Ellicott Commons/Oak Street School

New Markets Tax Credit Coalition

Buffalo,
NY
(2005)

Ellicott Commons/Oak Street School

Community, Grocery and Fresh Food, Mixed-use, Retail

NMTC financing for Ellicott Commons/Oak Street School, a mixed-use project.

Investment

NMTC Amount: $7,228,482
Total Project Cost: $9,290,228

IMPACT

108 FTE jobs
65 construction jobs
27,000 sq. ft. of real estate

CDEs

Enterprise Community Partners

Investor

Citibank

Project Description

MIXED USE OFFICE RETAIL RESIDENTIAL project. Ellicott Commons and Oak Street School are located on nearby sites in downtown Buffalo, New York. Ellicott Commons is composed of several adjacent structures in a Main Street setting. One of the structures was preexisting and the others were new construction with historic design elements to blend in with the streetscape. The project contains 32 market-rate rental apartments and approximately 27,000 sq. ft. of commercial space.

Current and identified commercial tenants include an upscale neighborhood grocer, a copier/fax technology company, a voice-over-internet firm, and a collection agency. Oak Street School, a historically significant site previously used as a school, was redeveloped into 29 loft-style market-rate rental apartments and approximately 8,400 sq. ft. of commercial space.

MAP

Address: 461 Ellicott Street, Buffalo, NY 14202

Census Tract: 36029016500

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