SBD/February 6, 2013/Facilities

Buffalo Common Council Expected To Approve Sabres' $123M HARBORcenter Project

HARBORcenter will encompass a parcel of land measuring more than 1.7 acres
The Buffalo Common Council is "expected to vote in two weeks to approve" the Sabres' $123M HARBORcenter development project, "making way for a March groundbreaking," according to a front-page piece by Jill Terreri of the BUFFALO NEWS. As part of an agreement sent to the council yesterday, the Sabres' development company has "agreed to pay the city nearly $200,000 more for a prime piece of downtown land than a maximum amount set by the parties last year." HARBORcenter LLC will pay $2.2M for the Webster Block, or "the full appraisal amount." The land the company will acquire is "slightly larger than the 1.7-acre parcel originally discussed, which increased the appraised value." The Common Council scheduled a public hearing on the land sale for Feb. 19, and "a vote is likely that day." The HARBORcenter plan includes "two hockey rinks, a hotel, restaurant and parking deck on the waterfront" (BUFFALO NEWS, 2/6).
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