Took a walk on 3rd street in Niagara Falls to see the footprint of the new brewery project financed by NYS. To read the Buffalo News reports it seemed like a brewery was being built. But to read this sign it seems like the development company is willing to build a brewery for someone else. Which is a different situation.
Does this mean that if no one wants a brewery built by someone else, that you then lease back from the developer, that Niagara Falls could have a brand new vacant building? Does it mean ground won’t be broken until there is a lease signed?
For those of us who are not English majors, nor development professionals, any idea what the details on this actually are?
Send any comments to tom@thecivicsproject.org
From the Buffalo News Article:
“The plans are to open an events space, with second-floor leased offices, at 500 Third St. in the former Niagara Hudson Building and a brewery-restaurant at 512 Third St. The cost of the projects totals almost $3.4 million, and the new facilities are to create at least 14 new jobs.”
3rd Street, Niagara Falls, N.Y.
