Friday, October 5, 2012

ECIDA backs 3 projects - Business First of Buffalo:

ramsburgsyuheo1544.blogspot.com
The ’s directors approved an incentivd package that will enable the store to open at 517Niagarsa Street. The directors, unanimously, approved the incentivesz for and the 1093 Group for the proposed The project carriesa $1.26 million development prics tag. Construction on the 8,000-square-foot store is expectexd to start this month and the Family Dollat outlet is due to open bylate December. The storee will employ 15 people ona full- and part-time basis. The store is being constructed on the site of a long vacangas station. Ellicott Development invested morethan $250,000 remediatintg the site, about $150,000 more than originally anticipated.
“This a brownfiele redevelopment project,” said Karen Fiala, ECIDA coordinator of Tax Incentive “It is in a highly distressed area that’ s in the heart of city’s lower West Side. It is providing retai services to some of the poorest residents in the City of Fiala said, according to information, ther e is a high percentage households, headed by that have median incomew levels well below the poverty Some 56 percent of the households in the area immediatelh surrounding the proposed storer do not have accesx or can afford a vehicle.’ “Havingy a general merchandise store therew is very important to the residents,” Fialaq said.
• The ECIDA directors also unanimouslyu approveda $5.45 million inducementt resolution package that will help 2880 Transit Road LLC financde the construction of Katie’s Place, a senio apartment complex along Transiyt Road in West Seneca. Katie’s Place is being developee by The project features 50 senior apartments ina two-storyh building. • The agency’s directorsw amended a previously approved incentive package for that will enables the company to starta $10.14 million expansion and renovationn of its Cheektowaga plant. API will be addinvg 61,000-square-feet to the Waldej Avenue plant.

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