Buffalo, N.Y., real estate development company has purchased an empty warehouse and its three-acre site in that city order to demolish the structure, according to a report on the www.buffalorising.com website.
Larkin Development Group has purchased a warehouse building one block away from a nearby building it has been renovating. The newly-purchased building, bought for $180,000, will not be renovated, but instead Larkin will demolish it to prepare the land for future development, according to BuffaloRising.
The real estate development company purchased more than 30 properties in the area for planned new office, retail and residential projects in the neighborhood.
A Larkin spokesperson has told BuffaloRising that the company intends to demolish the empty warehouse and remediate the three-acre site. According to the local news website, Empire Building Diagnostics and AFI Environmental Corp. have been hired for the demolition and remediation work that will start in the summer of 2010 and be completed in the fall.
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