MCG Real Estate Holdings, LLC/McGuire Development
Address
293 Grote Street
Buffalo
New York
14207
Additional
Approval Date : 05-26-2021
Total Cost : $8,258,268.00
Total Cost : $8,258,268.00
Project Details
The project consists of the adaptive reuse of the former Buerk Tool facility on Grote Street in the City of Buffalo. The building has been vacant for 2 years and underutilized a total of 18 years.
The building, once redeveloped, will house 33 apartments. The developer has indicated 12 of the 1-bedroom units will be offered at 80% of the adjusted median income (“AMI”)
Project Files
Project Log:
Public Hearing Transcript:
Agent Agreement:
Inducement Resolution:
PILOT Agreement:
Economic Impact Analysis:
Status Details
04/26/2021 - Public hearing held.
5/26/2021 - Lease/Leaseback Inducement Resolution presented to the Board of Directors