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AM&As update: Hotel checks out; offices and apartments move in

Final plans are still being worked on and the proposed $60 million makeover of the building may be submitted to Buffalo’s planning & zoning board in June

BUFFALO, N.Y. — Flush with new investors, plans for the long-vacant and construction-stalled former Adam Meldrum & Anderson Co. store have reemerged with a 340-room hotel replaced by a mix of commercial office and retail space and apartments.

Final plans are still being worked on and the proposed $60 million makeover of the 10-story, Main Street building may be submitted to Buffalo’s planning and zoning departments by early June, sources confirmed.

The revised plan comes three months after a new investment group, 377 Main Realty Inc., acquired the 375,000-square-foot former retailing complex from Landco H&L, a Chinese-backed investment group that listed Flushing as New York headquarters.  You can read the full story on Buffalo Business First's website. 

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