New York Buffalo Civic Plus #1152

Buffalo Urban Renewal Agency Seeks Redevelopment Proposals for Downtown Property

This opportunity involves the redevelopment of a prominent downtown Buffalo property: - Government Buyer: - City of Buffalo Urban Renewal Agency (BURA), in partnership with the City of Buffalo - Property Details: - 667 Main Street / 664 Washington Street, Buffalo, NY - Approximately 18,960 sq. ft. across two connected buildings (front hostel, rear warehouse/industrial) - Located in the N-1C Mixed-Use Core Zone District, adjacent to Shea's Performing Arts Center - Currently houses the Buffalo Hostel - Requested Services: - Acquisition and redevelopment of the property - Proposals may include mixed-use, residential, hospitality, commercial, or cultural uses - Consideration for maintaining the existing hostel use - Strong MWBE (Minority and Women-Owned Business Enterprise) participation plan required - Respondents must provide detailed redevelopment strategies, financing, operational plans, and evidence of experience with similar projects - No specific OEMs or vendors are named in the solicitation - Unique Requirements: - Proposals must align with the City’s Downtown Revitalization Initiative (DRI) goals - Emphasis on innovative, financially feasible concepts that support downtown economic vitality

Description

The Buffalo Urban Renewal Agency (BURA), in partnership with the City of Buffalo, is seeking proposals from qualified real estate developers, investors, development teams, and brokerage entities for the acquisition and redevelopment of the property located at 667 Main Street / 664 Washington Street, Buffalo, NY. The project aims to reactivate the property to contribute to downtown economic vitality and align with the strategic development goals of the City of Buffalo and BURA. The property consists of approximately 18,960 sq ft across two buildings and is located adjacent to Shea's Performing Arts Center within the Buffalo Theatre District. Proposals should include development concepts, financing, community impact, and operational strategies, with a focus on mixed-use development and downtown activation.

View original listing