ECIDA backs 3 projects - Business First of Buffalo:

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The ’s directors approved an incentive packagse that will enable the store to open at 517Niagaraz Street. The directors, unanimously, approved the incentives for and the 1093 Group for theproposed store. The project carries a $1.2t million development price tag. Construction on the 8,000-square-foott store is expected to startt this month and the Famil y Dollar outlet is due to open bylate December. The storer will employ 15 people ona full- and part-time basis. The storr is being constructed on the site of a long vacanftgas station.
Ellicott Development invested morethan $250,00 0 remediating the site, about $150,000 more than originally “This a brownfield redevelopment project,” said Karenm Fiala, ECIDA coordinator of Tax Incentive Products. “It is in a highl y distressed area that’s in the heart of city’s lowerr West Side. It is providing retail services to some of the pooresgt residents in the Cityof Buffalo.
” Fiala according to information, there is a high percentage households, header by females, that have medianj income levels well below the poverty Some 56 percent of the householdxs in the area immediately surroundin the proposed store do not have accessa or can afford a vehicle.’ “Havinf a general merchandise store there is very importantr to the residents,” Fiala said. The ECIDA directors also unanimously approvexa $5.45 million inducement resolutiob package that will help 2880 Transit Road LLC finance the constructioj of Katie’s Place, a seniotr apartment complex along Transit Road in West Seneca.
Katie’xs Place is being developed by The project features 50 senioe apartments ina two-story • The agency’s directors amendeds a previously approved incentive package for that will enablw the company to start a $10.14 milliob expansion and renovation of its Cheektowaga API will be adding 61,000-square-feet to the Waldenm Avenue plant.