Buffalo City Tower
| Buffalo City Tower | |
|---|---|
| File:Buffalo City Tower.jpg | |
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| General information | |
| Status | Never built |
| Type | Residential, Hotel, Office |
| Location | South Elmwood Ave. & West Mohawk St., Buffalo, New York, United States |
| Coordinates | 42°53′18″N 78°52′44″W / 42.888374°N 78.87888°WCoordinates: 42°53′18″N 78°52′44″W / 42.888374°N 78.87888°W ⧼validator-fatal-error⧽ |
| Cost | Est. over $361 million USD |
| Height | |
| Roof | 600 ft (180 m) |
| Technical details | |
| Floor count | 40 Residential: 10 Floors Hotel: 10 Floors Office: 20 Floors |
| Floor area | 1.1 million sq. ft. Residential: 900-2,000 GSF Office: 500,000 GSF |
| Design and construction | |
| Architect | CannonDesign |
| Developer | BSC Group |
| Other information | |
| Number of rooms | Residential: 80 units Hotel: 300 rooms |
Buffalo City Tower was an approved 40-story, mixed-use, tower aiming to be the tallest in downtown Buffalo. It was to be developed by British property development company BSC Group, headed up by entrepreneur Bashar Issa.[1] Details included: retail focused on the corner of S. Elmwood and Mohawk Street, 20 floors of office space at 24,400 GSF/floor, 10 floors of hotel totaling 300 rooms each at 380–500 square feet (35–46 m2), and 10 floors of 80 condos each at 965–1,500 square feet (89.7–139.4 m2).[2] Parking was to be accommodated in three underground and six above ground levels with a total of between 800 and 1150 spaces depending if stacking is used.
The project was canceled in 2008 due to Issa's financial troubles in Manchester and Buffalo.
Issa eventually sold the downtown Buffalo parcel, located at the corner of West Mohawk Street and South Elmwood Avenue, to local developer Mark Croce who currently operates it as a surface parking lot.[3]
Issa, who floated plans for a 40-story, $361 million mixed-use complex, bought the lot for $1 million in June 2006.
Issa also purchased the Statler Hotel, located across the street, and aimed to invest $100 million in renovating that building to return it to its former glory. The building was placed into involuntary bankruptcy in 2009 and sold at auction to private investors, including Mark Croce.[4]
See also[edit]
References[edit]
- ↑ Halpern, Jake (2007-12-01). "Buffalo's Field of Dreams". Wall Street Journal. ISSN 0099-9660. Retrieved 2022-06-25.
Mr. Issa is now refurbishing The Statler and making plans to build a skyscraper, the Buffalo City Tower, which will stand 40-stories tall, offer 1.5 million square feet of floor space, and cost a cool $360 million.
- ↑ "Buffalo City Tower". BSC-group. Archived from the original on February 13, 2012. Retrieved March 6, 2012. Unknown parameter
|url-status=ignored (help) - ↑ "Croce will build something on site he bought from Issa He says it won't be a 40-story office building, but it won't be just a parking lot, either". Buffalo News. Retrieved 2022-06-25.
- ↑ "Issa, ex-Statler owner, sent to British prison". Buffalo Business First. Retrieved 2022-06-25.
Issa’s Buffalo company was placed into involuntary Chapter 11 bankruptcy protection and the Statler was ultimately mothballed and then sold, twice, out of bankruptcy — finally to developer Mark Croce who has brought the building back to life.
External links[edit]
- Official Website
- Emporis page
- Skyscraperpage building page
- Buffalo Rising - Issa Buys Future Tower Site
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