Architect and developer Karl Frizlen is targeting a Niagara Street warehouse building for his latest adaptive reuse project. Frizlen is proposing 30 apartments and a small amount of commercial space for 1485 Niagara Street. It joins a lengthening list of development projects on Niagara between the Peace Bridge and Scajaquada Expressway.
From The Buffalo News:
The $2.5 million project, dubbed Lofts @ 1485 Niagara, will take the 33,550-square-foot former Aldrich & Ray Manufacturing Company building at 1485-1491 Niagara – across from Natale Development’s ongoing Crescendo Lofts project – and bring a combination of tenants to the 19th-century bright red-brick complex. Besides the apartments, plans call for 2,000 square feet of office or retail space in the main building, while an attached 3,000-square-foot metal warehouse would be used for “light commercial” purposes.
According to one Niagara Street property owner currently planning a redevelopment project, “Niagara Street is hotter than Main Street.” Not wishing to be named, he says there are plans for three new buildings in the works for the street and possibly two others. In addition, he says he’s heard of plans for at least two more conversion projects.
Projects announced or recently completed include Ellicott Development’s 960 Busti Street and 1088 Niagara Street, the aforementioned Crescendo project, Bezel LLC’s renovation of 1469 Niagara, and Ciminelli Real Estate Development’s upcoming renovation of the Garrett Leather Building at 1360 Niagara.
Frizlen’s project will be reviewed by the Buffalo Planning Board on Monday.