Plans for the transformation of the Bison Storage building at 1502 Niagara Street received Planning Board approval yesterday. Natale, Bobby Corrao, Frank Parisi and Carl Savarino will redevelop the property with a mix of retail, restaurant, and residential uses. The nondescript building with gobs of potential will be transformed into the ‘Crescendo.’
1502 Niagara LLC purchased the 61,152 sq.ft., seven-story structure and an adjacent one-story building for $550,000 late last year. The complex was originally occupied by F.N. Burt Company, a manufacturer of boxes and cartons. The building is known as being the most visible and the tallest building on Niagara Street with sweeping water views.
Redevelopment plans include a new restaurant, 41 rental units, and several other building amenities for the tenants. The apartment mix will include 29 one-bedroom units with roughly 600 sq.ft. of living space and 12 two-bedroom units with 1,200 sq.ft. All units have excellent views of the Black Rock Ship Canal, Niagara River, Canada, and/or city views. Some upper-floor units have views of the Niagara Falls and Toronto skylines.
Tenants will have access to a fitness facility, enclosed parking, and will enter through a unique entry lobby and lounge. A rooftop patio and garden area is possible on the roof of the one-story section of the complex.
Commercial space will also be available. There is actually very little “ground” floor space in the building. The majority is double height basement space with built in mezzanine area which is a ground level. Design for this space still underway but it is envisioned as restaurant space. The redevelopment work will coordinate with the City’s plans for streetscape improvements along Niagara Street.
Carmina Wood Morris is designing the $6 million project. The building is expected to be ready for tenants late this year or early next.
Get Connected: Bobby Corrao, Natale Builders; 716.580.3318