Phillips Lytle LLP is favoring relocating its offices in One HSBC Center one block to the south when its lease expires in 2013. The law firm is looking to anchor Benderson Development's proposed reuse of the vacant Donovan Building. The news comes as the Erie Canal Harbor Development Corporation's deadline for reuse concepts for the building is June 30. Benderson has long been interested in developing the former state office building, as have others including Ciminelli Development.
The Donovan site is one of four sites the law firm has been considering as its future home. Besides renewing at HSBC Center, Phillips Lytle has looked at proposals for new buildings at Main and Swan proposed by Ciminelli and for lower Delaware Avenue by Uniland Development. The company currently occupies 85,000 sq.ft. on six floors of HSBC Center.
The Buffalo News has the story:
Under the Benderson plan, Phillips Lytle would take up 85,000 square feet on four of the Donovan Building's eight floors. That's roughly the same amount of space it currently occupies in the tower, about a block away.
At one time, Benderson was reportedly collaborating with Ciminelli Development Co. on the project, but [managing partner David] McNamara said it's now acting alone.
Phillips Lytle's partners would still have to formally vote to approve the plan, including details of a lease with Benderson, but "if Benderson's proposal is accepted, we see the Donovan Building as our leading option," McNamara said.
He said the firm's partners have unofficially approved the selection. However, Benderson and Phillips Lytle still have to finalize the lease terms, and no partnership vote has yet been scheduled, he said. The firm also has other "acceptable options," McNamara noted.
HSBC Bank's lease in the tower also expires in 2013. The bank announced last week that it will not be relocating from the tower as it had been considering, but also has not extended its lease as it reviews its North American operations to increase profitability.
The Donovan Building at 125 Main Street contains eight floors and approximately 160,000 sq.ft. of developable space. It was acquired by ECHDC in 2008 and since that time $7 million has been spent remediating hazardous waste and materials including asbestos and completing interior demolition of the building.





Part of the problem with the existing Donovan Bldg. is that it is set back from the street.
This proposal does not address that problem, nor does it seem to offer mixed use at the first floor.
And finally, I have read the RFP, and have seen the Canal Side Design Guidelines. I don't see how this meets those requirements either.