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Project Name

425 Michigan, LLC/Compass East

Address

425 Michigan Avenue
Buffalo
New York
14203

Project Details

The applicant was the sole bidder at an auction held by the US Bankruptcy Court on behalf of the former Sheehan Hospital.  The facility is a 137,000 sq. ft. hospital building located on 8.4 acres of land along Michigan Avenue and at the foot of Buffalo's East Side neighborhood.  The proposed project  is designed to transform the property into a community hub focusing on job training, workforce development and employment services under the STEM model (Science, Technology, Engineering and Mathematics).  The project includes a back office servicing tenant (Time Warner Cable) and residential units.

 

Status Details

07/15/2013 -  $21,086,889 Inducement Resolution passed by Board of Directors