NORTH TONAWANDA – Beautiful views of the Niagara River will be the ultimate goal of a nearly $14 million apartment/townhouse project called Rivers Edge, which has been presented to the North Tonawanda Common Council.
The site at 600 River Road, north of East Pier Marina, has been in development for nearly five years, according to owner Lucian D. Visone Jr., a Clarence contractor and property manager. He and operations manager Tom Celik, who had established Rock One Development LLC, presented their plans to the Common Council.
The proximity to the water, parks and downtown bars, restaurants and shopping were a huge draw to the site, Visone said. “There’s no place you can go to rent an apartment on the water right now,” Visone said.
The site would include 102 units – 26 two-bedroom townhouses, four two-bedroom upper apartments above retail space, and two 36-unit, four-story apartment buildings that would be built on the edge of the Niagara River. All of the property management, including snow plowing and grass cutting would be done by Rock One Development.
Rental rates are expected to be about $1,200 to $1,800 a month.
But the demand is clear, according to Visone, who has been getting calls from folks interested in renting apartments.
The L-shaped property, a former marina, has the majority of its site on the waterfront and that’s where the building of the two-story apartments will begin. As demand warrants, the development will include townhouses, which will be built toward River Road. The final phase of the development, along River Road would be two retail buildings with a total of four boutique-style retail shops – two in each building along with a total of four second-floor apartments.
Visone said following approvals, they hope to begin construction in April. The development would be completed in two to five years. A final site plan review with the City of North Tonawanda Planning Board will be held Feb. 1, and a presentation for approval will be made to the Niagara County Planning Board next week.