Closing still looms, but Ellicott Station plans all set

17 Aug 2018 10:59 AM | Anonymous member (Administrator)

By JIM KRENCIK, Batavia Daily News (NY)

The financing structure of the proposed residential, commercial and brewing campus at Ellicott Station remains unresolved, but the design of the mixed-use project has been finalized.

“Subtle changes” forwarded by Savarino Companies to meet the requests of the State’s Homes and Community Renewal - one of the multitude of public and private financiers of the $20 million projects - met the approval of the Genesee County Planning Board Thursday.

Courtney Cox, a development associate at the Buffalo-based developer-contractor, said the guidelines of HCR led to the project’s residential units being increased from 51 to 55. The reasoning was that the state sets a square-footage maximum for single-bedroom units to ensure funding has the maximum impact, and four more could be fit into the proposed footprint.

For the entire article, see

http://www.thedailynewsonline.com/bdn01/closing-still-looms-but-ellicott-station-plans-all-set-20180810