Dunkin Donuts at Main and Chippewa is getting a neighbor. SEFCU, the largest credit union in the Albany region will be opening a branch at 598 Main Street in the Theater District. The ground floor of the three-story office building was vacant for approximately two years until Dunkin Donuts opened an outlet in late-July. SEFCU will be leasing the balance of the space filling this highly visible downtown location owned and developed by CityView Properties.
SEFCU, established in 1934, recently merged with Niagara Frontier State Employees Federal Credit Union to serve the Buffalo region. The credit union’s current branch is in the Mahoney State Office Building, 65 Court Street. SEFCU ranks as the largest credit union in the Capital Region and is among the 70 largest in the country with 21 branches, over $1.3 billion is assets and 142,000 members.
598 Main, a $3.5 million office building designed by MWT Architects, replaced what was once a long under-used pocket park and in recent years a surface parking lot. Offices in the 28,000 sq.ft. building are fully leased to National Life and the U.S. Bureau of Alcohol, Tobacco & Firearms. Congratulations to CityView for not caving and leasing the space to pure office tenants.
CityView, recently busy in the Larkin District, is returning to downtown development as a partner in plans to redevelop the Genesee Block.
Get Connected: CityView Properties, 716.856.8400