$1.82 billion in development for Niagara Falls area in the works.... (Buffalo: hotels, purchase)

[ckhthankgod]

Article from Buffalo Business First: https://www.bizjournals.com/buffalo/...illion-in.html

[Thundarr457]

Originally Posted by ckhthankgod

Article from Buffalo Business First: https://www.bizjournals.com/buffalo/...illion-in.html

If you are going to post these links please be aware we can't access them without a subscription.

[ckhthankgod]

Originally Posted by Thundarr457

If you are going to post these links please be aware we can't access them without a subscription.

You can, as long as you do not exceed the 3 article daily limit. I don’t have a subscription either, but I was able to view the list/slideshow of projects.

I’ll try to list them later.

[ckhthankgod]

Here is an interesting program within the city: https://www.livenf.com/


It would be nice to see more development on the city's Main Street.

[bmd69]

It needs it

[ckhthankgod]

Originally Posted by bmd69

It needs it

True...I believe the LiveNF program has been around for a while(about 7 years or so), but I wonder how many people have become a part of it.

[Thundarr457]

This is misleading because it consists of projects that have been completed and are mostly hotels. From the headline I expected 1.8 Billion of NEW projects starting now.

[ckhthankgod]

USA Niagara purchases NF parcel for $1.1 million: https://www.bizjournals.com/buffalo/...cel-for-1.html

[Thundarr457]

Originally Posted by ckhthankgod

USA Niagara purchases NF parcel for $1.1 million: https://www.bizjournals.com/buffalo/...cel-for-1.html

Why not just cut and paste, its easier for folks to read?

A vacant parcel on the edge of Goat Island is being eyed by USA Niagara Development Corp. for possible private sector development.

USA Niagara Development Corp., an arm of Empire State Development, agreed late Wednesday to purchase the 1.20-acre site from businessman Frank Deni. USA Niagara will pay $1.1 million, using Buffalo Billion II funds targeted for assisting Niagara Falls’ tourism industry, with a closing set for later this spring.

But, USA Niagara does not intend to hold on to the property, which is located where Buffalo Avenue and 1st Street intersect and near the American Rapids Bridge leading to Goat Island. The agency plans to begin the RFP process to find an interested developer.

“The former Porter property (named after a Niagara Falls family who owned the land between 1816 and 1885) is a unique site and played such an important role in the fabric of this community — sitting along the mighty Niagara River at the doorstep to Niagara Falls State Park,” said Chris Schoepflin, USAN president and Empire State Development Senior vice president. “A truly authentic, context-sensitive approach to its development on the city’s magnificent waterfront is fully consistent with Governor Cuomo’s tourism vision for Niagara Falls, would play to our regional strengths, and could provide yet another opportunity to differentiate our approach to the waterfront.”

The deal is part of a development strategy Cuomo announced last year to target vacant or under-utilized properties in and around Niagara Falls State Park for development.

Last year, USA Niagara named a Syracuse firm, Brine Wells Development, to oversee the development of the Hotel Niagara as part of the same strategy.

Deni bought the parcel more than 30 years ago but never developed anything on the site.
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[JH6]

Hyatt place is a decent hotel to stay at. More of a suite style hotel. This will be welcome as the hotel quality is lacking in the area.