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$83M student housing project in Amherst moves forward with $8.5M land sale

Aspen Heights Partners paid $8.5 million for 42 acres in Ciminelli Real Estate Corp.’s Muir Woods
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Blueprints construction and a yellow hardhat with a compass

AMHERST, N.Y. — A development company based in Austin, Texas, has bought the land needed for the student housing complex in Amherst.

Aspen Heights Partners paid $8.5 million for 42 acres in Ciminelli Real Estate Corp.’s Muir Woods. The deal closed Feb. 10 for the property at 1081 N. French Road.

The closing follows tax breaks approved in December by the Amherst Industrial Development Agency.

Read the full story from our partners at Buffalo Business First

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