A consultant hired by Buffalo Mayor Byron Brown released his recommendations for ‘inclusionary zoning’ in Buffalo and says the city should consider a voluntary and subsidized package to offer developers.
Currently in its fourth year, the Buffalo Building Reuse Project (BBRP) loan fund has proved to be an important catalyst for downtown development. Thanks to a recent infusion of $10 million from five local banks – Evans Bank, M&T Bank, First Niagara, HSBC Bank and Key Bank, as well as the New York Business Development Corporation – the program is now stronger than ever. These funds represent a major investment for downtown Buffalo and a huge boost to the BBRP loan program.
The Riverbend development, at the former Republic Steel site in South Buffalo, is a transformative project for Buffalo and Western New York.
SolarCity has committed to investing $5 billion over the next decade on a solar panel manufacturing facility expected to generate 3,000 jobs. New York State has also committed $750 million to the project.
With the arrival of spring comes the arrival of event season here at the Partnership.
One of our biggest and most anticipated events of the year, HobNob, is just around the corner and we have been hard at work to make this year’s event different from previous years.