After losing out to Terry Pegula for development rights to the Webster Block, Ellicott Development is eyeing a parcel in nearby Waterfront Village for a mixed-use development. “The Carlo” would include offices, a hotel, apartments, restaurants and a spa according to Business First. The project would be built on city-owned land next to the Waterfront Village Office Center.
From Business First:
The project, dubbed “The Carlo” after [Ellicott Development chairman Carl] Paladino’s grandfather, was the centerpiece of Mayor Byron Brown’s “State of the City Address” delivered Friday afternoon. The project is to include Class A office space, a 138-room hotel, apartments, restaurants and a spa.
Among its highlights, the Carlo will feature:
• An estimated 100,000-square-feet of Class A office space
• A 138-room hotel. Paladino said he is negotiating with several major hotel chains
• 32 apartments including four penthouse units
• A 5,000-square-foot spa and fitness center
• More than 8,600-square-feet of banquet facilities, including a “green roof” where patrons can walk outside and look out on Lake Erie and the marina
• A pair of upscale restaurants including one that will be on a rooftop
• A bar
• Indoor pool
• A 602-space parking ramp
• A parking lot with 40 spaces
A later phase will add a series of one-story and two-story buildings designed for retail and small-scale commercial tenants.
Pending various municipal reviews, Paladino said he hopes to break ground next spring and have the Carlo open by 2015.
Ellicott Development has Waterfront Village development experience. The firm built eight townhouses on Lakefront Drive in 2005. It also built a 13-story condominium tower with 49 units and five townhouses at Waterfront Place. Eighty percent of the units at Waterfront Place are sold with the balance leased. There is vacant land at that site to construct additional residential units.
Entry image of preliminary plan from Business First/Ellicott Development