
Three-story building to house upscale apartments, retail space
$1.2 million project set for Elmwood Ave.
By SHARON LINSTEDT
News Business Reporter
1/31/2006
Sharon Cantillon/Buffalo News
Workers put in the foundation Monday for a commercial/residential building at 504 Elmwood Ave.

This artist's rendering of the 500-block of Elmwood Avenue shows how the three-story residential/commercial building will fit among the adjacent structures on the block.
Work has begun on a new $1.2 million commercial/residential project in the 500-block of Buffalo's Elmwood Avenue.
Crews are digging the foundations for a new three-story building at 504 Elmwood Ave., near the intersection of Elmwood and Utica avenues.
When complete this summer, the structure will feature 2,300 square feet of retail space, plus a handicap-accessible studio apartment on the ground floor. The upper floors will house eight, upscale apartments.
The project is the brainchild of three long-time Elmwood Avenue advocates, attorney Michael Ferdman, architect Karl Frizlen, and contractor Paul Johnson, working together at FJF LLC.
Ferdman, who served many years as president of Forever Elmwood, said the idea came out of conversations between he and Frizlen about targeting a derelict building on Elmwood Avenue for transformation.
"The idea was that instead of urging someone else to upgrade their building, we'd take it on ourselves," Ferdman said.
The two then brought Johnson, who has done several Elmwood Strip projects, onto the team. After weighing a few options, they decided on 504 Elmwood Ave., formerly the long-time home of Avenue Pizza, and most recently the short-lived Bidwell Elmwood, an eBay-linked auction business.
"Our original plan was to renovate, but we came to the conclusion that no matter how much money we put into the existing building, we couldn't guarantee it would be a structure with integrity," Ferdman said.
The trio received approvals from planning, preservation and neighborhood agencies to raze the existing building - a wood frame residence with a small brick addition in the front - and start from scratch.
"If you have to tear something down, it's critical to replace it with something much better. In this case the street is getting what we think is a very attractive building that will provide significantly more tenant density that what was there," Ferdman said.
Forever Elmwood Executive Director Justin Azzerella supports that goal.
"A great mixed use project is exactly what we are encouraging on Elmwood Avenue and we think this one will be phenomenal," Azzerella said.
Even as bulldozers were excavating the site, the development team started to get inquiries from prospective retail and residential tenants.
"Our goal for the first floor is to bring in a tenant that would add something new to the community. We would prefer to have something other than a restaurant, hair salon or gift shop," Ferdman said.
The 400 to 500 blocks of Elmwood Avenue are currently experiencing a turnover in retail tenants, including the upcoming closure of Pier One Imports, at 495 Elmwood Ave., which has been one of the street's anchors for two decades.
Artcrafters Gallery, at 472 Elmwood Ave., another veteran retailer, is preparing to close its doors and is having a going-out-of-business sale. And a Subway Sandwich shop sits idle a few doors away.
The block has also welcomed BeYouTiful, a new women's apparel shop at 513 Elmwood Ave. which debuted in last December. The store, owned by Jetaun Jones, offers "contemporary chic" clothing.
The new building features two upper floors of balconied residential units. The second floor will have four one-bedroom, and two two-bedroom apartments, ranging in size from 600 to 850 square feet of space.
The third floor will have four loft-style units with as many as three bedrooms, ranging in size from 800 to 1,100 square feet. All of the dwellings will be accessed from a central stair tower at the rear of the building.
The Community Preservation Corp., a nonprofit, private mortgage firm, is providing some $900,000 in construction and long-term financing.
e-mail: slinstedt@buffnews.com
aw thank you. but as complimented as i am - if you saw his "samples" you would not want to be in this dudes retirement project either.
I have seen the previews and I would go see "date movie", it looks like good, no brain fun. Just what I need..
I have no clue why I set of the sensors by the door.
wait - why would you set off the alarm at the grocery store?