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Conversion Project Could Add to North Elmwood Avenue Loft Projects

An Elmwood Avenue office building may be the latest North Buffalo adaptive reuse project.  Paul Kolkmeyer is looking at purchasing 1807 Elmwood Avenue for conversion to apartments.  The two-story building has 49,600 sq.ft. of space and is just south of Hertel Avenue.  It is currently owned by Newbuff Associates and is assessed at $580,000.

The Buffalo News has the story:

Originally the corporate headquarters for American Radiator, which later became American Standard, the two-story building still carries the name Institute for Thermal Research engraved in the brick, but looks more like a traditional school or academic institute.

Kolkmeyer would not discuss his plans, saying it’s premature since he and his partners are still conducting due diligence on the building and “have not yet committed to move forward.”

The American Radiator property is nearly across the street from Rocco Termini’s Foundry Lofts project.  Termini’s plans call for a mix of residential, commercial and hotel rooms in the former FWS furniture store.  On nearby Grote Street, Termini is currently renovating a two-story industrial property into Houk Lofts featuring 22 apartments and commercial space.

Two years ago, Kolkmeyer teamed with Greenleaf & Company to convert the former Lutheran Nursing Home at 1040 Delaware Avenue into 49 apartments.   He also is part of partnership that purchased the historic Dun Building in June.

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Written by WCPerspective

WCPerspective

Buffalo and development junkie currently exiled in California.

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