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Project Name

Great Point Opportunity Fund B QOZLB, LLC


1155 Niagara Street
New York

Public Hearing Transcript

Amendatory Inducement Resolution

Project Details

The project will be constructed in two phases of approximately 55,000 sq. ft. each.  Phase I (referred to as “Studio One”) which constitutes this board action, will be constructed where projected end users will be film production companies creating digital content for film, television, and various streaming outlets.  Phase 1 includes 55,000 sq. ft. of television/film sound stages and studios with associated production and office facilities.  It is expected the facility will produce multiple television and film productions each year.  Operations will consist of shooting shows and films, recording sound for film and television, planning, designing and constructing film sets, lighting for film shoots, special effects preparation, costuming,  hair and make up, art direction and design, story boarding, production planning, film editing, food delivery casting, personnel management, financial planning and film direction.

Approximately 20,800 sq. ft. will be devoted to office space and the remaining 35,140 sq. ft. to production area.

Phase II which is expected to add an additional 55,000 sq. ft. is anticipated to be undertaken within one year of the completion of Phase I.

Upon full production capacity, annual job projections include 12 FTE’s.  According to the company’s projections, an additional 130 FTE’s would be employed should the facility attract 2 feature films and 12 TV movies.


Status Details

· 07/13/2020 - City of Buffalo as lead agency, adopts negative declaration in accordance with SEQRA.

· 07/28/2020 - Public hearing held.  

· 08/26/2020 - Lease/Leaseback Inducement Resolution presented to the Board of Directors