Work is underway on the Stanton Building located at 251 Main Street. The five-story, circa-1873 building is being converted into thirty-six one-bedroom, 1-1/2 bath apartments along with first floor office space by Paul Kolkmeyer. The 1,700 sq.ft. office suite along Main Street will house Kolkmeyer’s development company, Priam Enterprises LLC.
Eight apartments are planned for the first floor, while the remaining four floors will have seven each. Two of the units will egress onto Washington Street with dedicated entrances. Rents are forecast to be in the $1,000-$1,400 month range, depending on location and size of the unit. New window openings are being installed on the building’s north façade.
Wylier & Associates is designing the project and Preservation Studios is working on the historic preservation tax credit documentation. The building is located within the Joseph Ellicott Historic Preservation District and is the only five-story cast iron façade in Buffalo.
Kolkmeyer bought the Marine Trust, Roblin, and Stanton buildings from David Sweet for $3.2 million last fall. Several new uses are planned for the Marine Trust Building at Main and Seneca streets. Twenty-five condominiums are pegged for the building’s top five floors, a banquet and conference facility is expected in the grand first floor banking hall and second level, a small boutique hotel would occupy the third floor, and office tenants will be consolidated into the remaining floors.
The adjacent seven-story Roblin Building will remain mostly office space but the first and basement levels will be converted into a 49 space parking garage. An elevator will move cars to the basement level.