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Project Name

380 Vulcan/Carrier Terminal Services, Inc / Speed Global Services


380, 400, 408, 416 Vulcan St,
New York

Public Hearing Transcript

Inducement Resolution

Economic Impact Analysis

Project Details

The company is looking to purchase and repurpose 170,399 sq ft (or 98% of the 176,399 sq ft) of space within the 21 buildings located at 380, 400, 408 and 416 Vulcan St in the Town of Tonawanda. Upon completing the renovation, which will be done in phases targeting a completion date of January, 2024 – the property will be used by Speed Global Services for warehouse and distribution uses. Nineteen of these buildings have been unoccupied and vacant for more than 6 years and are in need of major repair and updates in order to meet code.

Status Details

  • 6/27/22: Public hearing held.
  • 7/27/22: Inducement Resolution presented to Board of Directors adopting a Negative Declaration in accordance with SEQRA
  • 7/27/22: Lease/Leaseback Inducement Resolution presented to the Board of Directors