Construction Watch: Club Utica Renovation

PUSH Buffalo’s Buffalo Neighborhood Stabilization Company has started working on an aggressive plan to renovate and/or building 46 new units of affordable housing in its Green Development Zone centered along Massachusetts Avenue.

A renovation of the former Club Utica building at 527 W. Utica Street at Braytown is already underway.

A lau...

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Lipke upbeat on Gibraltar’s growth

The recession took a huge toll on the various business segments of Gilbraltar Industries as it hunkered down, notably housing and infrastructure. The Buffalo-based company shuttered factories including reducing employees and overhead costs – all with the goal of generating cash it could use when things turned around.

Brian Lipke, the chairman and CEO of Gibraltar Industries Inc., gave a presentation at Gibraltar’s annual shareholders meeting today and said that things have turned around.

On the back...

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Construction Watch: The Planing Mill

The former E.M. Hager & Sons Planning Mill is currently under construction by TM Montante Development, who are converting the building into office and residential space.

C&S’s Buffalo is relocating their office to the 141 Elm Street location, doubling the size of the firm’s work space in the process. The balance of the building will be 22 loft apartments.

To power both comme...

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Our Lady of Lourdes Project Requires Rectory and School Demo

The Our Lady of Lourdes rectory and school at Main Street and St. Paul Mall is being planned to be demolished by Ellicott Development Company. On this coming Thursday, the Buffalo Preservation Board will consider the request. A “large multi-story building” is proposed for the site.

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Benderson buys Williamsville plaza

A Williamsville shopping center has been added to the vast real estate portfolio of Benderson Development Co.

The 57,000 sq.ft. Evanstown Plaza has been acquired by Benderson, buying it from First Amherst Development Group. Terms of the deal were not disclosed.

The tenants of the plaza includes Rite Aid pharmacy, BAC for Women, and M&T Bank.

Benderson vice president of development and leasing, Eric Recoon, said his company’s interest in the plaza was piqued when First Amherst decided to sell the property, which is located at the busy corner of Sheridan Drive and Evans Street.

Recoon said “We like the intersection and look forward to continuing to enhance the property in the future,” and added “It’s just a very good piece of real estate.”

[Buffalo Business First]

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David Sweet’s Downtown Properties are on the Market

According to several downtown sources, David Sweet has been quietly shopping his five downtown office buildings and a buyer is close to signing on the dotted line. The Buffalo News broke the news of Sweet’s intentions on Saturday:


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