In spite of opposition to the Queen City Landing residential project on an adjacent site, the State is hoping developers have better luck redeveloping an existing building. Governor Kathy Hochul today announced a Request For Proposals to redevelop the building known as Terminal A on Buffalo’s Outer Harbor, an approximately 550,000-square- foot building that has been vacant for years.
The State is seeking experienced real estate developers to purchase and transform the main terminal and three adjacent buildings into a unique waterfront destination, located at 901 Fuhrmann Boulevard. Erie Canal Harbor Development Corporation, a state entity, envisions that the project could potentially include residential, restaurants, office space, cultural attractions and parking.
“Terminal A is a massive vacant structure that has tremendous potential to become a destination that builds on the success of other Outer Harbor improvements,” Governor Hochul said. “Now is the time for Buffalo to take advantage of this unique and historic architectural asset, much like what has occurred with large terminals in other waterfront cities. We look forward to seeing the creative proposals submitted for transforming the property into a destination that will attract visitors to the water’s edge while also providing a unique place to live and thrive.”
Representative Brian Higgins said, “Today Terminal A sits as vacant, blighted remnants of Buffalo’s industrial past. The process of returning this historic structure to private ownership is necessary in order to trigger Federal Historic Tax Credits that support the preservation and transformation of this historic resource as a new, exciting destination that builds on our continuing waterfront progress. Federal Historic Tax Credits, which would account for 20 percent of total redevelopment costs, have been a major catalyst for the redevelopment of downtown Buffalo, triggering approximately $1 billion in development activity in the region.”
Proposals are due by 8 p.m. on March 30, 2023.
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