Manufacturing could soon return to Buffalo’s waterfront with the announcement this afternoon that a Canadian furniture-making plant will set up shop on the Outer Harbor.
Gracious Living Corp., which makes composite patio furniture, housewares and shelving, has agreed to occupy two vacant warehouses on the harbor now owned by the Niagara Frontier Transportation Authority, Gov. Andrew M. Cuomo announced.
“Gracious Living Corporation will breathe new life into two abandoned waterfront structures and facilitate private sector investment and job growth in Western New York,” Cuomo said in a statement. “We are pleased to welcome the company to build their first U.S. plant to serve its growing U.S. market, as we continue to foster redevelopment on Buffalo’s waterfront and revive New York’s manufacturing industry.”
The Toronto company will purchase the nearly 50 acres of prime waterfront property from the NFTA for $4.7 million, Cuomo said. The company would receive $2 million in tax breaks and would create 250 new jobs.
“It provides the NFTA with a global solution for exiting its waterfront property; at the same time helping to create job growth in the region and generate much needed revenue for the NFTA,” said NFTA Chairman Howard A. Zemsky.
The announcement comes weeks after Cuomo announced the state would create a new state park on the Outer Harbor to free the land from the NFTA’s control while accommodating current efforts to make the long-vacant strip a recreational hub.
The company will have a 120-day due diligence period to test for environmental concerns, officials said, and it is unclear when the manufacturing plant would open.