Living in Brief

Measures of Success

• Increase in Total Residential Population
• Increase in Total Number of Units
• Increase in Diversity of Product
• Increase in Occupancy Rates
• Increase in # of New Units Per Year
• Increased Developer Profitability
• Increased/Stabilized Property Values
• Increase in Median Rental Rate
• Net New Residents to the City of Buffalo
• Increase in the # of Renovated Units
• Improved Quality of Life

Top Rules for Living Downtown

• Density and Concentration
• Diversity – All Cohorts, All Types
• Green Design / Connect to Transit
• Historic District/Infill
• Mixed-Use, Service Retail
• No Parking Requirements
• Public/Private Participation
• Quality of Architecture
• Unique Product

Existing Projects

• Watkins Building (6 units)
• Century Centre I (160)
• The Belesario (30)
• Elk Terminal (72)
• Sidway Building (72)
• Tent City Building (12)
• Flower District (34)
• Holling Press (28)
• Saturn Building (20)

TOTAL (434 units)

Work to Date

• 700 Block Urban Renewal Plan
• Acquisition and RFP for the 800 Block of Main Street
• Buffalo Niagara Now Initiative
• Buffalo R/UDAT 2001
• City of Buffalo Permit Fee Reform
• The Danter Report – A Downtown Multifamily Housing Analysis
• The Dennison Study – The City of Buffalo Housing Delivery Study
• Downtown Buffalo Housing Sourcebook
• Downtown Housing Marketing Packet
• Empowerment Zone Application
• Extension of Empire Zone Credits to Residential Mixed Use
• NYS Building Code Reform
• Proposed Historic Tax Credit Legislation
• Proposed J51 Loft Legislation

(back to the top)