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Project Name

722 Group, LLC

Address

722 West Delevan Avenue
Buffalo
New York
14222

Project Details

The proposed project entails the adaptive reuse of the former City of Buffalo School 56 building.  The building is 69,000 sq. ft. and will include a residential and commercial component.  It is estimated the developer will construct 33 apartments containing studio, 1,2 and 3 bedroom configurations.  In addition, there will be approximately 10,000 sq. ft. of space for lease to not-for-profit entities in the basement and 1st floor level.  The apartments will range in size from  515 sq. ft. to 1,325 sq. ft. and rents will be in the $850 to $2,195 range.

School 56 has not been in service as a Buffalo Public School since September, 2011.

 

Status Details

10/21/2015 - $5,760,000 Lease/Leaseback Inducement Resolution passed by the Board of Directors.