Wow, who would have thought that buffalo would get a 1.2 million square foot business tower right on Niagara Square and Elmwood. I like the fact that the guy who is planning this new development is also committed investing $80 million in redeveloping the Statler Towers.
According to the news, the idea is to attract big businesses who have office in Toronto or New York to the lower operating costs in Buffalo.
Acording to the Buffalo News.
At 600 feet tall, the $361 million, ultra-contemporary glass and steel office, hotel and condo tower would eclipse the HSBC Center in height by 33 feet and would rank among the tallest buildings between New York City and Chicago... At $361 million, the mixed-use tower surpasses the price tag of all other downtown buildings. By comparison, the HSBC Center, built in 1972, sold last year for $85 million and currently is back on the market at $121 million.
Are they saying that HSBC doesn't own it's own tower? I had no idea. Maybe we should buy it, lol?
now if only we can legalize polygamy, right Paul? ;)