A building complex integrating traditional and alternative medicine drew support from the Hamburg Industrial Development Agency, which granted tax incentives for the project Tuesday.
Dr. James J. Teter, a neurologist, plans to move his office from Amherst to the former U.S. Sugar Co. property on South Park Avenue in Hamburg as soon as possible. He said he still must close on the property and build the first of at least five new buildings on the 25-acre parcel.
The IDA approved a mortgage tax abatement, sales tax breaks on the purchase of building materials and equipment, plus a payment-in-lieu-of-property-taxes on the project, which is projected to cost up to $1.8 million.
"I think the big advantage here is the property. My goal is to make this a jewel of the community," Teter said at a public hearing Tuesday on the project. "If it doesn't make it financially, it's all for naught. I certainly don't want to take property like this and an opportunity like this and squander it."
The center would be called Bristol Woods Institute, and would be completed in phases. The first phase, which includes buying the property and constructing one building, would cost about $950,000.
The project earned the praise of IDA board members, such as Blasdell Deputy Mayor George Lee.
"I think this is a great thing for the town," he said.
"I think this is a big vision. This is the kind of use the property needs," added Hamburg Mayor John S. Thomas.
Teter said the first floor of the existing Victorian house would remain a dining facility, initially providing banquet facilities and then providing eating accommodations for conferences conducted at Bristol Woods. The second floor would house the offices of holistic practitioners. His office would be located in a new building.
He said some alternative medicine practitioners from Oregon and Toronto are interested in relocating to Hamburg, and he expects four physicians to have offices on the campus.
Michael J. Bartlett, executive director of the IDA, said Teter expects to have more than 100 people working at the institute in several years.
The IDA also granted assistance to a manufacturing firm and a dentist who wants to relocate his office.
Krepe Kraft wants to build a 6,720-square-foot addition to its plant on Bay View Road. The addition will accommodate customer service and management personnel for the specialty tax imprinting business and provide additional production space for its offset printing operation. The $550,000 addition will allow Krepe Kraft to increase its wholesale specialty printing business.
The board granted property tax abatement and a sales tax exemption on materials, machinery and equipment.
The board also approved a sales tax exemption on machinery and equipment for Dr. Charles Travagliato, who wants to build a dental office on Camp Road, which is in the town's enhancement area. He has practiced in an office on Lake Shore Road for 18 years.
Board members also discussed what type of IDA assistance might be available to Joseph Russo, who plans to buy the former post office on Main Street.
"They could fill it by next March. They have a proposed tenant," Thomas said.
"Does it make more sense to treat it as an enhancement project, or does it make more sense to treat it as a normal IDA deal?" Bartlett said.
No decision was made Tuesday.