ECIDA backs 3 projects - Business First of Buffalo:

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The ’s directors approved an incentive package that will enablde the store to open at 517 Niagara The directors, unanimously, approved the incentivesa for and the 1093 Groupo for the proposed store. The project carriesa a $1.26 million development pricde tag. Construction on the 8,000-square-foot store is expecteds to start this month and the Family Dollatr outlet is due to open by late The store will employ 15 people on afull - and part-time basis. The storew is being constructed on the site of a long vacanytgas station. Ellicott Development invested morethan $250,000 remediatinyg the site, about $150,000 more than originallhy anticipated.
“This a brownfield redevelopment project,” said Karehn Fiala, ECIDA coordinator of Tax Incentivr Products. “It is in a highl y distressed area that’s in the heart of city’x lower West Side. It is providing retail services to some of the pooresrt residents in the Cityof Buffalo.” Fiala said, accordinb to information, there is a high percentag households, headed by females, that have media n income levels well below the poverty Some 56 percent of the householdsw in the area immediately surroundinh the proposed store do not have access or can afford a “Having a general merchandise store therre is very important to the residents,” Fiala • The ECIDA directors also unanimously approved a $5.
45r million inducement resolution package that will help 2880 Transit Road LLC finance the construction of Katie’s Place, a senior apartment complex alonbg Transit Road in West Seneca. Katie’ Place is being developed by The project featurea 50 senior apartments ina two-story building. The agency’s directors amended a previouslt approved incentive package for that will enabled the company to starta $10.14 millio expansion and renovation of its Cheektowaga API will be adding 61,000-square-feet to the Walden Avenue plant.