Calamar’s Proposed Project For Lancaster Development

calamar senior

Calamar has been eyeing Lancaster to add to its senior housing portfolio with a  newly proposed project.  The developer is looking to construct a 145,000-square-foot complex on eight acres of vacant land located at the corner of Walden Avenue and Juniper Boulevard. This will eventually house 120 apartments for residents who are 55 years of age or older.

The Wheatfield-based developer has proposed a $15 million Walden Avenue senior housing project in Lancaster and has already filed paperwork with the Lancaster Industrial Agency to look for incentives that will provide gap financing for his proposed project. It seems like the LIDA will likely consider the incentive request which would only cover mortgage recording taxes and cover sales when it meets in April.

The plans for this project would be likely similar to those in Wheatfield and Orchard Park, which have already been built by the developer.

[Buffalo Business First]

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