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Hanna Furnace site sale will close books on Lakeside Commerce Park

The Buffalo Urban Development Corp. directors will meet Aug. 30 to consider an offer by Savarino Cos. to buy the last 12.2 acres in Buffalo Lakeside Commerce Park.
Cobey Steel Firm in Buffalo's Lakeside Commerce Park

BUFFALO, N.Y. — The 275-acre former Hanna Furnace Steel Mill Co. site is about to be 100% under contract.

The Buffalo Urban Development Corp. directors will meet Aug. 30 to consider an offer by Savarino Cos. to buy the last 12.2 acres in Buffalo Lakeside Commerce Park, a city-owned industrial park. The four parcels are at 80, 134, 158 and 200 Ship Canal Parkway.

Savarino is offering $40,000 an acre, or slightly more than $480,000, for the land.

Read the full story from our partners at Buffalo Business First.

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