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Project Name

570 Associates VI, LLC (Garden Village Plaza)

Address

Union & French Roads
Cheektowaga
New York
14224

Public Hearing Transcript

1st Amendment to Agent Agreement

Project Details

 

The Garden Village Plaza was constructed in the 1970's as a retail facility and encompasses 178,000 sq. ft.   The developer plans to demolish 88,000 sq. ft. of the plaza and renovate the remaining 90,000 sq. ft.  When complete, the entire complex will consist of 355,000 sq. ft., spread among 4 buildings, which will be used as a warehouse and distribution complex.  Since no tenants have yet been identified, the building should be considered a "spec" project.  The site has been vacant for over a decade and recently rezoned for warehouse/light manufacturing uses. 

 

According to the developer there is an ever increasing demand for more manufacturing and warehouse space in the metro Buffalo area.  According to a 2016 Buffalo Business First article, "vacant office, industrial and retail space continues to decrease in Buffalo".

 

Status Details

 2/22/2017 - $20,745,000 - Lease/Leaseback Inducement Resolution passed by the ECIDA Board of Directors