Page 2 - Severyn Development News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Student-housing developer seeks $9M in tax breaks for $83M project at Muir Woods Buffalo News (NY) $83.3 million student-housing development at Muir Woods in Amherst says it needs nearly $9 million in tax breaks to make the project financially viable. The Austin, Texas-based real estate developer, Aspen Heights Partners, also is seeking an unusual property-tax arrangement to support the project, which includes nearly $5 million in infrastructure improvements for roads and utilities that it says go beyond the basic development. Aspen is planning to construct a residential complex of cotta...

A proposal to redevelop the former Record Theatre complex on Main Street into apartments and retail is moving ahead after the Zoning Board of Appeals granted two variance requests for the planned Monroe Building project. The development team behind the $6 million venture wants to revive what had once been an automobile showroom before it became a well-known music store for several decades under former owner Leonard Silver. The group plans to convert the historic 33,000-square-foot facility into 20 apartments and 10,000 square feet of commercial space, along Main Street and Lafayette Avenue...