Real Estate May 19, 2009 12:00 AM

AM&A's Warehouse Conversion Underway This Week

AM&A’s Warehouse Conversion Underway This Week

Signature Development and Rocco Termini are at it again.  The pioneering downtown residential development team is starting work this week to convert the vacant AM&A's warehouses into to a mix of commercial and apartment space.  Bucking a slow economy and tight credit markets, the $11 million project is utilizing a complicated mix of financing including historic perservation tax credits and IDA incentives

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Signature is purchasing the properties from New Horizons Acquisitions which bought the former department store and warehouses in September 2006 for $2.05 million.  New Horizons' plan to convert the buildings into a mix of 180 apartments and ground floor retail have not come to pass.

Three, five-story inter-connected buildings fronting Washington Street, built between 1886 and 1911, two by architectural firm Esenwein & Johnson, will be converted into commercial space and 48 loft apartments.  A three-story addition constructed in 1965 at 34-42 East Eagle Street will be demolished to provide tenant parking (images below).  Debt collector Phillips & Burns has agreed to lease the office space.  The firm will relocate from Ellicott Commons and may add up to fifty new jobs. 

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The project is Signature's sixth downtown and largest to date.  Signature's portfolio includes Ellicott Lofts (38 units), IS Lofts (24), Oak School Lofts (29), Ellicott Commons (30), and the Webb Lofts (32).  Carmina Wood Morris, P.C., the architecture, engineering, and interior design firm on Signature's award-winning Webb Building conversion, is project architect. 

Get Connected: Signature Development, 716.861.5385

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It is official.  Rocco Termini and Signature Development have taken possession of the former AM&A's warehouses at the corner of Washington and Eagle streets.  The prolific downtown residential developers paid New Horizons Acquisitions $72... Read More

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Hurry, put signs on the buildings so Mayor Brown doesn't tear them down as a therapeutic demolition.

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Too bad they could not keep that 70's style warehouse for parking. The "building in a sea of parking" system of development currently in vogue among Buffalo developers is not healthy for the city over the long run.

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The AM&As building is actually 6 buildings (3 on Washington with the original independent facades and 3 on Main Street with a united internatonal style facade)

The AM&As building owner should take the 3 individually fronted buildings on Washington should be broken back up into 3 individual buildings and developed as residential or office.

This would allow the other 50% front Main to be developed as a seemless building.

They could even put an ellicott style atrium in the center with elevators and staircases.

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judging from the recent poll where BRO readers entered their ages, I guess I am among the few who remember the old store. Don't get me wrong, I am very happy to see the new incarnation of one of my most favorite buildings. But, I am struck with the return of old memories of my home store. Back in the day when I wanted to shop for clothes, My parents (from the age of 10) would allow me to spend 10 cents to ride the bus into downtown to buy my own clothes with the family charge-a-plate. There were no malls north of the city yet, so downtown was a very busy place. I can still remember the smells of the store, the well dressed, stuffy retail workers who waited on me, and the air of sophistication they presented. I loved going downtown and always felt safe there probably because it was. As s side note, I was always given three dimes per trip. Two of them were for bus fare coming and going. The other one for a telephone if I got lost. My further instructions were to never accidentally get off on the dangerous West Side. If I accidentally got a bus heading east (presumably a safer mistake), I was to ask the driver to put me on the right bus. Age 10.
This means that the store is never coming back ever. But, in the words of Martha Stewart, "It is a good thing."

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Wow, Pegger. Those are my memories too--I had the same three-dimes instructions!
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I was never allowed to go downtown alone though. My protective parents' idea of not being alone was to be with at least one other child! And we were to sit behind the bus driver as an added precaution.
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We'd get on the bus heading west then ride back heading east feeling and actually being safe!!!
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We were just kids but we felt adult walking into the elegant atmosphere that once was Adam, Meldrum and Anderson's--even today, saying it out loud feels special.

replied to Pegger
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Great news; I sure hope they can rent all 48 of those loft apartments when they are completed. I wonder what the current market is looking like for apartment rentals and condos downtown? Is there a high demand?

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This project is good news especially coming from Rocco Termini. He has done some nice work. I'm not a big fan of parking lots either but that ugly 70's style building belongs on the UB Amherst campus.

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Ouch... UB North can be quite beautiful... at night.

replied to Larkin[g Lot]
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these will make great living spaces, real loft s instead of loft "style". Pity about the parking lot though.

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not sure why you say pity about the parking...the add-on building is atrocious and parking, whether you like it or not, is a necessary evil. I lived for three years in a loft downtown where there was no parking provided to the tenants. Parking was a major head ache to say the least. Lets not forget that this project is on a bus route, which means virtually no street parking for half the year.

replied to onestarmartin
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Go Rocco go!

