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Project Name

Orchard Heights, Inc.

Address

5200 Chestnut Ridge Road
Orchard Park
New York
14127

Project Details

Amended Project Description

The project description is being modified to include only one (1) 32-unit independent living apartment buildings instead of the two originally approved.  The net result is a decrease in the investment as well as the corresponding benefited amount.  The amount of the original benefit had been estimated at $3,790,000.  Because of the change in the investment, the current estimated benefitted amount has been reduced to $2,468,000; a reduction of 35%.

Original Project Description

The project consists of  the following: 1) expansion of the current assisted living facility to include a new wing of 41 assisted living units; 2) addition of two (2) 32-unit independent living apartment buildings: and 3) addition to the existing facility common area and dining areas to accommodate the increased capacity generated by the assisted living and independent additions and 4) updating and refreshing the existing facilities' resident rooms, hallways and activity spaces.

 

Status Details

7/15/2015    $18,700,000 Amendatory Inducement Resolution approved by ECIDA Board of Directors