BUFFALO | Development Thread - Page 100

lastcall4am · #**1981** Posted **Jul 8, 2009, 5:46 PM**

A++ for this renovation/reconstruction. Can someon post a before/after?

westcoastperspective · #**1982** Posted **Jul 8, 2009, 8:07 PM**

sullymon54 · #**1983** Posted **Jul 9, 2009, 2:43 PM**

The before picture also shows a bit of the old federal reserve before the New Era renovation. Dare I say this three block stretch from Niagara Square to Chippewa is going from drab...to fab?

I immediately apologize for that.

westcoastperspective · #**1984** Posted **Jul 10, 2009, 4:31 PM**

New rooftop patio at 95 Perry. Three of five of the lofts are leased:

http://www.buffalorising.com/2009/07...top-perch.html

Bison716 · #**1985** Posted **Jul 16, 2009, 12:05 AM**

BIG NEWS!

http://www.buffalonews.com/cityregion/story/733840.html

westcoastperspective · #**1986** Posted **Jul 16, 2009, 4:38 AM**

Additional good news- Redevelopment of the Arctic Freezer building along the 190 have started. Its going to be office space.

http://www.buffalorising.com/2009/07...y-thawing.html

Bison716 · #**1987** Posted **Jul 16, 2009, 3:44 PM**

I'm hoping the Casino can get going to really jazz up this part of the city. This new office building would be right across the street! Come on Senecas!!!

westcoastperspective · #**1988** Posted **Jul 21, 2009, 6:16 AM**

Another long-vacant building going residential- this one on W. Huron just a block away from Avant. Kissling is proposing eight units in the vacant Lake Hotel.

http://www.buffalorising.com/2009/07...continues.html

Bison716 · #**1989** Posted **Jul 21, 2009, 1:32 PM**

Neighborhood on the rise. Go Grant Street!

http://www.buffalonews.com/businesst...ry/737877.html

westcoastperspective · #**1990** Posted **Jul 30, 2009, 3:55 AM**

Another Rocco Rehab- For Commercial Space

Just minutes after Gov. David Paterson signed the tax-credit legislation Wednesday afternoon in the Buffalo and Erie County Historical Society, developer Rocco Termini confirmed he will move ahead with plans to convert an under-utilizied East Side warehouse into a high-tech business incubator that targets companies with connections to both the Buffalo Niagara Medical Campus and the University at Buffalo’s 2020 plan.

Termini said the $8.5 million project, set for a five-story, 65,000-square-foot warehouse at 127 Cherry St., would not have happened unless Paterson signed the bill. The legislation allows for tax credits up to $5 million for commercial projects or $50,000 for private residences, provided they involve the restoration of a historic structure.

“This is going to happen because of what was signed into law today,” said Termini, who hopes to begin work on the project by next spring.

http://buffalo.bizjournals.com/buffa...7/daily36.html

sullymon54 · #**1991** Posted **Jul 30, 2009, 1:30 PM**

Rocco is unstoppable, he's really pulling ahead and becoming the premiere downtown developer. Does anyone know him? Is he hiring?

westcoastperspective · #**1992** Posted **Jul 30, 2009, 3:24 PM**

Quote:

Originally Posted by sullymon54

Rocco is unstoppable, he's really pulling ahead and becoming the premiere downtown developer. Does anyone know him? Is he hiring?

He's almost a one-man show. If you call Signature Dev. to inquire about leasing- it is his cell phone! He has maintenance staff and office support (they are tied in with Burke Homes)- but I don't know if he has any assistants or anything like that. It would be a great company to work for.

BUFFALOVE!! · #**1993** Posted **Aug 7, 2009, 11:24 PM**

Cant believe this hasnt been posted yet even though i'm sure you all read buffalo rising or the news...

Construction begins on vascular center
The 10-story, $291-million vascular center is going up at Ellicott and Goodrich streets.

http://www.buffalonews.com/home/story/752786.html

UB wants medical schools downtown

http://www.buffalonews.com/home/story/756573.html

westcoastperspective · #**1994** Posted **Aug 8, 2009, 3:09 AM**

Quote:

Originally Posted by BUFFALOVE!!

Cant believe this hasnt been posted yet even though i'm sure you all read buffalo rising or the news...

Construction begins on vascular center
The 10-story, $291-million vascular center is going up at Ellicott and Goodrich streets.

http://www.buffalonews.com/home/story/752786.html

UB wants medical schools downtown

http://www.buffalonews.com/home/story/756573.html

It has been a good week for downtown.

Bison716 · #**1995** Posted **Aug 11, 2009, 1:40 PM**

http://www.buffalonews.com/145/story/760055.html

Now all we need is the Elmwood Hotel to get going!

westcoastperspective · #**1996** Posted **Aug 12, 2009, 4:42 PM**

Statler- $1.3 million

Bill Koessler, owner of Park Lane Catering; Richard J. Sterbin, a local real estate consultant; and Tom Zawadzki, a local mortgage broker, outbid a single other bidder for the property.

Koessler operates his catering business in the hotel's ballrooms and fashionable first-floor spaces.

The group plans to remodel the building with 235 hotel rooms, 111 apartments, two restaurants, a coffee shop, a jazz club and retail space. Sam Savarino of Savarino Construction will be the general contractor.

Plans call for asbestos removal to begin as early as September.

http://www.buffalonews.com/home/story/761667.html

sullymon54 · #**1997** Posted **Aug 12, 2009, 5:31 PM**

Excuse me if I don't bust out the champagne on this one. Personally I have to pessimistic about anything concerning the Statler. I don't think I'll be convinced until I see the first moving truck pull up and watch people bringing beds up on the elevators.

believeinbflo · #**1998** Posted **Aug 12, 2009, 10:23 PM**

the only thing fighting away the skepticism inside me is that this guy owns the big tennant of the building and has made great efforts to get bashar out of the statler and to give the building a fighting chance. in all honestly this is probably the best person for this project.

Bison716 · #**1999** Posted **Aug 13, 2009, 11:58 PM**

I agree. I believe the Statler will finally see its day! Imagine the buzz along Delaware, from a renovated Mix-use Statler, new Federal building, Avant, down to the Chip-district with 2-way traffic approaching that part of Main street roughly around the same time. The interest from outside investors will surly grow. Now if we can re-skin the convention center as we did with the Avant building. Now that would be great!!

SnugBuffalo · #**2000** Posted **Aug 17, 2009, 2:16 PM**

It is my sincere hope that the group succeeds. However, they need a financial horse with big dollars - "EQUITY" for those developers unfamiliar with this term. Without a personal financial stake of at least 25-30%, even the local banks will not back the project.

Would the group have bid-to-win if they did not have this equity partner? We'll have to wait and see.