Generation Development Group received the green light from the Buffalo Planning Board Monday to convert a former malthouse at Silo City into 158 apartments and nearly 40,000 square feet of ground-floor commercial space.
The $70 million project by the Miami-based firm – in conjunction with Silo City owner Rick Smith – calls for renovating the vacant American Malting Company structure at 139 Buffalo River Road to create residential space, artists’ studios and community space in the westernmost building of the complex.
The building includes a five-story malthouse and an eight-story flour mill section, which crews will restore to maintain its historic integrity even while introducing light wells into the building.
The size and rents of the apartments have not yet been determined.
Work is now expected to start in June and finish by April 2022.
Source: The Buffalo News