Friday, January 27, 2012

Feb 2-Buffalo Building Reuse Project

Buffalo Rotary Club meeting of February 2, 12:15 at Templeton Landing.Laura St. Pierre Smith serves as Vice President of the Buffalo Niagara Partnership, the region’s business advocacy
organization and chamber of commerce. She will make an interesting presentaion about the Buffalo Building Reuse Project (BBRP), a yearlong study of the downtown real estate market conducted by the Partnership at the request of Buffalo Mayor Byron Brown. Recognizing the oversupply of commercial real estate in downtown Buffalo, Smith and a team of several
dozen volunteers researched current development patterns, national trends, and the best practices of peer cities before outlining recommendations and key steps to advance downtown Buffalo.
BBRP’s core recommendations include:
• Designating the Buffalo Urban Development Corporation as the lead entity for downtown development
Utilizing a dedicated funding stream and enhanced tools to encourage downtown investment
• Implementing a housing in-fill strategy to transition class “B” and “C” commercial properties into residential use.
Laura Smith will be joined by two key BBRP volunteers: David Stebbins of the Buffalo Urban Development Corporation and Brendan Mehaffey of the City of Buffalo to brief us on the public/private commitment to downtown’s future and critical
future. to learn more, go to: http://www.thepartnership.org/Expertise/BuffaloBuildingReuseProject/BuffaloBuildingReuseProjectRecommendations

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