The deal to bring the oft-discussed Bass Pro Shops Outdoor World to Buffalo's waterfront is poised to come together Friday morning.
The Erie Canal Harbor Development Corp.'s directors will gather for a special meeting at HSBC Arena -- the first time they have formally met since December and also the first meeting under the tutelage of Gov. Eliot Spitzer and his new economic development team. The session has been called to approve what is described as a "pre-development agreement."
The pact is akin to a formal development agreement with the only hurdle to be cleared a standard environmental review of the proposed site of the store. The location is the former Central Wharf site, just south of Memorial Auditorium and overlooking the Erie Canal terminus.
Sources said construction could start by next spring on the 150,000-square-foot store that will be designed with a late-1800s motif that ties in with the history of the Erie Canal. The store is projected to open by the summer of 2009.
Harbor District Associates LLC, an affiliate of Buffalo-founded Benderson Development Co., will serve as the project's developer. Benderson, in December, was named the designated developer for the retail component of inner harbor area that the corporation is overseeing.
Friday's agreement is viewed as a binding pact. Bass Pro is slated to receive some $25 million in state and local incentives. In return, Bass Pro has agreed to pay $300,000 annually to help other efforts under the harbor development corporation's domain.
Buffalo is slated to receive $10 million -- roughly half of the estimated demolition costs for the Aud. The rest is expected to come from federal sources.
http://www.bizjournals.com/buffalo/s...l?surround=lfn
People who wonder if the glass is half empty or full miss the point. The glass is refillable.
Buffalo, NY (WBEN) - Congressman Brian Higgins confirms for NewsRadio 930 WBEN a deal that would see a Bass Pro Store built along Buffalo's waterfront has been reached. The Erie Canal Harbor Development Corporation will vote on the deal Friday morning. Click on the audio link to hear WBEN's Randy Bushover talk to Congressman Brian Higgins about the deal. Stay tuned to newsRadio 930 WBEN for developing details.
Congressman Brian Higgins
Exclusive WBEN Windows Media Audio
People who wonder if the glass is half empty or full miss the point. The glass is refillable.
Just like Wal-Mart, Bass-Pro has a greeter at the doors.
Another Bass Pro announcement ... YYYYAAAAWWWWNNNN!
Since this isn't going to be the great tourist mecca as the original, do they still get all the big public $$$?
Your right to buy a military weapon without hindrance, delay or training cannot trump Daniel Barden’s right to see his eighth birthday. -- Jim Himes
article states BP will receive $25 million for construction. Bass Pro will pay $300,000 per year towards Harbor development.
I don't think they stated how much BP is spending on initial development...
We'll find out more tomorrow I guess.
I am curious as to how long they will pay the $300k. 1 year - 10 years or permanently.Originally Posted by 300miles
probably till they go out of business in a couple years.
$25 million for basspro? if it is a profitable business, why do they need the aid? didn't they build one in pittsburgh without asking for any "incentives"?
One beautiful thing about having a government of the corporations, by the corporations, and for the corporations is that every disaster is measured in terms of economic loss. It's sort of like getting your arm sheared off in a car accident and thinking, "Damn, now it'll take longer to fold the laundry" as blood spurts from your arteries. - The Rude Pundit
BTW....who eats anything out of that bacteria bowl commonly referred to as "Lake Erie"?
They close the beaches almost every summer for awhile because of combined/sanitary sewer overflows which causes high bacteria levels making it unsafe to swim in.
The difference between taxes and robbery is the mode of coercion.
Also interesting is the cost to demolish the Aud has grown considerably.... approx $20 million.
No wonder BP didn't want use the Aud site...
ahem... i said pittsburgh, not harrisburg.
One beautiful thing about having a government of the corporations, by the corporations, and for the corporations is that every disaster is measured in terms of economic loss. It's sort of like getting your arm sheared off in a car accident and thinking, "Damn, now it'll take longer to fold the laundry" as blood spurts from your arteries. - The Rude Pundit
Why can't they get the company the Seneca's used to demolish where they are putting the casino?
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We already have enough tackle shops in WNY. Hell, Kmart has great stuff as well. Mobil Gas Stations sell bait for crying out loud.
This store will go under with-in a couple of years.
Would they charge less?
Washington County is about 10 minutes from the Pitts.
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