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New warehousing, distribution venture eyes 20 acres at Lakeside Commerce Park

A local developer working with an unidentified warehousing and distribution venture has signed a letter of intent with the Buffalo Urban Development Corp. to purchase 20 acres of land in the Buffalo Lakeside Commerce Park in South Buffalo.

BUDC President Peter Cammarata would not identify either the developer or the group, which he said is being put together to form the new venture. He said the potential buyer, which has been negotiating with the agency for some time, signed the letter within the last month, and extended the agreement further to allow time to negotiate a formal contract.

Located along the Union Ship Canal, the sprawling business park on reclaimed waterfront land along Fuhrmann Boulevard and Tifft Street is a 105-acre former steel-making site that was cleaned up as a brownfield and prepared for reuse under BUDC's direction. In total, the state, county, city and National Grid invested over $30 million in the project.

To date, Sonwil Distribution, CertainTeed Corp. and Cobey Inc. are the major tenants in the park, where they now employ about 400 workers. Sonwil, a warehouse provider and transportation broker, constructed a 300,000-square-foot warehouse on 52 acres, including 14 acres of wetlands. CertainTeed, which makes PVC fence and building products, built a 270,000-square-foot facility on 25 acres. And Cobey, which makes specialty piping systems and compressor packages, erected a 90,000-square-foot building on 12 acres.

The land that is subject to the letter of intent is located between CertainTeed and Sonwil.

Additionally, Cammarata said, the agency is also working with several other parties interested in acquiring land, including one that is "dangling" the prospect of purchasing the rest of the park's vacant land - 80 acres in all.

"We have more prospects for a greater amount of land than we’ve had in quite some time at Buffalo Lakeside Commerce Park," he said.

Canadian manufacturer eying Buffalo Lakeside Commerce Park

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