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I'm glad they're keeping the "AM&A's" sign. Nice idea, and sure to be a nice project for downtown.

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I am a firm believer that if you build it they will come. If you are looking for this sort of living situation, regardless of cost, and there is nothing available then why would you consider moving to this area? If you want people to buy a product it helps to have one available to sell. I hope this works out. Good luck fellas!

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It isn't that parking is unnecessary but how it is located and perceived around the city. Many developers see surface parking as the only option when looking at a project. The city also require individual projects to provide for their own parking instead of looking at the whole parking system as an infrastructure for downtown.


Probably 25-30% of the develop-able land in downtown (aka everything outside of ROW) is parking. There is plenty of parking in downtown, and in all parts of downtown. The problem is that it often locked up and unusable by people. Many offices just lot their lots after hours leaving the public to fight and scrap for what's left. We need to properly manage parking around the downtown core so that access to parking is available to everyone, not just individual projects.


Think of this housing project. When people leave for work (assuming they drive someplace) the lot will sit empty all day while the commuters coming into downtown don't have access to it. Same with bars and clubs. There is plenty of supply but the management of the resource creates the problem and leads to more buildings being demolished and fewer reasons for people to go downtown.

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Well, actually, this is a mixed use project with both commercial and residential uses occupying this space. I don't disagree that parking needs to be addressed from a comprehensive perspective, but as someone who actually lived downtown for 3 years, I can attest to the fact that parking is a much larger nuisance downtown than it is anywhere else.

Of course, I should point out that when a consultant report (which btw concluded we have an excess of overall parking downtown) recommended hiring a "parking czar" to orchestrate a comprehensive approach to parking downtown,, all of the typical arm chairchair planners on BRO went in full force attack mode - saying this was "mayor brown trying to fill some unneeded seat to knock down buildings and build parking lots". That was the discourse, and if i recall, "The Real Sbrof" was one of the loudest voices in making that argument.

replied to Sean Brodfuehrer
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i agree, steel. turn that old building into a ramp instead of knocking it down. ramps and parking lots are a disease of the mind in buffalo. and although i hate ramps, i'd rather see that building converted to a ramp (if possible) than yet another surface lot. i believe we have enough of those from the like, 90 percent of buildings demolished in the 40's - 60's for parking

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Great to see more building reuse downtown.
Sad that there will be another demolition for surface parking when there is an 8 story parking ramp across the street and a huge surface lot around the corner.
Let's try to be a little creative - or even thoughtful.

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Outside of the parking conversation, this is another great re-use project overall. Another 48 units and perhaps 65-100 residents in our downtown core can go along way to spurring new business ventures.


I just stopped into 2nd cup over the last weekend, then the Washington Market the weekend before and Feras in the electric tower. All these places are opening their doors along what is quickly becoming the residential corridor in downtown.


It is a wedge of buildings that were left standing between the Elm \ Oak devastation and the office that is between Delaware and Main. These streets have the resource to make projects like this possible. Existing buildings. Remember that except for the waterfront draw there is very little NEW construction for residential in downtown... mainly because new construction comes at a premium to renovation if you want a similar amount of space and character.

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I think we all would prefer to see parking structures to surface lots, but the cost is over ten times that of what a surface lot is. I imagine converting an old building like the 60s add-on to a parking ramp would be even more expensive. What this really comes down to is a realistic approach to economics in this City. This isn't to say we can't have good development here, because this is obviously an example of it. But we have to resign ourselves to the fact that the market demand in downtown Buffalo is not overly competitive, especially in this economy where banks are loath to lend. Did anyone ever stop to think that Mr. Termini most likely would not be able to secure financing for this project if it incorporated a $25,000 cost/space parking garage?

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Great news that Rocco is getting underway with this.


As for the 1965 building, I think the Eagle facade could have been kept and spiced up, and would have provided a nice screening of the parking lot from the street. Framework could have been kept which would have allowed some of the parking to be covered -- a plus in a snowy climate. In other words, I think that with some creativity, some of that building and streetscape could have been retained, and added value to the overall project.


On the other hand, I'd guess Rocco and the Carmina folks looked into this. I understand that the funding for this project was a bit touch-and-go after the enhanced preservation tax credits (which had been passed by both houses of the legislature) were vetoed by the Governor last year -- and I'm sure the tanking economy didn't help either -- so perhaps those funding constraints squeezed out the possibility of that kind of creative reuse. If so, it's a shame.

