
BUFFALO, N.Y. (WBEN) - In his annual State of the City address, Buffalo Mayor Byron Brown outlined his goals to grow Buffalo with an innovative approach for more economic development, job creation, and skills training for the rest of 2020 and years beyond.
"(We want) a built-knowledge-transfer pipeline and talent development hub," Brown said. "This strategy is driven by our effort to compete in the global race for talent and placemaking while ensuring diversity, equity, and inclusion."
Among the announcement made was that Seneca One developer Doug Jemal agreed to forego tax breaks for his project at the tower in order to advance infrastructure improvements in the city. Instead, Jemal will direct $15 million in full tax payments to the "Accelerate Buffalo" fund. Brown said the city will pledge $25 million towards the fund in order to support business development and talent attraction through infrastructure improvements.
Jemal said Thursday that the apartments are ready at Seneca One tower but they are not available to rent yet because construction workers are still on the site. He said he wants Seneca One wants to be opened as "beautiful and magnificent".