The City has selected Sabres’ owner Terry Pegula’s proposal for the Webster Block at the foot of Main Street. According to The Buffalo News, Pegula beat out a proposal from Ellicott Development and Castle Mosey for the 1.7 acre site, located directly across from First Niagara Center and Canalside.
Pegula’s $123 million Harbor Center proposal calls for a 200-room, full-service hotel to be built by Benderson Development, retail and restaurant space, a 965-car parking ramp, and a two-rink hockey facility that will be available for public use, skate clubs, hockey tournaments and other events.
Ellicott Development and Castle Mosey proposed a $64 million project consisting of a 140-room hotel, 42 apartments, 110,250 sq.ft. of office space, 8,600 sq.ft. of retail space and parking for 1,089 cars.
Construction on Harbor Center is expected to begin by March and the complex would open in stages with the garage, retail and ice facility opening by September 2014 and the hotel in June 2015.