An Amherst financial services firm received a $24,000 incentive package from the Erie County Industrial Development Agency to relocate its headquarters to 600 Delaware Avenue.
Alliance Advisory Group, Inc. and 600 Delaware, LLC are investing $2.7 million to purchase and rework vacant space which was formerly home to Rural Metro Ambulance. The 21,300 sq.ft., two-story building was built in 1962 and is currently owned by DANFB Associates, LLC, an affiliate of Benderson Development.
From The Buffalo News:
This is an adaptive reuse project on a building that has been vacant for eight years," said Karen M. Fiala, the IDA's assistant treasurer.
Because the project involves incentives for a company moving from one local community to another, IDA officials contacted Amherst representatives about the project, but no objections were raised, said John C. Cappellino, the IDA's executive vice president.
The project is expected to create 15 jobs within two years, boosting Alliance's employment from the 35 people it employs at its current office at 350 Essjay Road to 50.
"This is a great project," said Buffalo Mayor Byron W. Brown.
Alliance Advisory Group is a financial services firm headquartered in Amherst with additional offices in Rochester, Syracuse and Jamestown. It is one of the top 100 private companies and one of the largest independently-owned financial services firms in Western New York according to their website.