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St. Bonaventure to invest $26 million in new graduate housing, campus upgrades

The two-story, 31,800-square-foot, 20-apartment complex is the centerpiece of a $26 million capital projects development plan proposed by the university.
Credit: Provided by St. Bonaventure

ALLEGANY, N.Y. — St. Bonaventure University is fast-tracking plans to develop a graduate student housing apartment complex on campus.

The two-story, 31,800-square-foot, 20-apartment complex is the centerpiece of a $26 million capital projects development plan proposed by the university.

St. Bonaventure is working with the County of Cattaraugus Industrial Development Agency’s affiliated Cattaraugus County Capital Resources Corp. to issue tax-exempt bonds that will help finance the project. M&T Bank is the lender, according to IDA documents.

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

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