Share this article

print logo

Paladino rules out housing or recreational use for property near RiverWorks

Developer Carl Paladino said only industrial and commercial uses are being planned for his 13 acres of property next to Buffalo RiverWorks.

RiverWorks is developing into a winter sports and entertainment destination, but Paladino said he doesn’t want to do anything on the Ganson Street property that could impede the grain mill operations of Archer Daniels Midland, across the street, or nearby General Mills.

“There are a lot of jobs that ADM and General Mills provide, and we respect the fact that they provide those jobs,” Paladino said. “We don’t intend to even remotely try to put housing on Ganson Street, or do further recreation. We don’t want to drive those businesses out of Ganson Street, and highly support that street staying as an industrial street.”

Paladino and investment partner Victor Liberatore paid $2.17 million at a public auction in June for the 201 Ganson St. property, which includes five buildings and about a quarter-mile of direct waterfront access.

Paladino said some of the property at the former American Ship Builders site – most recently used by Man O’ Trees – will be used by RiverWorks for temporary parking.

Ellicott Development Co., which Paladino runs with his son, William, is putting up a four-story apartment building on the other side of the Buffalo River, at 301 Ohio St. It will include a restaurant and bar on the first floor and boat docks. A 100,000-square-foot office building is planned across the street at 300 Ohio St.

While Paladino does not plan entertainment uses for the Ganson Street property, he said RiverWorks has approached him about allowing a zip line to run from its property to the apartment building, expected to open in 2016. He chuckled at the thought of a zip line across the river.

“We said that stuff is a little beyond what we want to be responsible for, but I don’t know. Who knows what will happen?”