Details

• $40,000,000
• Brownfield Redevelopment , Industrial/Distribution

Elk Street Commerce Park

Elk Street Commerce Park is Buffalo’s largest and most visible new redevelopment site, with amenities for a wide range of potential uses.  35 acres of developable land along Elk Street is currently available.

The Park is located just over 2.5 miles southeast of downtown Buffalo along NYS Thruway I-190, conveniently positioned between exits 3 and 4. Close proximity to the highway offers excellent visibility and exposure to thousands of drivers every day, in addition to quick and easy access to all points in the city and the region. Canada is a close drive via the Peace Bridge, just minutes to the north.

The rear of the Park is on a section of the Buffalo River that is regularly maintained and dredged as a navigable channel, which could be accessed directly through the ESCP service parcel.

A thriving industrial and commercial district with several established industry clusters exists in nearby employment zones, with affordable residential neighborhoods beyond offering convenient and accessible housing for employees.

In situ stabilization and remediation efforts undertaken over the last four years have stabilized and transformed the land on this former industrial site into large parcels ripe for development. Work along the shoreline has reinforced the existing wall and increased the strength of the land along the Buffalo River.

Potential development on the site can take advantage of its location in an Opportunity Zone, as well as available Brownfield Tax Credits of between 20-24%. Space on site can be purchased for development or leased with build to suit in mind.

Contact us for inquiries about this property: ESCPinfo@kroggrp.com

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