Private investment project follows substantial investments in Buffalo River cleanup, Ohio Street infrastructure
Congressman Brian Higgins, pictured far right, joined executives from Savarino Companies and the Frontier Group of Companies Monday to highlight the construction underway at Buffalo River Landing. The new five-story building will be home to 78 residential units as well as commercial space on the ground floor.
"Buffalo River Landing is yet another example of how Buffalo is embracing our unique history and by doing so rebuilding our future," Higgins said. "Projects like this one and others to come don't happen by accident. Public investments have laid the groundwork for development to follow. Those invested in this project represent outliers whose commitment to build on the Buffalo River will contribute to the neighborhood and inspire others to look for similar opportunities."
Work on the building began in recent weeks. Exterior portions are expected to be completed this summer and the building is scheduled to open to tenants early next year. The $18 million private sector investment follows substantial public investments in adjacent waterways and infrastructure.
Buffalo River Landing is located along the shore of the Buffalo River at the intersection of Ohio and South streets. Ohio Street recently underwent an $11.3 million transformation from a deteriorating industrial roadway into a public-friendly, attractive riverfront parkway.
Since 2005, investments have been made in and around the Buffalo River - a waterway once declared biologically dead - to clean up the water and restore the natural habitat. In total, $72.8 million in federal funding and an additional $26.9 million provided through the federal relicensing settlement with the New York Power Authority has, quite literally, brought the river back to life.
Buffalo River Landing, which sits in the shadows of grain elevator that once bustled with activity in days past, will embrace its location on the water and the rich history of the Buffalo River in both design and function. The exterior will incorporate materials that incite the industrial feel of the Buffalo River. Portions of the foundation of the former Erie Freight House, which served as a freight warehouse for the Erie Railroad dating back to the late 1800s, remain to serve as the anchor to a private waterfront promenade. In addition, floating docs, bicycle and kayak storage will be available for tenants.
Buffalo River Landing is within steps of Conway Park, Buffalo River Fest Park and Mutual Riverfront Park, and just a short distance from Canalside and Buffalo's Outer Harbor. More information is available at: http://buffaloriverlanding.com/.