Public Hearing - 637 Linwood LLC/1275 Delaware, LLC

Tue Feb 25th, 2020 - 10 to 10:15 am
At ECIDA Offices - 95 Perry Street, 4th Floor Conference Room, Buffalo, NY 14203

NOTICE OF PUBLIC HEARING

 

            Pursuant to Article 18-A of NYS General Municipal Law, the Erie County Industrial Development Agency (the “Agency”) will hold a public hearing on February 25, 2020 at 10:00 a.m. at the Agency’s offices, at 95 Perry Street-Suite 403, Buffalo, NY 14203 regarding:

 

637 Linwood LLC, 1275 Delaware LLC, and/or Individual(s) or Affiliate(s), Subsidiary(ies), or Entity(ies) formed or to be formed on its behalf (the “Company”), have submitted an application to the Agency (a copy of which is on file at the office of the Agency and listed on the Agency’s website) requesting the Agency to undertake a certain adaptive reuse project (the "Project") consisting of:  (i) a 0.56+/- acre parcel of land located at 1275 Delaware Avenue, City of Buffalo, Erie County New York (the “Land”) together with an existing 50,000+/- SF 6-story multi-tenant building (the “Existing Improvements”); (ii) the renovation, upgrading and equipping of the Existing Improvements thereon to consist of 9,000+/- SF of ground floor and garden level space dedicated to commercial space for professional services or back office use, along with 1,000+/- SF dedicated to a food service component off of the lobby in the original diner/café space, and 40,000+/- SF of market rate residential units in the upper floors of the building consisting of twenty-two (22) one bedroom units and eleven (11) two bedroom units (the “Improvements”); and (iii) the acquisition and installation by the Company of certain items of machinery, equipment and other tangible personal property (the “Equipment”), and collectively with the Land, the Existing Improvements and the Improvements, the “Facility”).

 

The Agency will acquire a leasehold interest in the Facility and lease the Facility back to the Company.  The Company will operate the Facility during the term of the lease.  At the end of the lease term, the leasehold interest will be terminated.  The Agency contemplates that it will provide financial assistance to the Company for qualifying portions of the Project in the form of sales and use tax exemption benefits and mortgage recording tax exemption benefits consistent with the policies of the Agency.

 

A representative of the Agency will be present at the above-stated time and place to present a copy of the Application and hear and accept written and oral comments from all persons with views in favor of or opposed to the proposed financial assistance.  This public hearing is being live-streamed and made accessible on the Agency’s website at www.ecidany.com.   Written comments may be submitted at this public hearing, submitted on the Agency’s website, or delivered to the Agency at 95 Perry Street-Suite 403, Buffalo, NY 14203 until the comment period closes on March 24, 2020.  The project application is available for public inspection at the Agency’s offices Monday through Friday (excluding public holidays) from 9:00 a.m. until 4:00 p.m.

This public hearing is being conducted in accordance with Subdivision 2 of Section 859-a of the New York General Municipal Law.

Click here for a copy of the Application 

Click here for a copy of the transcript

For live streaming of the public hearing click here: https://www.ecidany.com/streaming

 

If you would like to submit a comment regarding the project, please use the form below.  Alternately, you mail also e-mail us directly at info@ecidany.com.  Comments will be accepted up until March 24, 2020 at 4:00 p.m. 

 

 

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