A rare new road in the city is nearing completion. Located in the Buffalo Lakeside Commerce Park, the street connects Ship Canal Parkway and Fuhrman Boulevard, parallel to and north of the Union Ship Canal. Economic development officials will now have access to nearly 50 acres of investment-ready land that has been fallow for decades.
The new road is the final phase of infrastructure in the business park. Work is also underway on a new park surrounding the canal. Ship Canal Commons will provide approximately 22 acres of urban waterfront green space with over one mile of bike/pedestrian trails along the canal front, an additional mile of pedestrian pathways, and parking for approximately 100 vehicles.
Current tenants are of Buffalo Lakeside Commerce Park are CertainTeed Corp., a maker of PVC fencing that occupies 270,000 square feet on 25 acres, Cobey Inc., which relocated three operations to a 90,000-square-foot building on 12 acres, and Sonwil Distribution with a 300,000 sq.ft. structure and land for a second building on 54 acres. Approximately 400 workers are employed in the business park.
The project is being overseen by the Buffalo Urban Development Corporation (BUDC), the City’s not-for-profit development agency affiliated with the Erie County Industrial Development Agency. To keep a healthy inventory of business-ready development sites, the BUDC is finalizing plans for Riverbend Commerce Park along the Buffalo River, west of Hopkins Street and north of Tifft Street. Three million sq.ft. of office, light industrial, residential and commercial space are envisioned along with enhanced wildlife habitat areas and recreational amenities. Build-out is expected to take up to thirty years.