69 Simonds St., City of Lockport, buying the property from Barbara Benedict of Buffalo, according to Feb. 17 filings in the Niagara County Clerk’s office."

[ckhthankgod]

Marrano buys last of land needed for Heather Woods in Lockport: https://buffalonews.com/business/loc...50d2dab20.html

[ckhthankgod]

I wonder what will happen with the building?

Eastern Niagara Hospital to close in June, ending a century of service in Lockport: https://buffalonews.com/business/loc...f73d2a4dd.html