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Done Deal: Croce Picks up Delaware Avenue Property

Though busy putting the finishing touches on the Curtiss Hotel, Mark Croce has not stopped looking for other downtown opportunities. Actually, his purchase yesterday of 163-169 Delaware Avenue is in part due to the success of the not-yet-opened hotel that is across the street.

Croce paid $720,000 for the 2,600 sq.ft. building and 16 car parking lot at the southeast corner of Delaware and W. Huron streets. Lawyers Mark Wallach and William Crowe sold the property that was built in 1975 and was originally a restaurant.

While not ruling out redeveloping the site in the future, Croce is planning to use the building for hotel office staff and as his corporate offices.

“I am using every square inch of space in the Curtiss and with the amount of interest in weddings, events, and room bookings to date, I need bigger offices not only for the hotel, but also my other companies,” says Croce.

The building’s interior will be gutted and Croce plans to clean up the outside of the building so that it represents the high-end Curtiss Hotel well.  The hotel is on track to open in mid-January.

Croce also owns the C.W. Miller Livery Stable building across the street at 73 W. Huron that he plans on redeveloping, and an adjacent parking lot at 77 W. Huron. It is also one block north of Statler City.

“It’s a natural fit for us,” says Croce. “My human resources team, marketing, and sales staff are being pushed out of the Curtiss. I will have my first official office too.”

“This is a very strategic location and visible corner with access from both Delaware and W. Huron,” adds Croce. “It is prime real estate.”

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Written by WCPerspective

WCPerspective

Buffalo and development junkie currently exiled in California.

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