Century City Lofts Project Unveiled

The Belesario and Holling Place are getting a new residential neighbor. Rocco Termini and Signature Development are taking their show to Main Street’s 500 block for their latest project. Century City Lofts will include 40+ residential units and ground floor retail on a long-struggling block downtown. The infill project will incorporate five properties including the Stewart & Benson Travel building at 501 Main Street along with the vacant Century Theater lot. Structured parking will be constructed to the rear. Carmina & Wood, P.C. is the architect.
Sharon Linstedt at the News breaks the exciting story:
Downtown loft project unveiled for Buffalo's Main Street
A Buffalo developer has unveiled a $15 million plan to convert a string of badly faded buildings in the 500-block of Main Street in the heart of downtown to housing and mixed commercial use.
Rocco Termini of Signature Development today revealed plans to convert five buildings and the former Century Theater site … stretching from 501 to 515 Main St. … to residential use with first floor commercial space. The Century City Lofts project will also include construction of a multi-level parking structure on what is now a surface lot behind the dilapidated structures, along Washington Street. A total of 42 apartments is planned.
Main image credit: John Straubinger

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I think that I would like to start off this post by commending the three Common Council members who were bold enough to ask for today's bizarre Waterfront Village decision to be tabled. David Franczyk, Mickey Kearns and Mike LoCurto all stuck to their guns when it came to holding off on making any hasty (and potentially tragic) decisions regarding our waterfront. Unfortunately, their headstrong stance was outweighed by the rest of the BURA committee, and the rumors are flying as t …
A development team has been selected for a vacant commercial site in Waterfront Village. Finally. The Buffalo Urban Renewal Agency this morning named Specialty Restaurants Incorporation as preferred developer for the prime 1.4 acre parcel at 10-15 LaRiviere Drive. The owner of the adjacent Shanghai Red’s restaurant is proposing an uninspired, four-story, 100 room Wingate Inn.





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MJWorthington
Will the alley remain there for Thursday in the Square patrons will full bladders heading over to Chippewa?
Any renderings yet? I guess from the article I'll have to wait till tomorrow.
Great news!
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Hospitable
Well well well... if traffic ever comes back to main street we should see announcements like this once a week. Rocco and Carl...excellent work this month!!
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al-alo
man, i bet you can see that red arrow from space. funny, i never noticed it before.
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paragon
I always thought a new build residential tower would be a perfect fit for this site. It IS in the middle of downtown where high rise buildings belong. But this is good news compared to no news.
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Denizen
Great news! This block could really use it.
Any more details? Will stories be added to those dumpy one-story buildings? And I second the question on what will be done with the alley.
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Spaulding97
Good news. More more more! Looking forward to tomorrow to see the renderings. One question: Does anyone else think $15 million is not enough to convert 5 badly faded buildings to residential use with first floor commercial space along with a new multi-level parking structure? I'm no developer, but imo it doesn't ADD up... get it?
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sbrof
I wonder what the renderings are going to look like and which buildings are going to get renovations and which ones wont. I worked on a small plan for this block a while back, describing how one could combine these buildings into a single development project to lower the costs, I wonder if it was used to inspire Rocco and his team. This block really does need the investment and will fill in Main Street quite nicely from Theatre to Lafayette Square.
How Exciting! :)
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Denizen
Well, the 1 and 2 story buildings should really be demolished and replaced with something a lot more substantial but I'm sure that would deprive Rocco of those historic tax credits he is so crafty at utilizing to finance much of his development work.
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MichaelB
Wait for it people, renderings are coming. Hopefully you will be impressed and excited about this project as we all are in helping in it's creation.
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oldimpala
But....
Wherever will I go for my Main Street fashion and travel needs? Plus, I do dig the 2-story Burger King that lived there. I call dibs on one of the fryers....
Seriously.. It's good to see the re-birth spreading in that general direction.
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EricOak
Nice news. This location, not slivers of land in historic circles, is where Buffalo truly needs development. This project does much more for the city than the the Gates Circle condo, despite all the bloated hype and gush about it.
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BuffaloBloviator
The Bensen building in the middle has character but I'm not ready to lay down in the street and block the bull dozers from the old Berger King or the other one-story, even if it is the only operating retail on the block.
Speaking of that one-story next to Benson, I think I remember a story about how that building used to have more floors but when a neighbor was doing demolition they dropped a piece of their building on top of that one. Does anybody remember hearing that story? I think it belonged to Jacobi the haberdasher who owned Jacobi's men's shop.
