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Amherst land purchased for $50 million student complex

The developer of a $50 million student housing complex that was bitterly opposed by some Amherst neighbors has acquired the three parcels where it intends to build.

But the Hub at Amherst project still awaits the start of construction after 2 1/2 years.

Core Spaces in January 2017 announced plans for 154 student apartment units on 6.4 acres on North Forest Road near Bryant Woods South. Facing objections from tenants in a nearby office park, the Amherst Town Board in July 2017 voted down the development.

Core Spaces sued the town, and a State Supreme Court justice in March 2018 ruled in the developer’s favor. The Town Board approved the project in June 2018, with Planning Board approval following.

The developer on Friday paid $750,000 for 2915, 2925 and 2949 N. Forest Road from Curtwright Development Corp.

Core Spaces can't receive a building permit to begin work at the site until it fulfills all the conditions set by the Planning Board, said Ellen Kost, Amherst's assistant planning director.

Amherst Town Board approves $50 million student housing project

 

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