City September 17, 2009 11:50 AM

National Grid Gives Genesee Gateway a Boost

National Grid Gives Genesee Gateway a Boost
The Genesee corridor at the corner of Genesee and Oak, once a symbol of economic prosperity in Buffalo that has laid empty and dormant for decades, will soon return to prominence through the efforts of Genesee Gateway LLC.  And sharing in that goal is National Grid, who yesterday donated $200,000 to the project as part of their Main Street/Commercial District Revitalization Program.  The Buffalo Urban Development Corporation applied for the grant on behalf of the Genesee Gateway LLC. 

"This is the most complex project I've ever worked on," said Douglas Swift of the Genesee Gateway LLC.  "We're using more construction supervisors than ever," he added, owing to the sheer size of the nine-building complex.  He also noted that the project is incredibly important to Buffalo, giving him a certain sense of satisfaction in watching an important piece of downtown come together. 

Swift pointed out that the popularity of the project has elicited much interest from the private sector - without requiring much marketing - which hopefully equates to vendors pledging to rent space in the complex.  At the moment, no one has "signed on the dotted line."

"This project will be a symbol of economic development," said Janet Day, Trustee of the Margaret L. Wendt Foundation, the organization that donated $7 million to the initial project. 

National Grid Regional Executive Director of Energy Solution Services in Western New York Dennis Elsenbeck described the project as one with the right vision to make it work.

Construction is moving rather quickly, with a Winter/Spring 2010 completion date expected.

geneseeinterior3.jpg 
(Upstairs at the newly renovated Genesee Corridor.)

viewfromgenesee.jpg
(View of Chippewa and Theatre District from second floor)

geneseeinterior4.jpg
(Second floor with backwall removed for time being)

genesseeinterior1.jpg
(An engineer mulls over blueprints)

genesseinterior2.jpg
(Scaffolding around a century and a half old window hole)


(Dennis Elsenbeck gives $200,000 check to Janet Day of the Margaret L. Wendt Foundation and Douglas Swift of the Genesee Gateway LLC.)

(Cover:
Exterior of Genesee from their website)

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I cant say enough how much I love this project. I consider this one of the more important downtown projects in years. This totally re-creates the streetscape on an entire block that is incredibly prominent to anybody coming downtown. We alway say "build it to the curb". It doesnt get any better than this. Get some more apartments in the area and now we are really talking. Does anybody know the vacancy rate for downtown apartments, and at what point does the "market" (i.e. developers), in general connsider adding new apartments? What is considered a healthy market?

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I'm not sure anyone is doing a formal occupancy survey of downtown residential projects. The number I've heard kicked around is 95 percent occupied- Rocco's five buildings have few if any vacancies. The problem isn't so much demand if priced right- the issue is getting the numbers to work: High renovation costs vs. relatively low rental rates.

Agreed about the Gateway project- it may not be the tallest project downtown right now, but is arguably the most visible and a face-changer for downtown's image.

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i love this project. i think this is one of those projects that will also change the perception of the city. these buildings will look beautiful when complete. and hopefully they can attract some good solid retail.

i'm hopeful this will also kick start development in the immediate area. such as the adjacent corner.

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This project should've been done years ago, but I'm glad to see it finally done now. Whenever I come back to the city, I always take the 190 or the 33 (I don't take the Skyway on principle - tear it down!!), and whenever I come down 33, I get to see the progress their making on Genesee St. It's a welcome sight to see in a town that needs good news.

This truly is a sign of hope. You've got Larkin coming back, downtown getting a makeover (Courthouse, Avant, New Era, Statler) and now Genesee. Look at the developmental interest around Larkin now and what they're putting in. And not to mention the huge draw the Avant has brought to Delaware,. The same could very well happen to Genesee St given it's location.

Keep the faith everyone. You'd be surprised what a small group of dedicated people can accomplish. And it all starts with baby steps like this.

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It's projects like these that are going to bring this City back. Restoring historic properties to show what once was and what still can be is vital for the future here, I mean it can't all be vinyl victorians and parkings lots otherwise what legacy has been left? Great job so far on this project I just wish I had the money to rent out the old photo studio on the second floor :)

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$200,000 from a company that raises my rates and adds new fees to my bill every year. Nice.

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Right on. This is crazy. LOWER PEOPLES POWER BILLS!

replied to similitude
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Don't you think that it is more an investment in this area by National Grid? If this entire row of buildings is occupied, the tenants will be using electricity. If these buildings are occupied then it will encourage more development in the surrounding area. All those people will be using electricity. Get the idea?

replied to similitude
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Yep, I knew we couldn`t go through a posting with all positive comments. I was going through withdrawal there for a minute.

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Rightfully so. It wouldn't be Buffalo without the pessimists chiming in. And not just chiming in, but changing topics. I would say let's discuss our electric bills in a different posting and talk about Genesee St in this one.

replied to quesaisje2
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I agree. Damn those cinical idiots!

replied to SSGAndyJ
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It really is a much bigger issue than the mere few buildings of this Genessee Gateway project.

Most people see these buildings as highly visable at our eastern gateway...but these buildings and this gateway project only have meaning if we can have a discussion and see these buildings in context. Such as:
1) Genessee Street dead ends at the Hyatt Atrium, then the Convention Center, then City Court Parking Lot.
2) Genessee Street is castrated by crossing the invisable barrier Elm Oak Arteriole separating downtown from the near eastside neighborhoods.
3) the future of Genessee as a commuter and business corridor
4) the future of downtown growing east past the Elm Oak Arteriole
5) should Elm-Oak Arteriole be moved further away to say Michigan or Fillmore connecting the Kensington to I-190.
6) what should the fate of the other eastside historic buildings
7) what should we do with Broadway, Division, Swan, Seneca, Exchange, William, Sycamore, Spring, etc? Shirely the formula for Genessee can help these streets?

One cannot engage in the discussion if one only sees these buildings...as just these buildings and ignores everything surrounding them. There is a bigger picture. I encourage everyone to have a glass of wine and consider.

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