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Another major project planned for Olean's Franklin Street

Development on Franklin Street began in 2019 with a NES Bearings Inc. plant, followed by Scott Rotary Seals plant in 2020.
Credit: Getty Images/iStockphoto

OLEAN, N.Y. — The fourth project in four years is planned for an industrial stretch of Franklin Street in Olean.

Olean developer Donald Benson, through his 351 Franklin Street LLC affiliate, will construct a 40,000-square-foot building on a six-acre parcel at 351 Franklin St. in Cattaraugus County’s largest municipality. He is negotiating with at least one prospective tenant, according to County of Cattaraugus Industrial Development Agency documents.

The IDA will consider tax breaks for the project this month. Construction could start on the $6.4 million building by early fall and open by summer 2023.  You can read the full story on Buffalo Business First's website

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