Another brick in the Genesee Wall may be close to being re-mortared. Businessmen Aaron Ackley, has acquired 112 Genesee st from restaurateur Steve Calvaneso. He has some interesting plans for the property, according to Business First.
Ackley said he is still working on final plans for the building, a four-story, 7,000-square-foot structure. The deal is his first downtown real-estate venture.
“This is the kind of building we were looking for, something of a diamond in the rough,” Ackley said. “Downtown is an area that’s growing.”
Ackley said his initial plans are centering on some form of mixed use project with apartments or lofts on the upper floors and a retail or restaurant operation on the first floor.
Ackley paid $155,000 for the building, which once was Ellicott Paint co. The structure is a crucial piece of the much-discussed, yet moribund Genny row which greets motorists exiting the final leg of the Kensington Expressway into Downtown
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So, it finally looks like something is going on here, eh?