BATAVIA – Details of Ellicott Station, a $20 million development featuring office, retail, residential and entertainment space, are scheduled to be unveiled Wednesday.
The developer of the initial Batavia Pathway to Prosperity project is expected to be announced at 3 p.m. Wednesday in the former Santy’s Tire Sales and Soccio & Della Penna Construction properties at 56-70 Ellicott St., according to development officials.
Sources close to the venture, who have asked not to be identified, said Savarino Cos., of Buffalo, headed by CEO Samuel J. Savarino, plans to redevelop the land, which features five parcels encompassing 3 acres of brownfields. It is part of the city’s 366-acre Brownfield Opportunity Area.
Savarino’s project portfolio in Buffalo includes the current $18 million Buffalo River Landing, a four-story apartment building along the Ohio Street corridor, and Buffalo Iron Works, an upscale music club on Illinois Street in the Cobblestone District.
For quite some time, officials of Batavia Development Corp., or BDC, have been trying to attract investors willing to convert existing buildings and land for mixed use.
The Batavia Pathways to Prosperity investment fund was created as part of a countywide effort to revitalize distressed areas in Batavia. Its partners include the City of Batavia, Genesee County and the Batavia City School District – which have agreed to repurpose a portion of their payments in lieu of tax revenue to support the fund.
Batavia Development and the Genesee County Economic Development Center are acting as the fund’s administrators.
Tax incentives have been set up through the state Department of Environmental Conservation’s Brownfield Cleanup Program and the county Industrial Development Agency.
The sources said Savarino was selected through a request-for-proposal process, adding that the proposed Ellicott Station investment could be as much as $20 million.
Expected speakers at the Wednesday event are Eugene A. Jankowski Jr., City Council president; Raymond F. Cianfrini, County Legislature chairman; Paul J. Battaglia, county IDA chairman; Patrick D. Burk, Batavia School Board president; Ramon C. Chaya, BDC president; and Julie Pacatte, BDC coordinator.