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.

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