Canalside - In Construction and Future Development Projects

Rendering of Heritage Point

Heritage Point – Coming 2027

Sinatra & Company Real Estate was named the designated developer for its “Heritage Point” project, a 104,000-square-foot, two-building development on the remaining portion of the South Aud Block.  This private development will include towpath/street level restaurants and shops, office space and 64 residential units. ECHDC contributed $2 million in funding to the sitework capital improvements, including the Prime Slip, Lloyd Street and Canal Street, which will remain publicly accessible. The state is also providing a $2 million Better Buffalo Fund loan and an additional $6 million loan toward construction. 

Rendering of North Aud Block development

North Aud Block Private Development – Coming 2028

The ECHDC Board has selected Pennrose NY Developer LLC as the preferred developer of the North Aud Block. Pennrose plans envision a transformation of the nearly 2-acre parcel for a mix of commercial, retail, and residential uses that would reflect portions of the original 19th century street grid while also adapting and incorporating 21st century infrastructure and amenities. The project calls for a multiple building development with 251 mixed rate residential units, 142 parking stalls, and commercial retail space at both the towpath and street level. The buildings’ orientation will create a large public space that will be activate throughout the year. The state is contributing $10 million to support this estimated $225 million project.