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Lamparelli Team Plans Mix of Uses for 112 Genesee Street

An earlier version of this post named Kevin Helfer as a partner in this project.  He is not.

A development group consisting of Paul Lamparelli, Peter Lamparelli, Steve Przbyla and Sean Insalaco are joining the downtown development push.  They have purchased a four-story office building at 392 Pearl Street and a long-vacant structure at 112 Genesee Street across from the Genesee Gateway project and plan upgrades at each property.

B438649-000392 Pearl Street is expected to remain office with the potential for restaurant and/or retail space on the ground floor.  The interior includes an atrium that runs the entire height of the building and features skylights and partially exposed brick walls.

On Genesee Street, apartments and commercial space are planned.  Chapin 112 Genesee LLC purchased the building from Aaron Ackley and Paul Caruana’s Hat Trick Development Inc. for $165,000 in June.  The 7,200 sq.ft. building is located across from Genesee Gateway and is along a stretch of Genesee that will be getting a streetscape overhaul.  A vacant building at 110 Genesee next door is owned by Christopher Juliano.

According to realtor Todd Danni of Coldwell Banker Chubb who is marketing the project for the new owners, five apartments and ground floor commercial space are planned.  The ground floor contains 2,200 sq.ft. of space.  The reuse plan is flexible and additional commercial space could be created on the second floor if demand warrants.

Get Connected: Todd Danni, Coldwell Banker Chubb, 716.465.1282

Written by WCPerspective

WCPerspective

Buffalo and development junkie currently exiled in California.

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