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Project Name

Richardson Center Corporation

Address

400 Forest Avenue
Buffalo
New York

Project Details

The proposed project involves the total rehabilitation of the Towers Administrative Building and the two adjacent former ward buildings to the east and west, for use as an upscale boutique hotel, conference and event space and an architecture center for Buffalo.  The hotel will contain approximately 90+/- rooms with the potential to add an additional 30 rooms.  The hospitality center will be leased to a private operator who will be responsible for all aspects of the operation.   This redevelopment represents 1/3 of the total historic buildings or approximately 150,000 sq. ft.  The remaining buildings have been stabilized pending future opportunities.

 

Status Details

06/17/2013 - $55,153,782 Inducement Resolution passed by Board of Directors