Ellicott Development Co. is teaming up with developer and politician Chris Jacobs for a historic reuse project in Allentown.
The development company owned by William and Carl Paladino is working with Jacobs, owner of Avalon Development, on a renovation of a three-story building at 138 Allen St. The structure, built in 1936, is located behind Ellicott's four-story Bellasara Apartments building at Delaware Avenue and Allen Street, and is three blocks from the Buffalo Niagara Medical Campus.
Plans by TRM Architects call for 20 to 25 apartments, with a mix of one-, two- and three-bedroom units, plus "a few thousand square feet" of commercial space on the ground floor that could be expanded by taking out one or more apartments, said Ellicott director of development Tom Fox.
"It's flexible," he said. "We're marketing it a number of different ways."
The project also includes 71 Park St., which adds a driveway and a 20-space parking lot to the site.
Ellicott purchased the building on 0.52 acres last July for $1.1 million, initially for extra parking for the 23-unit Bellasara, but brought in Jacobs earlier this month in a deal valued at $497,025, according to Erie County clerk records. Jacobs, a state senator and former Erie County clerk, is running as a Republican candidate for the seat in New York's 27th Congressional District.
The 44,380-square-foot building is part of the Allentown Historic District, and the developers are working with KTA Preservation Specialists on an application to the National Park Service for listing on the National Register of Historic Places. A listing would qualify the project for state and federal historic tax credits to offset the cost.
Formerly owned by Farnsworth Florist Properties, the steel-and-concrete building had been home to furniture fabricator P.L.U.M. Works, Kenworthy Printing, Bravo Rental Equipment and Markel Electric. At one time, records show the site housed the Holloway Stables, according to Fox.
Separately, Ellicott also purchased the three-story Union Pub building at 38 Swan St., across from Sahlen Field. The company paid $470,000 to former owner William J. Chiodo's 38 Swan Street Buffalo LLC, according to the deed filed with the Erie County clerk.
Fox said "there's no plans yet for that property," but noted that the dark red brick building is next to the Swan Ramp, which Ellicott is now demolishing. The company doesn't yet have plans for its replacement for that ramp, but Fox said it could include apartments above a structured parking facility.
Meanwhile, the pub – formerly the Irish Times, Pat McGinty’s and the Swan Street Station – will continue operating under its current lease in the 6,900-square-foot building.