ICONIC WELCH BUILDING TO BECOME APARTMENTS & COMMERCIAL SPACE

CCIDA Approves Incentives for Welch Building Redevelopment Press Release | WESTFIELD, N.Y.: — At its December 21, 2021 meeting, the County of Chautauqua Industrial Development Agency (CCIDA) Board of Directors approved incentives to support redevelopment of the former Welch Administration Building in the Village and Town of Westfield. PILOT/Tax Lease incentives were approved by the

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Buffalo Business First | Chautauqua’s $2.26B Build total includes $9M revival of former Welch Food HQ

Published November 25, 2021 | Town of Westfield Supervisor Martha Bills calls the potential impact from the renovated Welch Foods Inc. headquarters a “building block.” “We have out-of-town interests willing to invest $9 million in a landmark building and change the culture of that building,” Bills said. “This is not a cliché when I call it a

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The Post-Journal | A New Proposal: New Owners Of Former Welch Building Seeking PILOT

Published November 17, 2021 | WESTFIELD — The new owners of the former Welch building are seeking tax breaks as they plan to renovate the property. During the Chautauqua County Industrial Development Agency meeting, Samuel Savarino, president and chief executive officer of Savarino Companies, discussed his company’s plans of the building located at 2 S.

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The Buffalo News | The Editorial Board: Consultant’s plan for DL&W Terminal is worth pursuing even with its higher cost

Published October 18th, 2021 | Long before the coronavirus pandemic upended much of upstate New York’s economy, the plan to transform the Delaware, Lackawanna and Western Railroad Terminal into a Metro Rail station and commercial center was slowed by a lack of funding. Work on the $52 million Metro Rail station on the first floor

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The Buffalo News | New report envisions DL&W Terminal as ‘compelling public space’ if properly restored

Published October 16th, 2021 | Ever since the last intercity passenger train left the Delaware, Lackawanna and Western Railroad Terminal in 1962, Buffalo seems to have wondered what to do with the cavernous train shed at the foot of Main Street. The Niagara Frontier Transportation Authority found a partial solution in the early 1980s, establishing

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Buffalo Business First| Construction could start this fall on Niagara Falls’ first new hotel since 2016

Published October 5, 2021 | Call it a sign that the pandemic-induced pause on local hospitality-anchored projects is beginning to ease. The development team behind a proposed $18 million Cambria by Choice hotel in Niagara Falls has received a bank commitment letter needed to finance the project. With that, construction could begin by late fall.

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The Buffalo News | Affordable senior apartment complex set to open soon in Blasdell

Pubished September 30, 2021 | Oakwood Senior Apartments will soon open in Blasdell for those 55 and older who meet eligibility guidelines. People Inc. will operate the apartment complex at 15 Oakwood Ave., which has 31 one-bedroom and a pair of two-bedroom apartments and is expected to open by mid-November in the former Our Mother

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The Buffalo News | Manhattan Village project by BestSelf, Savarino wins $6.1M in state funding

Published September 28, 2021 | An affordable and supportive housing project behind Bennett High School near Central Park Plaza has received more than $6.1 million in state funding to help provide services for individuals with substance abuse disorders or serious mental illness. The funding will cover more than a quarter of the $23.4 million project’s

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Buffalo Business First | St. Louis investment group, Savarino Cos. buy former Welch Foods HQ

Published September 9, 2021 | A partnership between a St. Louis investment group and Savarino Cos. will purchase the former headquarters of Welch Foods Inc. in Westfield. The building will be renovated into a $9 million market-rate apartment buildings. The deal between Rant LLC and Savarino Cos. and the Town of Westfield – owner of

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