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Work Continues on $60MM 201 Ellicott Street Apartments

Work continues to progress on the 201 Ellicott Street project located in the financial district of Buffalo, NY. The 7-story, $60MM project will include a 195,000 SF residential building containing 200 residential units and an adjacent 18,000 SF retail space to be occupied by Braymiller Market. The project will bring additional affordable housing to the downtown core of Buffalo, with all 200 units available at 50-80% AMI. CMC was engaged by both the construction lender and equity fund investor to provide an upfront project plan review and cost analysis, as well as monthly site inspections and ongoing construction progress monitoring services.