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chris69
I wish they would tackle those two buildings that had their roofs fall in. One of which is on Main Street next to Red Jacket....and the other is the Greystone.
Was the Century the same as the Great Lakes Paramount? The Great Lakes Paramount was considered the finest of all the Great Lakes Cities. If anyone has interior pictures....I think alot of people would love to see them.
other than that....it really depends on how tall its going to be and what the architectural style. If its to short, then its not going to provide much balance on Main Street.....and if its to bland...then its going to look like little more than filler.
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MichaelB
The old "Burger King" is not part of the project. Addresses included in the project are:
(1) 501 Main Street -Old Stewart & Benson buildiing (501 Main Street), Renovated completely. (2) 505 Main Street - Now JP Fashion - Utilization of Masonry walls and complete renovation, also the site of the old Waldorf Lunch...long gone now but was once beautifully detailed 3 story building once. (3) 513 Main Street - Century Theater Propoerty which includes the infamous "alley" and parking lot area behind at Washington. - All New Construction including the new parking ramp structure along Washington and E. Mohawk. (4) 515 Main Street - Old Terra Cotta Building - Now Fashion Corner - Complete Revitalization/Restoration of the old Intricate Terra Cotta down to the Street Level, bringing the old back to life. (Much like the Webb is being done now) (5) Two other Washington Properties each of which will be fully renovated along with the New Parking Structure.
This project will be something long awaited by this neighborhood.
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tonyarmani
Great Work!
People bring jobs, jobs bring people, which bring more jobs and therefore more people.
Anti-development liberals bring bad ideas and big mouths.
That is all.
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STEEL
I think the crappy Burger King is staying. Nobody ever wants to demolish those kinds of buildings. Just the good ones
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UrbanBody
Bizjournal is reporting that Iskalo is interested in the Burger King property and approached the City for a mix-used project. Also per Bizjournal, Rocco's proposed Century City project will have all its buildings unified at third floor levels.
There were some slightly disparaging remarks above about the use of tax credits, etc. by Rocco. Why would the City/State not want to induce development by any means possible to leverage the downtown area? And wouldn't any developer be crazy for not taking advantage of what's on the table? Jeez. (Issa and the Statler don't count because it sounds like he is personally wealthy and highly connected to buckets of international monies.)
MichaelB, Appreciate your well-connected facts to this project.
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MikeJW
This section of Main defintely needs a facelift. However I'd like to see a modern residential tower(gates cirle type) along this section of Main. This is after all supposed to be a city...with tall buildings!
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RonR
Sorry Eric but you could not be farther from the truth.
Gates Circle is going to add MILLIONS to the tax rolls that do not exist. I would feel it is a safe bet to say that this project will bring in less then 20% of the tax revenue.
This project, while great, is for Apartments. People are much more likely to be involved in the community when they own versus when they rent. Your neighborhood is a perfect example of owners presenting a voice.
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MEC
Spaulding 97: $15 M is probably a high budget for Termini! The man uses the cheapest materials possible. That poor kid died during construction during the renovation of his new project on Pearl Street. Granted thats the construction company he hired and not a direct result of his stinginess. From my own OPINION, and looking at the Ellicott Lofts to rent and being able to hear a conversation in the apartment next door at a normal decibel level, there was no way I was going to live in one of his places. I am not down playing the fact that he is putting money into DT, but it would appear to me that $1,000-$1500 rents are starting to Cap. I am unsure of how many more our city can support, hopefully the $15M will be enough to do a decent conversion to Apartments while still being able to offer some lower priced units.
Side note, I believe this is directly across the street from Get Dressed DT, and the building that is being turned into a single family residence with the Law Office downstairs. Overall, this block may soon be pretty good.
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EricOak
RonR, That's assuming that the people who buy at Gates Circle will ONLY buy at that location and nowhere else in the city. That's very unlikely. Those people's taxes will go the city in one place or another. And the Gates Circle building will add nothing to an already established neighborhood (and will actually make more awkward an already a fairly desecrated circle). This new project downtown has far more impact on the perception of downtown and its physical appearance. And have the taxes from the luxury high rises from the 20s such as the Campanile and 800 West Ferry and the Park Lane been such a boon for the city? They haven't. Nor will this new building at Gates Circle; it will do nothing for the city as a whole because it's completely unneeded. It's not a major building by design standars; it's not original; it's not in a suitable setting. It's a conventional well-to-do high rise squuezed into a space that was never intended for such volume. But it's going up, and I'm resigned to that.