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Hey bflobr, I too have lived downtown for over 3 years in a building that doesn't offer parking for its residents, but there are 2 surface parking lots and a ramp on 3 sides of my building. Buffalo Civic Auto Ramps runs the ramp next door (as well as the ramp adjacent to this AM&A's project), where tenants in my building can park overnight from 5:00 p.m. until 9:30 a.m. on weekdays and all weekend long for $33.50/month. That is about the cost of one city parking ticket - well worth it. If you need to park outside of those hours, you can pay more. I rarely have trouble finding a free spot on the street if I need to stop home between 9:30 a.m. and 5 p.m.

While I agree that parking can be a nightmare downtown, you can't argue that there is an abundance of surface parking in the CBD. The city even allowed Ellicott Development to pave over a portion of W Mohawk for the Belesario's parking lot. What about bringing cars back to Main St? That portion of Mohawk could have been reopened. Where are the city's planners!!!??

I think that a comprehensive parking plan that takes the relatively recent influx of downtown residents into consideration would be in the best interest of our city. (i.e. if you want to encourage people to live downtown, develop a discounted parking program for downtown residents)

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Well said brando. In addition to the parking lot Im not to crazy about IDA funds being used for an apartment building. My understanding is that when the first lofts were proposed for downtown they were done with little or no subsidy. This was of course when many developers banks, and politicians said this type of housing was not a good fit for Buffalo. Now that that idea was rightfuly proved false and there is plenty of demand for this type of housing, why are we throwing handouts to encourage more? Isnt that backwards? If demand for lofts is strong then let the developer and the tennants pay the cost minus the just historic preservation tax credits.

Im still glad to see another building reused. And who knows maybe porjects like this will encourage more people to live in the city who otherwise would have lived in Lancaster. If that is the case then the IDA investment will be well spent after all. Rocco, [delete], has done a lot to help this downtown neighborhood.

replied to Brando
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As to subsidies, I share your misgivings regarding directing these to housing. But relatively early downtown apartment projects were definitely subsidized by local government. Carl Paladino received the Berger's building for free with money in tow for a brand new roof (claimed no other developer would take on the project without a free building and cash and the common council gave it to him). The Sidway was subsidized, too. I'm pretty sure the Ansonia was subsidized before them. At the time of the Sidway and Berger's conversions, the argument was that government needed to prime the pump or no private developers would take on the risk. But gov't is still priming.

replied to Armchair MBA
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Very true...and I wonder if the entire city shouldn't be primed using tax abatements for any new residential and commercial construction and renovation. Add a tax holiday for people who own pre-existing rehabs and new builds going back a few years to balance the political equation. While the city isn't cheap to run, bringing in an expanded tax base through attractive incentives would be very smart business. And outright subsidies should be reserved for historic preservation and big job generators only.

replied to biniszkiewicz
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I dont think First Amherst got much of anything for rehabing the Elk Terminal. That was the first one to open. I knew Ellicott Dev. got the Berger building for free but I didnt know the roof was rebuilt by the city. Thats a bit much when you consider how much the rent is there.

replied to biniszkiewicz
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^ feelings long lost in the walmart and target America of today.

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I've had mixed feelings regarding the use of tax credits and IDA incentives for housing development downtown. Consider, however, a possible (perhaps likely) alternative: gradual dilapidation, decline in property value, and eventually demolition at the expense of the taxpayer. I'd prefer renovation to the alternative in this case, and believe we likely scored a break in total cost sustained by the taxpayer in the long term.

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bflobr, is there were complaints from my about Brown hiring someone new it would be because he already doesn't listen to is actual planners, let alone us 'armchair' ones out there.


The city should have a comprehensive parking strategy but hiring a czar to make 80k a year only to have the mayor not listen to him either doesn't make sense.

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Next door to the AM&A's building, on Main St, is the Brisbane Building. I passed by today, and the red granite panels had been removed surrounding the entrance. Underneath, the original entrance is visible. It has two large columns, topped by an arch. On either side of the arch are two angel-like figures. It appears the crevices were filled with brick and mortar, and protruding pieces were chisled off. The entire thing was covered in granite slabs back then. Does anyone know if the original entrance is being restored? It is reminiscent of the Ellicott Square Building entrances.

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This is a great project; more like it please!!!!

Not to take away from this great idea, but WHY does every step forward come with a step back? Every project here in Buffalo comes with a parking not. This is NOT how CITIES are laid out!!! WHY waste the $11 mil creating critical mass and liveliness, and then PURPOSELY create a dead space next door?

A parking lot will only EVER provide parking. How many great businesses could that little building house that would be SO MUCH BETTER!

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This is the best news ever!!!!!!!!!!!! I love those buildings. Thanks to all who are responsible.

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