<< Back to Current Projects

Project Name

Delaware North Companies

Address

250 Delaware Avenue
Buffalo
New York
14202

Project Details

It is contemplated Delaware North will be a leading tenant in the proposed  new facility being constructed at 250 Delaware Avenue by Uniland Development Company.  Delaware North's project is for the build out of approximately 100,000 sq. ft. of space in this new facility which will serve as its world headquarters.

Because Delaware North's current facility at Key Center does not meet the critical components for its long term growth plans, the expiration of its lease on August 31, 2015 creates an opportunity for Delaware North to move into a state of the art office complex to showcase its global sophistication to its national and international vendors and business partners.  In addition, the new facility allows the Jacobs family and senior management to recruit global talent for the new jobs being created.  The new building will facilitate technology research and development and promote green initiatives and, most importantly, skills training for its associates.  The building will be constructed to Silver LEED standards.  The project is located in a highly distressed census tract 165.

For global companies such as Delaware North, other viable alternatives exist.  Receipt of available incentives is a critical factor that would enable Delaware North to keep its existing world headquarters operations intact, and its incremental corporate growth in Buffalo for many years to come.

 

Status Details

11/18/2013 -  $17,152,000 Lease/Leaseback Inducement Resolution passed by ECIDA Board of Directors.