New Exchange St. office building planned

[steven]

The development group that successfully converted a 600,000-square-foot warehouse on Exchange Street in Buffalo to a Class-A office building is planning a new-build project across the street.


CityView Properties, which took the commercial development community by surprise by filling all but 50,000 square feet of the sprawling Larkin at Exchange building in just less than four years, now plans a three-story, 75,000-square-foot office building at 725 Exchange St. The development team, led by Howard Zemsky, is seeking $8 million from the Erie County Industrial Development Agency to aid the $13.5 million project.
Zemsky could not be reached to comment.

Documents filed with the ECIDA describe Mill Race Commons as a Class A office building that will complement the much larger Larkin at Exchange located directly across the street. CityView anticipates the new building will create 10 to 20 new jobs, and attract some 300 to 500 workers to what Zemsky calls the "Larkin District."
CityView has not revealed whether they have a specific tenant planned for the new office building.

http://www.buffalonews.com/editorial...10/1063214.asp

[therising]

These folks, along with First Amherst, do the types of projects that every so-called developer in this area should aspire to.

It takes a lot more guts, and foresight, to do this than to build a Wal-Mart on Transit Road.