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Future City Economic Development Reaches More than $4 Billion

By Eileen Buckley

Buffalo, NY – Buffalo Mayor Byron Brown says the amount of future economic development projects in the City now totals over $4 billion.

Mayor Brown says he is receiving inquires from people all across the Country who are expressing interest in downtown Buffalo and the City. He says planned economic development projects total $3.8 billion. And when you add in the Seneca Nation's plans to spend $333 million to build a permanent casino in the Cobblestone District, Brown says potential economic development has now surpassed the $4 billion mark. But the Mayor isn't revealing specific names of developers just yet.

However, Brown did note that included in the economic development projects are the already completed New Era Cap building on Delaware and the brand new Blue Cross Building on West Genesee Street.

Brown says the interest in future economic development for downtown and the City includes new housing, retail and restaurants. But the Mayor says he can not reveal when any big announcements on the next project will occur.

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