Downtown Buffalo Development Recap – 2022 Edition

It was an off year for downtown development with only a handful of projects completed. 2023 is more promising with several large projects under construction that will come online this year. Despite uncertainty over the direction of the national and regional economies and any long-term effects on downtown post-Covid, projects are getting announced and properties are being sold.

Last year, just seven projects were completed, seventeen projects were under construction and twelve projects were announced. Activity has been fairly steady. In 2021, fourteen projects were completed, thirteen projects were under construction and nineteen projects were announced. In 2020, fifteen projects were completed, fifteen were under construction, and nineteen were announced.

Map PDF: here

Read more in Buffalo Rising


Share This

GAR Associates LLC NY Appraisal and Consulting Firm

Call us at (518) 579 - 3770 to begin your next appraisal project

Are you a town or municipal looking to deliver real property assessments to the public with a few clicks? PROS is here.