Buffalo City Tower
Encyclopedia
|
| Tutorials | Encyclopedia | Dictionary | Directory |
|
Buffalo City Tower
Buffalo City Tower as approved is a 40-story, mixed-use, tower aiming to be the tallest in downtown Buffalo, being developed by British property development company BSC Group, headed up by entrepreneur Bashar Issa. Details include: retail focused on the corner of S. Elmwood and Mohawk Street, 20 floors of office space at 24,400 GSF/floor, 10 floors of hotel totaling 300 rooms each at 380 ? 500 sq ft., and 10 floors of 80 condos each at 965 ? . Parking will be accommodated in three underground and six aboveground levels with a total of between 800 and 1150 spaces depending if stacking is used. Issa has also purchased the Statler Hotel, located across the street, and is investing $100 million in renovating that building to return it to its former glory. British developer Bashar Issa has sold the downtown Buffalo parcel where he proposed to erect the city's tallest building. Issa, who in April halted work on the historic Statler Towers citing cash flow problems, sold the proposed City Tower site for $2.15 million to Elmo Development LLC, a corporation tied to Buffalo restaurateur Mark Croce. He has since sold the Statler Towers as well. Croce currently leases the site, located at the corner of West Mohawk Street and South Elmwood Avenue, and operates it as a surface parking lot. Croce, owner of the Buffalo Chop House and several other downtown restaurants and bars, could not be immediately reached to comment. Issa, who floated plans for a 40-story, $361 million mixed-use complex, bought the surface parking lot for $1 million in June 2006. See alsoExternal links
Source: Wikipedia | The above article is available under the GNU FDL. | Edit this article
|
|
top
©2008-2009 TutorGig.com. All Rights Reserved. Privacy Statement