But Termini's project downtown? Now that's something to be excited about. I just wish the developers at Gates Circle had some vision and imagination for downtown, but hey, that's business.
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Biniszkiewicz
Iskalo Development does indeed have the BK at 495 Main Street under contract. Literally the same week as Termini presented a contract for the property (and I thought the owners were on track to sell to him) Iskalo appeared out of the blue with an offer. The Iskalo offer seemed to have fewer contingencies so the sellers opted for that one. Rocco doesn't need the BK for his project, but if for any reason that deal falls through I'm sure he would be again interested. This is great news for downtown.
In about a week, there should be another announcement regarding the vacant block on Genesee surrounding Eddie Brady's. That whole block is going to be a large renovation (with the exception of Eddie Brady's which won't be included) Once both the 500 block of Main and the Genrich block of Genesee are revitalized, the appearance of downtown will be disproportionately healthier than it is now.
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DumpsterKid
Blast from the bast, can we get the Burger King back in there!?!!? Who doesn't miss that ?
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doc
EricOak, you can't afford Gates Circle that's what all the huff is about. Stop trying to make a sweeping case for "downtown" residential. It's not for everyone. There are many who prefer mid-town for their residence or Waterfront Village. But for me, the beauty of Delaware district is unsurpassed in this city. Condo Tower here I come.
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Spaulding97
Shut up with Gates already! This has nothing to do with that tower!
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Balth
There is a GIANT space that would be perfect for a high-rise on Main Street... its the site of the old Teck Theatre and Vernor Building. When Termini builds this new apartment complex, it will help Main Street look more whole. If you want a new high rise, go down to the corner of Main and Goodell. Unless the city of Buffalo decides that we need a trailer park at the site, because god knows, we don't have one downtown yet... lol
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Andrew
DOC you are so ignorant, like you know the man. But anyways THANK YOU Rocco for this development. I was looking at some of my pictures of main st last night and my roommate and I were discussing how embarrassing the JP Fashion building is. The old Burger King isn’t so far behind in terms of ugliness so I hope we hear a proposal for that soon. The Stewart Benson building is really cool; I hope they just dress it up a little bit. I am so glad this is happening. So they are all going to be 3 stories? I'm not too concerned about having a tower here, let’s concentrate on density first. Is there a timeline and are the renderings coming out tomorrow?
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Denizen
I don't know why everyone is so obsessed with tall towers. In a downtown with so many gaps (i.e. parking lots), the first priority should be filling in these spaces with modest-sized, mid-rise buildings (4-10 stories) THEN worrying about building further up.
Remember, downtown streetscapes are experienced by most people at street-level. Having a consistent wall of building frontage is far more important than having the luxury looking way up at towering glass spires. Many of the world's most beautiful city centers are in Europe where consistent mid-rise streetscapes dominate instead of skyscraper canyons.
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RonR
Denizen,
I do not know about other people but here are my two reasons on why I like towers:
The skyline has not been updated in YEARS. I think this does have an effect on the mindset of progress. Adding to the skyline will put a more positive spin on the city. The side benefit to this, the local news stations will have to update the God awful backdrops that have been in use since 1984.
The second and most important is the VIEW. The reason why the Gates Circle tower is going to sell out at full price is the view. At the foot of this building will not be industry but some of the best build homes in the US. City tower, if built, will have Niagara Square at its feet with the same skyline. WNY is know for a great green canopy and with views that are hard to beat.
In my opinion, when you build you build for who is buying not who is going to walk by. It is not developers responsibility to make a walk down the street enjoyable. This is a side product. Besides, some of the best walking down towns are made by the feet of towers.
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Downtownjunkie
WOW! Great news to hear and surprising too. I thought these buildings were gonna sit in their current state for awhile THANK GOD!!!! for Rocco Termini and developers like him who are little by little transforming our dead downtown into a vibrant 24hr community. One major thing id like to see happen that will undoubtedly aid the success of this development is the reconnection of Mohawk and Gennesee Streets to the citys ellicott radial street plan. The Hyatt is undergoing or about to undergo a massive renovation project. If our elected city leaders were doing there job they'd realize that the potential is there for undoing these past mistakes of allowing the hotels atrium to STILL block off Genesee street. Mohawk street on the other hand is blocked by the convention center and a parking lot leased to Carl Paladino for Belesario parking. I wonder if Carl would be willing to work with Rocco in relocating his tenant parking over to the new ramp across the street. The citys master plan emphasizes our great streets and reconnecting them. Our streets made our downtown great and created the synergy needed for great urban areas. The idea is not such a far flung one, the convention center is outdated and should probably be relocated anyway, the Hyatt could easily reconfigure there lobby in a way as to allow the reopening of genesee and the scary alley like street park that is east mohawk and the drab belesario lot could creat a direct link to Deleware ave and all the exciting development going on there. I know this post was a little long and dragged on a bit but i just dont understand why no one brings this topic up. Imagine the newly reopened genesee street streetscape with a newly renovated Statler, YMCA buillding, and Hyatt all standing seemlessly along genesee street ...
