Five years ago, a local nonprofit, Centro Cultural Italiano di Buffalo, expressed interest in converting an old unoccupied library into a cultural center for the group. The ball didn’t get rolling until Signature Development got involved, according to Joel P. Feroleto, a member of the city’s Delaware District Common Council, who has been involved in this conversion for more than two years.
Feroleto credits Rocco Termini, Signature’s CEO, for gathering support for the cultural center from both political parties. The state agreed to kick in $350,000 for the renovation, which was matched in February by Buffalo Mayor Byron Brown. The city also donated the land for the center to the community.
After Brown’s announcement, says Feroleto, two buildings near the library were purchased by developers. They plan to convert one of the buildings, a restaurant that had been closed for a decade, into a wine bar, and the other, a church that had been closed for three years, into eight luxury apartments.
Termini, who will oversee construction of the cultural center, and Tomasso Briatico, whose architecture firm is designing it, are working pro bono. Briatico says his design has 4,000 sf of usable space on two floors, including a downstairs kitchen for cooking classes, plus classrooms for cultural preservation education.
“Buffalo is turning a corner, and becoming more of a financial center,” says Termini. His group recently purchased an entire street, where it is developing an incubator space under Start-Up NY, a program that allows new businesses to operate tax free for 10 years. He is also converting an 80,000-sf building in which a software development company and a ceramics manufacturer have each committed to taking 30,000 sf.
Related Stories
Retail Centers | Mar 10, 2015
Orlando's Skyscraper to be world's tallest roller coaster
The Skyscraper is expected to begin construction later this year, and open in 2016. It will stand at 570 feet.
Cultural Facilities | Mar 9, 2015
London council nixes plans to rebuild the Crystal Palace
Plans for the new Crystal Palace Park were scrapped when the city and the project's developer could come to an agreement before the 16-month exclusivity contract expired.
Museums | Mar 5, 2015
A giant, silver loop in Dubai will house the Museum of the Future
The Sheikh of Dubai hopes the $136 million museum will serve as an incubator for ideas and real designs—a global destination for inventors and entrepreneurs.
Reconstruction & Renovation | Mar 5, 2015
Chicago's 7 most endangered properties
Preservation Chicago released its annual list of historic buildings that are at risk of being demolished or falling into decay.
High-rise Construction | Mar 4, 2015
Must see: Egypt planning 656-foot pyramid skyscraper in Cairo
Zayed Crystal Spark Tower will stand 200 meters tall and will be just a short distance from the pyramids of Giza.
Cultural Facilities | Mar 2, 2015
The High Line effect: Placemaking as an economic development engine
As big money and eager tourists flock to Chelsea, cities across the globe are starting to take notice. Chicago, Los Angeles, San Francisco, Seoul, Sydney, Toronto, and Washington, D.C., are among the metros currently planning High Line-inspired park projects.
Industrial Facilities | Feb 27, 2015
Massive windmill will double as mixed-use entertainment tower in Rotterdam
The 571-foot structure will house apartments, a hotel, restaurants, even a roller coaster.
Architects | Feb 27, 2015
5 finalists announced for 2015 Mies van der Rohe Award
Bjarke Ingels' Danish Maritime Museum and the Ravensburg Art Museum by Lederer Ragnarsdóttir Oei are among the five projects vying for the award.
Cultural Facilities | Feb 25, 2015
Bjarke Ingels designs geodesic dome for energy production, community use
A new building in Uppsala, Sweden, will serve as a power plant during the winter and a venue for shows, festivals, and music events during the warm months.
Cultural Facilities | Feb 25, 2015
Edmonton considering 'freezeway' to embrace winter
If the new Edmonton Freezeway is constructed, residents will have an 11-km course that winds through the city and allows them to skate to work, school, and other city activities.