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Times Two for Termini

Developer Rocco Termini is planning a pair of redevelopment projects in North Buffalo.  Termini has the FWS complex on Elmwood Avenue under contract and is also planning to renovate a nearby industrial property at 316 Chote Street.  Both will be a mix of residential plus commercial space and utilize historic preservation tax credits. 

FWSElm.jpgFWSRender.JPGnobucorridor.JPGThe FWS complex at 1738 Elmwood Avenue contains 85,000 sq.ft. of space in a series of two and three-story buildings built around a central courtyard.  It was designed by Esenwein & Johnson for the General Railway Signal Co.

316 Grote Street, behind Papa Jake’s restaurant and across from the Pierce Arrow complex, is a 28,160 sq.ft. two-story building currently owned by Ursula Mangano.  “Houk Lofts’ will contain 22 one and two-bedroom apartments and approximately 2,000 sq.ft. of commercial space.  A tattoo studio is expected to be one of the commercial tenants.

Termini told WIVB: “This is an untapped neighborhood. You’re three blocks from Buff State. You’re a block away from Wegmans. It’s a walkable, sustainable community. And I think it’s going to be a very cool community.”

Total cost for the two projects is approximately $30 million. 

 

IMG_3479.jpgIMG_3482.jpgGrote 2012-11-09.jpgRenderings courtesy of BMS Design

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