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Grants awarded to 2 Niagara Falls development projects

A rendering of the new Cambria Hotel Niagara Falls.
Silvestri Architects PC.
Empire State Development Corporation
A rendering of the new Cambria Hotel Niagara Falls.

The USA Niagara Development Corporation Board of Directors has approved two grants for new mixed-use projects in downtown Niagara Falls, which leverage private-sector investment to facilitate economic development.

A grant of up to $1.7 million was awarded to Plati Niagara Inc. for its $20 million mixed-use Cambria Hotel Niagara Falls project at 311 Rainbow Blvd. The seven-story, 120-room upscale hotel development will also include three new vacation rental residential guest houses that will complement the historic character of Buffalo Avenue’s Heritage District.

A $145,000 grant was also approved for 324 Niagara Street Landlord LLC for its $3.5 million dollar mixed-use rehabilitation project at two historic buildings, 320 Niagara St. and 324 Niagara Street. The board said the buildings represent an important contribution to the late-19th- and early-20th-century urban architecture, commercial history and community development of downtown Niagara Falls.

“USAN continues to support projects that will transform downtown Niagara Falls into a pedestrian, residential and tourist-friendly area,” said USAN Chair Francine Delmonte. “These projects both have historic elements — whether reestablishing a residential block or rehabbing historic properties — that will also add character and vitality to the tourist district.”

Mark Wozniak, WBFO's local All Things Considered host, has been at WBFO since mid-1978.