This project involves acquiring and redeveloping an existing +/- 300,000 square-foot industrial facility to expand Wavepoint's third-party logistics (3PL) and value-added service operations. The facility will provide warehousing, inventory management, order fulfillment, packaging, and transportation coordination for regional manufacturers and distributors. The $25 million investment will modernize infrastructure, upgrade loading and dock facilities, and install advanced logistics and warehouse management systems. These improvements will significantly increase operational capacity, reduce handling and transportation costs, and enhance service reliability. The project will strengthen Wavepoint's competitiveness, expand its customer base, and position the company to capture additional market share in WNY’s growing logistics and distribution sector.

Project ECIDA History

• 12/02/25: Public hearing held.
• 12/17/25: Inducement Resolution presented to Board of Directors adopting a Negative Declaration in accordance with SEQRA or Minor Site Plan Review City of Buffalo Planning Board Approval – No SEQRA compliance required.
• 12/17/25: Lease/Leaseback Inducement Resolution presented to the Board of Directors