BUFFALO, N.Y. — Miami-based investors have put plans in motion for a $65 million residential-anchored development at Silo City overlooking the Buffalo River.
Generations Development LLC plans to convert the circa-1906-era malt house and warehouse complex into 168 apartments, along with 40,000 square feet of office, artists' exhibition and gallery space, and a business incubator.
The project is the first phase of a decade-long development plan that could bring as many as 400 apartments and $100 million in private sector investment at the 27-acre Silo City campus, which runs just off Ohio Street and along the shores of the Buffalo River. Many of the silos and buildings being targeted are vacant.
