Thread: The Buffalo Thread

British developer Bashar Issa has sold the downtown Buffalo parcel where he proposed to erect the city's tallest building.

Issa, who in April halted work on the historic Statler Towers citing cash flow problems, today sold the proposed City Tower site for $2.15 million to Elmo Development LLC, a corporation tied to Buffalo restaurateur Mark Croce.

Croce currently leases the site, located at the corner of West Mohawk Street and South Elmwood Avenue, and operates it as a surface parking lot. Croce, owner of the Buffalo Chop House and several other downtown restaurants and bars, could not be immediately reached to comment.

Issa, who floated plans for a 40-story, $361 million mixed-use complex, bought the surface parking lot for $1 million in June 2006.

fuccccccccckkkkkkkkkkkkkkkkk

A parking lot for 2.15 million? Get outta here.

That small section between city hall, and chippewa would of been awesome with the city tower, avant building and court house, but at least we got 2/3. No need to worry in a few years we will get our next 30-40 story building.

Ok took some pics today, sorry for the poor quality of my camera, i'm in the market for a new one haha. First we have the casino:

I forgot the name of this one, but its a block from both the casino, and hsbc arena and it's bringing 70 jobs to the cobblestone.

Inner Harbor construction:



Aud:

Pasquale Building:

Avant Building:

Courthouse:

Holy shit, lots of construction around HSBC Arena.

http://www.buffalonews.com/145/story/395677.html

With a portfolio of successful restaurants and parking lots in hand, Buffalo businessman Mark Croce is moving into the commercial development arena.

He turned heads last week when he bought a prime downtown parcel from cash-strapped British developer Bashar Issa for $2.15 million. The vacant nearly one-acre property at 85 W. Mohawk St. at South Elmwood Avenue is the site where Issa proposed erecting what would have been Buffalo’s tallest building.

“I definitely won’t be building a 40-story tower,” Croce said. “But I will build something that makes sense in the context of the location, something that makes the highest use of the property.”

Originally Posted by An Angry T Rex

We built this city on rock and roll.

did we?

Originally Posted by JD SabreFan

..i think it was more along the lines of an Indian burial ground

Or nuclear waste and landfills?

Originally Posted by slowpokemcgee

Or nuclear waste and landfills?

Thats lackawanna.

This is another great project for downtown, and long overdue:

http://buffalorising.com/story/great...ee_gateway#sca

Another 8 story on the waterfront.

http://buffalorising.com/story/bold_...or_waterfr#sca