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RPreskop
Denizen, For your information, skyscrapers and towers if properly designed and built are the most attractive and inviting buildings and they do help attract people and economic activity which is what downtown desparately needs right now. It also desparately needs a major new high-rise addition or two to the city skyline which would greatly help improve our public image and perception. Some of the most architecturally interesting and beautiful city centers are ones with a spectacular towering skyline ex: Chicago, New York, Houston, Sydney, Toronto, Tokyo, Seoul. The most beautiful and scenic city centers are in Asia, Australia, and the Americas. You can have Europe. Wasting prime downtown land along Main Street by cluttering it with little, rinky-dink, boring looking two to ten story buildings will not successfully revitalize downtown. Your idea of redevelopment is totally unworkable and is another outstanding example of more little baby steps. It is time to abandon both the small scales and the baby steps and be bold and brave by designing and building like a true major city in the twenty-first century and stop designing and building like Little House on the Prairie. If you want little low buildings than there are several exurban and rural communities located beyond the suburbs for you to choose from. Places like Sanborn, Pendleton, Pembroke, Alden, Marilla, East Aurora, Eden, or Angola would probably be more your type of community.
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EricOak
Denizen is making sense here, and he does it without know-it-all contempt
RPreskop: As far as the beauty of Toronto--I suggest you go live there and tell me how beautiful and livable that downtown feels to you year after year. Bay St, Yonge St., hideous lower Spadina; this is appalling stuff. If you think those budget boilerplate lego-towers are more interesting, human and beautiful than the Plaza Mayor in Madrid or the Place Des Vosges in Paris, or make for a better street life, than you might want to take a trip.
And Doc, come to my house for a glass of sherry. Then decide if my "huff" is about a suppressed desire for a glass-plated living room. I'd be happy to give you a tour.
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Hospitable
Rpreskop.. its that same thinking that got us the lovely Main Place Mall and Tower... we all know how much of a success that was.
Denzien's got it on this one...fill in the sore spots before we think about tearing down smaller scale buildings like this... Buffalo will never be downtown Manhattan... and if you want a skyscraper you'll have to be a good boy and wait 5-10 years... when the Federal Court House, Buffalo City Tower.. and Gates Circle are done.
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prm3
I understand the sentiments that Denizen and others are putting forward re high rise buildings, but I think that a project of this scale is appropriate for the 500 block. The fact of the matter is, that within the next 10 years the Buffalo skyline will be changing dramatically, with the construction of 50 Court, the new Federal Courthouse, and Bashar's new building on Elmwood will all change the skyline. What you have to keep in mind is that developers build what the market will bear. While a 30 story high rise smack dab in the middle of downtown might look snappy as if it belongs in a world city such as Chicago, NY, Houston or Toronto, it also doesn't make any sense if it's only 25% occupied. In order to revitalize the city, a sustainable base of residents needs to be developed and this project will do just that, along with providing an opportunity for merchants which will mesh perfectly with a Main st open to traffic. I'd ask this...what's more depressing after visiting a Chicago or Toronto and returning to Buffalo? The fact that our skyline doesn't rank in the top 10 cities of the world, or the fact that after 5:33pm Sunday, Mon, Tues, Wed, Fri and Saturday Main St is completely deserted? I vote for getting some people back...the big skyscrapers can always be built.
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prm3
Hospitable...you beat me to my own post!
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Sulley
OMG, J.P Fashions is a locally grown non-chain! The developers should be ashamed by trying build this concrete monolith in its place! Save J.P. Fashions!
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gaustad
Sulley - call TIm Tielman - he will save it
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Denizen
RPreskop, you;re suggesting I move out into the boonies? No Thanks I'll keep my lovely little apartment on the 3rd floor of a great old mixed use building, thank you.
I could easily turn your argument around like this: If you desire skyscrapers up the wazoo, you might feel better at home in a place like Midtown Manhattan, Hong Kong, or Tokyo.
