Bevilacqua to invest $11.5 million in two Amherst developments

Buffalo Business First

A pair of projects — one residential and the other commercially-focused — have been added to Bevilacqua Development L.P.’s pipeline.

The Amherst-based developer is proposing to construct an eight-unit apartment complex just off of Edgewater Drive in Amherst and has also landed its first two tenants for the fledgling Transit Meadows Office Park. Combined the two developments represent an $11.5 million investment by the company.

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Mayor believes Williamsville is ripe for development

Buffalo Business First

Buoyed by a pair of high profile residential-based projects and the completion of a $3 million make over of Main Street, the Village of Williamsville is poised to be a development hot spot.
At least that’s the hope of Brian Kulpa, Williamsville mayor.

Kulpa, in releasing his “Prospectus: Williamsville” blueprint for the suburban village, said he would love to see investors use the its Main Street business landscape as a development destination.

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Williamsville’s mayor presents priorities that include Building Dept.

By Harold McNeil | News Staff Reporter

Williamsville Mayor Brian J. Kulpa laid out some of his goals in a State of the Village address that was streamed live Monday from the historic Village House.

Among them are plans to upgrade the village’s part-time Building Department into a full-time entity to handle a steady increase in the issuance of building permits.

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Citizens Bank plans smaller retail branch on Transit Road

Buffalo Business First

Citizens Bank N.A. plans to relocate its Transit Road retail branch this year from one side of the street to the other.
The No. 5 largest bank in Western New York will switch this spring from a single stand-alone building at 6545 Transit Road in Clarence to a smaller office in a newly constructed retail center at 9430 Transit Road in East Amherst. Customers have been notified of the move, which is set to happen in May, a spokesperson said.

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Bevilacqua pays $1.3 million for Amherst Lymstone Lofts site

Buffalo Business First

An affiliate of Bevilacqua & Associates has officially closed on the property it needs to develop a mixed-use building that straddles both the Town of Amherst and Village of Williamsville municipal lines.

Bevilacqua, through its 5933 Main St. LLC and 5949 Main St. LLC affiliates, paid $1.3 million for the 1.7-acre parcels of land to construct the Lymstone Lofts. Construction is expected to start this spring.

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Amherst IDA approves tax breaks for Bevilacqua project

Buffalo Business First
By James Fink | Reporter

Construction is expected to start this winter on a building aimed at replacing a Main Street eyesore that straddles both the Village of Williamsville and Town of Amherst.

One of the final hurdles was crossed Friday morning when the Amherst Industrial Development Agency’s directors approved a series of tax breaks to 5933 Main Street LLC, an affiliate of Bevilacqua & Associates, that will help finance the $9.15 million project.

Bevilacqua & Associatesis proposing a three-story building that will include 20 market-rate apartments and first floor retail or commercial space.
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Luxury apartment and retail project gets tax breaks from Amherst IDA

A project to convert a vacant Main Street building into high-end apartments and retail space is getting nearly $930,000 in tax breaks from the Amherst Industrial Development Agency.

The $9.2 million project will demolish the existing building at 5927-5951 Main St. and construct a three-story building, covering 56,000 square feet of space, that will include first-floor retail space and 20 upscale apartments on the second and third floors.

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