Ohio-based development group Miller-Valentine is negotiating to acquire the A&P Warehouse building on Swan St in Buffalo (Erie County) with the intent of investing more than $26.4 million to renovate the 240,000-square-foot building into a residential-anchored development with at least 120 market-rate apartments.
Ellicott Development co. plans to begin construction in the spring for its latest mixed-used $10 million project in Buffalo (Erie County). The Buffalo Planning Board unanimously approved the plans for the companies L-shaped, four-story building in the city. The building will include a restaurant, 21 market-rate apartments and some additional street-level retail. The restaurant, which will be operated by local restaurateurs Henry Gorino and Chuck Mauro, hope to employ as many as 85 workers at the still to be named restaurant. Ellicott Development hopes to have the building tenant-ready by early 2016.
Canadian buyer Zoran Cocov has been approved for a five-year tax break to help him make repairs to the Summit Park Mall in Wheatfield (Niagara County). The developer plans to invest at least $17 million into the property to make it a mixed-use recreational and retail attraction.
Carubba Collision Corp. is expanding into Jamestown (Chautauqua County). The company recently acquired the former Gary’s Carstar, which has been in operation for 21 years. Carubba plans to retain the 15 employees that work at the facility and hopes to add 10 more once the facility’s expansion plans are completed around February of 2015.
Construction of a nine-story, 194-room DoubleTree by Hilton hotel in Niagara Falls (Niagara County) has officially started. The $27 million project is expected to open by May 2016.
The Flexovit Plant in Angola (Erie County) is dealing with major damage from the November winter storm. The roof over the manufacturing facility collapsed under the weight from the massive snowfall. The plant’s more than 140 employees have been out of work since early last week and will find out later this week if they can return to work or of they will be out of a job until the plant is repaired.
Nothing to report.
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