On a more serious note, you ever hear of supply and demand? does it really make sense to built multiple new skyscrapers in an "up and coming" downtown where residential is still being pioneered and office demand if iffy at best? I'd much rather see many interesting blocks filled with 4-10 story buildings rather than a small handful of glitzy towers surround by bleak parking lots.
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RonR
Eric,
First off I am a big fan of both projects. The detail they are putting on the parking deck shows they care.
In regards to Gates Tower, you are correct that some would buy in the tower if it was downtown. But some would not and we do not even know if the developer would build there. I for one would want to pay less to live downtown TODAY then off gates circle TODAY.
In regards to the benefit....Right now there are 14 condos listed on the MLS over 400K and 5 inside the city. This project will bring in more then 50 units I think or something like that and 400k will be the basement price. Whatever you want to say, there is no high end condo market in the city to serve the high end demand.
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uptownnc704
RonR - Don't forhget on a clear day you might see the falls.
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RPreskop
Denizen, Yes because your idea for development is only appropriate for the boonies not for a major city like Buffalo. Stop lecturing me on supply and demand. I am very well aware of our tough challenges in revitalizing downtown and if you think that cluttering downtown with little, rinky-dink 3 and 4 story buildings is going to attact large numbers of people back, you are very horribly mistaken. It would be much more desirable and helpful for an up and coming downtown to build at least a couple glitzy, attractive high-rises on prime downtown land which would easily arouse interest and attract more people and investment into our downtown rather than your idiotic idea of little, rinky-dink low-rise buildings that would contribute little if anything to downtown. EricOak, Denizen is making absolutely no sense and you obviously do not know what the hell you are talking about. You find fault with Toronto? What Toronto did in its downtown and surrounding areas is a massive improvement over anything Buffalo has done. I will take its ritzy, glass towers over this architecturally drab low-rise rinky-dink garbage that is being planned in Buffalo. Bay Street , York Street, University Avenue, and yes even Yonge Street are a hell of lot more beautiful and interesting than our Main Street. At least those streets are busy and full of activity during the day. Downtown Buffalo is like a ghost town and it is not getting any better anytime soon because we continue to redevelop downtown in a very half assed manner.
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Andrew
^^ Perhaps Toronto is busy at all times and has the big ritzy, glass towers you talk about because Toronto is the NYC of Canada with over 5 MILLION residents. Learn how to put things into perspective, 300K is not close to being comparable to 5Million.
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pgf1948
A new low of argument on BRO.
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RisingDamp666
Jane Jacobs lived her last years in mega-high rise Toronto. So what would the queen of down-at-the-heels New Urbanism make of this fuss? I say build the damn thing and move on. there are plenty of other surface parking lots available to fulfill any and all rhetorical Last Stands.
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RPreskop
Hey Andrew, I am fully aware of the major population differance between Buffalo and Toronto. That is still not a valid excuse for Buffalo to continue to sell itself short and do everything half-ass like we have been doing here for the past several years. Keep in mind that Buffalo was a big major city and there is no legitimate reason why it cannot try to become a big major city again. Buffalo has the infrastructure and potential to be a big major city if only we would change the way we do business in this city and surrounding region. For starters, stop electing these public employee labor union loving democrats to city and county offices. All public employees should be non-union, they make more than enough money. Labor unions along with the high taxes are the main reasons why it is tough to attract new business to Buffalo. People here in Buffalo need to change their attitudes and stop living in the past and start embracing the challenges of the future. Otherwise Buffalo will continue to be the declining, dying major city has been and will never recover from the severe urban crises that still grips it. Also Andrew for your information, a major city according to the US Census is a central city of 250k or more so Buffalo is still technically a major city despite the fact that it has rapidly declined from a large city into a mid-sized city. As for your reference to Richmond, Virginia for your information Richmond has a much larger and more impressive skyline and a more developed downtown than Buffalo. It is also a more business friendly city than Buffalo. This is something that should be worked on immediately, making Buffalo a business friendly city however that will involve getting rid of the local democratic party and the public employee labor unions which is long overdue.
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Andrew
Richmond's tallest building is 450 feet. 25th tallest is just under 200 ft. Buffalo's tallest is 529 ft, 25th tallest is around 170. not a big diffence if you ask me.
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pgf1948
Grow up, Preskop! If you think Richmond has a
"More impressive skyline and a more developed downtown"
than Buffalo, then you know nothing at all. Richmond, lovely city that it still is, is a mere shadow of its former self. Its downtown has lost every major department store. The city would cease to exist were it not the capital city of Virginia.
I am amazed at your continuing ...
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