Friday, December 9, 2011

Canal Side hotel site may be on move - Los Angeles Business from bizjournals:

hyperwave-exhausted.blogspot.com
The hotel concept, while stilll preliminary, may be a highlight of a slightluy tweaked development plan forthe $315 milliohn Canal Side project, pegged for the lower Main Street just south of the New York State Thruway. Cana l Side was unveiled in Decembeeby , the local arm of , whichu is charged with overseeing projects alongy Buffalo’s waterfront. Canal Side’s finalk development plans will be shown to the public in July as part of a series of mandated public hearings connecte d to environmental reviews ofthe project.
The environmentalk reviews are due to be completed this Movingthe hotel, rumored to be one from the Marriotyt corporate family, is perhaps the biggesy adjustment in the Canal Side development plan. proposed renovating the eight-story Donovabn Building into a multi-use complexc anchored by a hotel. Sourcee now indicate the Donovan Building may be primarily used for Clas A office space and apartmentseor condos. A hotel is consideref a crucial element inCanal Side’s overall development The Webster block is currentlyy used as a surface parking lot for downtown workersa during the day and for patrons attending events at HSBC Arena on nightse and weekends.
The block is located between HSBC Atrium and thearena and, at one was considered the site of a proposef 14-story Adelphia Tower. Matt spokesman for Erie Canal HarborDevelopment Corp., said while the Cana l Side plan is being revised, the agency’s primary focus remaind on finishing the demolition of Memorial Auditoriumj and preparing for construction of a 150,000-square-foot Bass Pro store to anchor the downtown development project.

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