Bevilacqua Development is proposing to construct a pair of mixed-use multitenant commercial buildings that would fill out a retail plaza at the southwest corner of Casey and Transit roads in Amherst.
The 5.65-acre plaza property at 9290-9300 Transit is divided into three parcels. It already has a 15,470-square-foot Aldi grocery store and a 13,321-square-foot CVS Pharmacy taking up two of the pieces. But there’s still a long grass field behind both stores, totaling 1.72 acres.
Aldi – which owns the entire property – has agreed to sell that rear portion and the CVS property to Bevilacqua for $3 million, divesting itself of 3.5 acres while keeping its own store.
“It’s rare when you get to acquire a generational quality asset like CVS,” said Jonathan Bevilacqua, owner and managing member of his firm. “It’s a signal intersection with a heavily trafficked area, with room for additional development.”
Under plans by architects at Lauer-Manguso and engineers at Carmina Wood Morris PC, the developer is proposing to construct two single-story buildings – a 4,500-square-foot building at the north end toward Casey, with a proposed outdoor patio area for 24 seats, and a 12,000-square-foot building at the southern end.
Bevilaqua said he has signed two leases so far. Kaylena Marie’s Bakery will open its second location in 2,400 square feet of the smaller building. The bakery already operates in another Bevilacqua-owned property in Orchard Park. And School of Rock, a franchise, will occupy 3,000 square feet at one end of the larger building.
If approved, Bevilacqua hopes to start the $1.6 million project as soon as possible, and finish the building shells by October.
This is the latest project in that part of Amherst for Bevilacqua, which previously built out the 45,000-square-foot Transit Meadows office and retail complex at Transit and Clarence Center roads, and also purchased 36 acres at Transit and Miles roads.
The Amherst Planning Board will evaluate the proposal on April 15.
Located at the corner of Transit and Casey Road, next to CVS Pharmacy and Aldi in East Amherst, NY. ~16,500 square feet of commercial space.
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East Amherst, NY Bevilacqua Development L.P. is now in the final stages of its new development, the Transit Meadows, located on Transit Rd. The project cost was not disclosed.
The site totals 45,000 s/f of office and retail space spread over three 10,000 s/f buildings and two 7,500 s/f buildings. With the landscaping, masonry façade, and 400 parking spaces, Bevilacqua has built a tenant roll and 74% occupancy before completion.
The project is located on Transit Rd. at the signaled intersection of Clarence Center Rd., near the border of Clarence.
This project is comprised of a mix of professional office space, as well as retail space geared toward health and wellness, such as a gym, chiropractor, day spa, and salon.