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Project Name

MSBP 251, LLC

Address

251 Main Street
Buffalo
New York
14202

Project Details

The proposed project entails the adaptive reuse of a 46,500 sq. ft. vacant structure located at 251 Main Street.  The property is an unoccupied commercial building known formerly as the Glenny/Dennis/Stanton Building.  The last tenant to utilize the building was Marine Midland Bank (HSBC) over 12 years ago.

Priam Enterprises, a real estate investor, developer, manager and member of the LLC is expected to lease 1,500 sq. ft. of commercial space in the building.

In addition, approximately 36 apartments will be constructed.  The 1 & 2 bedroom units will rent for approximately $1,275 - $1,995 per month.

 

Status Details

4/22/2015 - $8,195,110 Lease/Leaseback Inducement Resolution passed by ECIDA Board.