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BHB Member Meeting- Property Tour of Silo City Phase 1

May 3, 2023 @ 4:00 pm - 5:30 pm

BHB Property Tour of Silo City Phase 1

85 Silo City Row, Buffalo, NY 14203

by

Colby Development, LLC

Tour:

  • Date & Time: May 3, 2023 at 4:00 PM
  • Meeting Place: at Construction Trailer
  • Company representatives: Colby A. Smith, President; Giona Paolercio, AIA, EVP: Robert Marcus, Chief Strategy Officer, VP, Associate Real Estate Broker

Silo City is a Colby Development, LLC Adaptive Reuse 2020-2023 Project. Colby Development, LLC is providing Owner’s Representation Service to Generation Development, Owner,  acting as the liaison between the contractors and the owner, serves as the Owner’s eyes and ears throughout the duration of the project, and is responsible for overseeing operations on behalf of the Owner, maintain quality, keep the schedule on time and on budget.

This first phase is a $52 million repurposed project of The American Mill & Warehouse building part of the property includes:

  • 168 residential apartments.  Studio to four-bedroom plans will range from 405 to 1,910 sq.
  • Common area amenities planned for the building include
    • wellness/fitness center
    • resident lounges and gathering spaces
    • conference rooms
    • co-working space
    • 13,000 sq.ft. of office space
    • event space
    • arts and exhibit areas
    • The building will also have several exterior patio and outdoor spaces, with ornamental lighting, niche gardens, public access pathways, and biofiltration features built into the site’s landscape
  • 10,000 SF office/retail space for lease.

Built in 1906, the more than century old American Warehouse once functioned as both a storage facility and research and development operation for the American Malting Company. The complex is listed on the National Register of Historic Places.

Silo City is a historical industrial complex located on the Buffalo River. Built in the early 1900’s, and is made up of 6 historic structures, each representing 6 different companies that formerly operated on the Buffalo Niagara River:

  • AMERICAN WAREHOUSE – This structure was built in 1906 and served as a combination mill and warehouse for the American Malting Company.
  • AMERICAN GRAIN ELEVATOR – Built in 1906 for the American Malting Corporation — this used to be the elevator for the production of beers for Eastern market consumption, but fell victim to the Prohibition.
  • PEROT MALT HOUSE – A five-story red brick malt house was used for malting barley and was built in 1907.
  • PEROT GRAIN ELEVATOR – The Perot Grain elevator is a towering structure — instantly recognizable.
  • MARINE A GRAIN ELEVATOR – This first-of-its-kind grain elevator was built in 1925, and are approximately 120 feet of solid concrete.
  • LAKE & RAIL GRAIN ELEVATOR COMPLEX – The Lake and Rail Elevator was built in four steps over the years 1927 to 1930, reaching a total capacity of 4,400,000 bushels.

In 1963, Silo City was decommissioned from the operation and has dwelt vacant for half a century. Site information links on YouTube are:

https://www.youtube.com/watch?v=n7E7P2idwyo

https://www.youtube.com/watch?v=9UZTCwIUR4g

Details

Date:
May 3, 2023
Time:
4:00 pm - 5:30 pm

Venue