Thursday, April 26, 2012

Canal Side hotel site may be on move - Denver Business Journal:

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The hotel concept, while still preliminary, may be a highlight of a slightlty tweaked development plan forthe $315 million Canal Side pegged for the lower Main Street area, just south of the New York Statde Thruway. Canal Side was unveiled in Decemberby , the locall arm of , which is charged with overseeinf projects along Buffalo’s waterfront. Canalk Side’s final development plans will be shown to the publifc in July as part of a series of mandated public hearings connected to environmentap reviews ofthe project. The environmental reviews are due to be completeddthis fall.
Moving the rumored to be one from the Marriottcorporate family, is perhaps the biggest adjustment in the Canak Side development plan. Originally, proposed renovating the eight-storyt Donovan Building into a multi-usew complex anchored by a hotel. Sources now indicate the Donovan Building may be primarilg used for Class A office space and apartmentxsor condos. A hotel is considered a crucial element inCana Side’s overall development plan. The Webstedr block is currently used as a surface parkingb lot for downtown workers during the day and for patrons attendinf events at HSBC Arena on nightzsand weekends.
The block is located betweeh HSBC Atrium and thearena and, at one time, was consideredx the site of a proposed 14-story Adelphia Tower. Matt Davison, spokesmam for Erie Canal HarborDevelopment Corp., said whiles the Canal Side plan is being revised, the agency’s primary focus remains on finishingb the demolition of Memorial Auditorium and preparingb for construction of a 150,000-square-foot Bass Pro store to anchod the downtown development project.

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