Wednesday, January 26, 2011

BUDC exploring ex-Buffalo Forge site - Business First of Buffalo:

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acres of former Buffalo Forge the development agency wants more time to continuee its due diligence of the East Sideindustrial site. BUDC has untikl Feb. 17 to complete its pre-purchase but the impact of a just-completes environmental review still needs to studied by the agencty andits attorneys. Thus, they are askintg the property’s owner, , for a 90-day BUDC’s board officially asked for the extension followinv a Tuesdaymorning meeting. “We just want to make sure all the due diligencweis done,” said Peter Cammarata, Buffalo Urbah Development Corp. president. “We need some extra that’s all.
” The report, compiled by , said the land, whicbh includes parcels along Broadway, Mortimert and Spring streets, is “an excellent candidate for the New York States BrownfieldCleanup Program.” The catch is, given the land’as deep industrial heritage, cleanup will be extensive. “Redevelopment of the site will require additional remediation to protect human health and the environments from contaminants present atthe site,” the reportecd concluded. The levels of remediation would ultimatelg depend on the final use for the Residential redevelopment would bemore “We’re not surprised by the results,” Cammarata Rev.
Matthew Brown, head of the , is leading the effort to turn the property intoa $17 milliobn project, anchored by residential that would bridge the East Side with downtown Buffalo. The projec hinges on the city formally closing on the property withHowdeb Inc. “We are talking with Rev. Brown, so he is abreas t of what’s going on,” Cammarata said. Also during Tuesday’s meeting, BUDC directors learned they agency hopes to issue bid packages next monthb for landscaping and green space development packages for 20 acres of land that surround the Union Ship Canal in the heart of the Buffalo LakesideCommerce Park.
The green spacwe is designed to furtherr transform the property from a starl industrial site intoa suburban-styles office park. Tenants in Buffalol Lakeside include , and Cammarata said he hopes the greenm space work can star tin April. The projecty is being funded through state, federall and local grants.

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