Written on Tuesday, October 30th, 2007 at 5:29pm by Paul Wolf | No Comments

Positive News!

·       Christopher Jacobs of Avalon Development who currently owns 721, 723, and 737 Main Street has acquired a vacant two-story structure located at 741 Main Street, along with a one-story building behind it on Washington Street. Full Circle Studios a growing media company which currently employs 14 will be taking 7,000 square feet of space at 741 Main Street, creating what will be the largest sound studio in Buffalo.

  • The $65 million overhaul of the Dulski Federal Office Building on Delaware and West Huron by Acquest Development is moving forward with the announcement that the building will be home to a new 150-room Embassy Suites Hotel.

  • Savarino Construction has been retained by local investors to construct a new $10 million, multi-tenant office building at the corner of Main & Dodge. The building consisting of two-stories and 30,000 square feet already has two tenants about to sign leases for 10,000 square feet of space. The site currently is home to the Buffalo Tourist Lodge.

  • While we have lost population from the Buffalo area it is interesting to note that according to a Business First analysis of IRS data in 2005-06, 1,108 people moved from Florida to WNY, a group that included young people and retirees who returned home after experiencing Southern living.

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