A cluster of major clinical, research and academic projects and smaller residential and commercial reuse projects are advancing on and near the Buffalo Niagara Medical Campus.
The projects coming online over the next two years carry a total investment of at least $930 million, highlighted by the new, $375 million University at Buffalo School of Medicine and Biomedical Sciences under construction at 955 Main St.
The large-scale medical construction projects on the campus are generating spin-off residential and commercial activity, pulling in developers who are confident that medical workers, faculty and staff will want to live near the campus.
By the time the major projects are completed in 2017, employment on the campus will increase from the current 12,000 to 17,000.
1. Roswell Park Cancer Institute’s Clinical Sciences Center
Carlton Street and Michigan Avenue
Cost: $50.5 million.
Square feet: 142,000.
Opening: First occupants move in spring 2016.
Eleven-story clinical and diagnostics center will house new patient screening, an outpatient clinic, team diagnostics, labs and clinical and office space. It’s the first clinical expansion at Roswell Park since 1998.
Work on the façade and the interior of the first six floors is expected to wrap up by March. Interior work on the top five floors is set to start in April, and the building should be 80 percent complete by the end of the year.
2. University at Buffalo School of Medicine and Biomedical Sciences
955 Main St.
Cost: $375 million.
Square feet: 628,000.
Opening: Spring 2017.
Construction on the first three floors of steel for UB’s new Medical School is set to begin this winter.
A 280-foot tower crane is expected to go up in the spring for construction of floors four through eight. Steel construction will go through most of the year. Work on the exterior of the building will begin in late 2015 and extend into 2016.
3. Conventus medical office and research building
1001 Main St.
Cost: $110 million.
Square feet: 350,000.
Opening: Starting end of March.
Conventus will open its doors to its first tenant, the drug-development company Albany Molecular Research Inc., this spring. The parking underneath the building also will be operational by then. The rest of the building will be finished by the end of June.
4. Oishei Children’s Hospital of Buffalo
818 Ellicott St.
Cost: $270 million.
Square feet: 425,000.
Kaleida Health is building a 12-floor, 183-bed hospital, connected by a walkway to Buffalo General Medical Center, to replace Women & Children’s Hospital of Buffalo on Bryant Street. The John R. Oishei Foundation gave $10 million to name the hospital.
Site work began last summer, and contractors began pouring the concrete foundation in December.
5. Krog Corp. redevelopment of former Trico building
791 Washington St.
Cost: $50 million (estimated).
Square feet: 500,000.
Opening: Early 2016 for the first phase.
Krog Corp. is planning to turn the former Trico complex into hotel, residential and retail space and has sought state brownfields and historic tax credits for the project.
The empty industrial property has 617,000 square feet in five buildings over two acres, but the developer plans to demolish part of the building so the overall size of the structure would drop to about 500,000 square feet.
Krog is teaming up with Hart Hotels, with plans calling for the construction of an extended-stay hotel aimed at Medical Campus visitors and a boutique general hotel – with 230 rooms in all – plus several loft-style apartments of 1,200 to 2,000 square feet each.
6. Campus Square apartment complex
38 Holloway Blvd.
Cost: $60 million to $75 million, depending on the final scope.
Square feet: 380,000.
The Campus Square development is starting with an eight-floor, mixed-use development on a 12-acre site at the northern edge of the Medical Campus.
The project is a partnership between McGuire Development and Mark Trammell, who owns the Pilgrim Village campus of 90 units of federally subsidized apartments now on the site. The partners plan to break ground in the spring for an eight-story building featuring between 155 and 190 apartments.
7. Frey the Wheelman properties
509 Ellicott St. and nearby parcels
Cost: To be determined.
Square feet: Up to 57,000.
Opening: Construction to begin in 2015.
Uniland Development Co. last summer spent $1.3 million to buy a number of parcels, containing five structures and a surface parking lot, on 1.45 acres at the corner of Ellicott and East Tupper streets. Uniland has plans to redevelop a one-story warehouse at 509 Ellicott St. into a two-story, mixed-use project, with up to 36,000 square feet for offices, retail and residences. Four other former Frey the Wheelman industrial buildings on the site may be torn down to make way for a three-story, 21,000-square-foot office building. Uniland is working to reach tenant agreements, gain regulatory approvals and start construction this year.
8. Phoenix Brewery apartments
835 Washington St.
Cost: $5 million.
Square feet: 55,000.
Opening: Summer 2015.
Construction began in December on the renovation of the 134-year-old former Phoenix Brewery building into luxury, loft-style apartments. The project, which is receiving historic tax credits, will divide the four-story building into 30 apartments. Developer Nick Sinatra and his partners have pledged to contribute 10 percent of the project’s monthly profits to the Say Yes Buffalo Scholarship Fund.
9. Wayne and Waldorf apartments
1106 and 1110 Main St.
Cost: $2.5 million.
Square feet: 35,000.
Opening: 1110 Main starting this month, 1106 Main in February.
Developer Nick Sinatra bought the four-story properties, which date to the late 1800s, last summer for $1.65 million. He is updating them into 32 mid-market apartments.
10. Bosche Apartments
916 and 918 Main St.
Cost: $5.6 million.
Square feet: 33,000 total.
Greenleaf Development and Construction is converting two storage buildings for the former Bosche carriage-making company into 23 high-end apartments with commercial space.
11. Red Jacket Building
Main and Allen streets
Cost: At least $1.6 million just to renovate the apartment units.
Square feet: 31,071.
Opening: Apartment renovations are about three-fourths complete.
Investors Aaron Siegel of Franklin Asset Management and Brett Fitzpatrick of Somerset Cos. last summer bought the historic Red Jacket Building as part of a $16.9 million purchase of 295 units of affordable housing in 10 buildings.
Siegel and Fitzpatrick planned to pour another $13.5 million into renovations, plus $12 million in soft costs for a total of $42.4 million. The buyers received bond financing from the state as well as historic and affordable-housing tax credits. The investors are spending about $45,000 upgrading each of the 36 one-, two- and three-bedroom units in the Red Jacket, with that interior work set to be finished this winter.