Growth continues in downtown housing market
When First Amherst Development began to convert the old Elk Terminal to apartments in 2003, there wasn't much in that Old First Ward neighborhood. Now, it's adding 23 more units.
The new units are in addition to the always-filled 72 units for customers who want to live on the edge of Downtown.. The company has been joined in developing the area by Ellicott Development, something welcomed by First Amherst President Ben Obletz.
"We're enthusiastic about them seeing the opportunity that we have for a long time down there. And it continues to build a critical mass," Obletz said.
"We're thrilled that the new Coffee Rich building that Ellicott Development has converted there is just another terrific addition to the neighborhood."
First Amherst, Seneca Buffalo Creek Casino and Ellicott's growing array of developments are supplying living space for those who want to party in the Cobblestone District, watch events in First Niagara Center and walk to Downtown offices or work in Ellicott's new Fairmont complex.