WBFO Business & Economy Desk

The Business and Economy News Desk is funded by The M&T Charitable Foundation.

File photo/Visit Buffalo Niagara

The Erie County Comptroller is blasting a proposal to hire a consultant that would analyze and determine feasibility of an expanded or new convention center. But his rejection of the idea is generating its own criticism.


Michael Mroziak, WBFO

A large chunk of land in the City of Lackawanna where the former Bethlehem Steel plant once stood is now the property of Erie County. After infrastructure updates, the county will pursue companies to help convert the space into a business park that will include renewable energy-powered advanced manufacturing.


WBFO file photo

Congressman Tom Reed is celebrating a new business deal involving a Southern Tier company that will reportedly create 1,000 jobs. But he says reforms must be made if U.S. manufacturing is to rise up.


Mike Desmond/WBFO News

Buffalo's Zoning Board of Appeals has granted waivers to help a planned arts campus at Richmond and West Ferry. The project, which saw plans fall apart previously, has raised concerns among neighbors.


WBFO News photo by Chris Caya

An independent boutique hotel is now open for business in Amherst. Iskalo Development, President and CEO, Paul Iskalo unveiled the Reikart House, on Main Street at the I-290, Thursday.

WBFO News photo by Chris Caya

The effort to redevelop the downtown Buffalo waterfront has taken another step forward. Developers are being sought for vacant sites at Canalside.

WBFO's Mike Desmond

The Buffalo Zoning Board of Appeals began its day Wednesday in a meeting room high up in City Hall and finished late in the evening in a sweltering Common Council Chamber, dark from some light bulbs that were not working. In the end, the board approved a controversial grocery store on Hertel Avenue and a major residential development at Elmwood and Forest.


WBFO News photo by Chris Caya

The redevelopment of the long vacant Hotel Niagara is being touted as another sign of Niagara Falls' rebirth.

Michael Mroziak, WBFO

A longtime daycare provider has opened a new facility in an underserved Buffalo neighborhood. A ribbon-cutting ceremony was held Friday morning at 377 Kensington Avenue for Mary's Little Lambs.


Chris Caya WBFO News

The transformation that TM Montante Development is planning for a prime piece of real estate in downtown Niagara Falls includes a partnership with Niagara University. Most of the commercial space will be dedicated incubator space for NU's Niagara Global Tourism Institute.

Dairy Co-op earns state's "Grown & Certified" designation

Jul 12, 2017

A dairy cooperative headquartered in Cheektowaga has joined the ranks of companies recognized by New York State as "Grown and Certified."


WBFO News file photo

A new law is now on the books that should give the Niagara Frontier Transportation Authority a bit of a lift.

Mike Desmond/WBFO News

Common Council members say they back inclusionary zoning, which requires new housing to set aside a certain percentage of units as affordable housing.  While most agree upon the goal, finding common ground on the specifics is proving to be more difficult.


Chris Caya WBFO News

An old office building in downtown Buffalo, that sat vacant for decades, is now the region's newest boutique hotel, restaurant, and bar.

Recommendations for Central Terminal unveiled

Jun 30, 2017
Michael Mroziak, WBFO

The Urban Land Institute on Friday completed a week of studies and interviews, delivering its recommendations for how to redevelop Buffalo's Central Terminal.


Mike Desmond/WBFO News

In the world of high-tech and venture capitalism, there are three requirements: entrepreneurs, investors and customers. UB's Bright Buffalo Niagara Entrepreneur Expo on Wednesday looked to bring those parties together.


Mike Desmond/WBFO News

As the NFTA prepares environmental impact studies on a possible Metro Rail extension, planners are also looking at specific station sites and what development might take place around the locations. The issues were examined during a Wednesday public meeting at UB's Hayes Hall.


Michael Mroziak, WBFO

Three small businesses will spend the summer selling their wares from a downtown Buffalo storefront, rent-free, with the city's hope they'll eventually open a permanent shop along Main Street. The Queen City Pop-Up is underway with its sixth edition of an initiative that leaders say is resulting in new businesses opening downtown.


Michael Mroziak, WBFO

The Buffalo Niagara Partnership delivered its annual report to members Thursday morning, announcing an initiative to fine-tune job skill development in Western New York and a recently-formed alliance that aims to open doors on both sides of the US-Canada border.

Overwhelmed by the material from nearly three hours of public hearing yesterday, the city's Zoning Board of Appeals tabled a decision on the planned Chason Affinity project at Elmwood and Forest.


blueRock Solar.com

Grand Island soon will be home to the largest community solar installation in New York state. The $7 million project was recently unanimously approved by the Town Board.

Chris Caya/WBFO News

The next generation of automobiles has been traveling the streets of Western New York. And WBFO went along for a demonstration ride on the University at Buffalo's North Campus.


amazon

Hundreds of new jobs are on the way for local residents. The largest Internet-based retailer in the world is setting up shop in the Town of Lancaster.


WBFO File Photo

A Western New York Congressman is throwing his support behind a bill that seeks to fill jobs with trained apprentices by offering federal tax credits to those who do the hiring.


U-Haul

Renovation plans for a large vacant building just off the I-190, in South Buffalo, are moving forward.


Chris Caya WBFO News

Uber is ramping up operations ahead of the June 29 launch of ride-hailing across Upstate New York.

The Historic Palace Theatre in Lockport has been awarded a $423,000 state grant to help with ongoing renovations. But the Palace is more than a theater—it also plays an important role in the city's economy.


Michael Mroziak, WBFO

A North Tonawanda business plans to boost its workforce in order to produce a new line of materials. New York State is offering some financial help to make it happen.


Stategic Financial Solutions

A New York City based financial services company is expanding into the Buffalo area and plans to create more than 1,000 new jobs.

At a cost of over $600 million, the SolarCity project in Buffalo's Riverbend section represents one of the costliest efforts ever for New York taxpayers. The costs, however, didn't stop with construction. After sifting through thousands of pages of documents, Charlotte Keith of Investigative Post has placed a spotlight on how the public has been footing the bill for a wide array of expenses.


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