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Buffalo Business News



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Draft Party Brews Success

Buffalo Business Report - Tuesday, June 28th 2016


Turns out projections by Visit Buffalo Niagara were a bit off for the economic impact of the NHL Draft weekend.  Instead of $9.1 million, the activities brought in over $10 million to the area.  Business First also notes that the city handled the NHL combine so well, the HarborCenter-First Niagara Center complex is being considered as the permanent host site.

Speaking of

Buffalo Business Report - Monday, June 27th 2016


Gas prices are slowly easing as we motor on to the July 4th weekend.  The AAA reports the current Buffalo average for a gallon of unleaded gas is $2.40 - down another penny from last week.  It's expected that most U.S. drivers will pay the lowest Independence Day gas prices since 2005.

The U.S. Army Corps of Engineers, Buffalo District has awarded a $318,331 contract, to

Buffalo Business Report - Friday, June 24th 2016


With help from Empire State Development and the ECIDA, Great Lakes Orthodontics has committed to a $4.5 million expansion plan.  The project would add 25,000 feet to its current site on Cooper Avenue in Tonawanda.

Beginning tomorrow, the Buffalo Zoo re-launches its "Zoofari Shuttle" for the summer season.  The shuttle first debuted in the summer of 2015 and became a

Buffalo Business Report - Wednesday, June 23rd 2016


Elon Musk, Chairman of Tesla Motors and Solar City, has proposed acquiring SolarCity Corp. in an all-stock deal valuing it at up to $2.8 billion.  The Wall Street Journal reports Musk and another board member for both companies will NOT vote on the proposal when it comes before shareholders.

The Amherst Town Board has approved an Ellicott Development proposal to build a mixed-use

Buffalo Business Report - Tuesday, June 21st 2016


Pegula Sports and Entertainment and MSG Networks announced a new, long-term rights agreement for Buffalo Sabres games and a comprehensive programming partnership.  MSG Western New York branded programming will include Buffalo Bills programming such as “The Rex Ryan Show,” “Bills All Access” and “Bills Tonight,” and beginning in the fall, a live block of

Buffalo Business Report - Monday, June 20th 2016


The price of gas has gone down slightly, according to the AAA.  A gallon of unleaded gas in this area now goes for $2.41 - down a penny from last week's cost.

Kaleida Health has reached a tentative agreement with three unions on a new three-year master bargaining agreement, covering 7,500 unionized employees.  The contract calls for wage increases and hiring additional

Buffalo Business Report - Friday, June 17th 2016


Eddie Bauer is now open at the Walden Galleria.  It's located on the Lower Level near The Cheesecake Factory.  

Business First notes Carhartt is opening its first ever location in August.  That will be in The Boulevard shopping center - on Niagara Falls Boulevard south of Ridge Lea Road.

Community Action Organization of Erie County, Inc. will move most of its

Buffalo Business Report - Thursday, June 16th 2016


More work is being done at Delaware North's headquarters building at 250 Delaware Avenue.  According to Business First, crews are hammering away at the 130-seat Patina 250 restaurant and adjoining Jake’s Cafe, both of which will offer food options in the company's new digs.

The Buffalo Zoo is coordinating a capital campaign project to renovate its historic reptile

Buffalo Business Report - Wednesday, June 15th 2016


With summer coming officially next week, Holiday Valley has designs on improvements for the winter.  Business First says resort owner Win-Sum Ski Corp., is prepping to make more than $1 million in upgrades to Holiday Valley’s hills and trails.

Foit-Albert Associates has been chosen to design the Riviera Theatre Expansion and Development Project.  Fundraising for that

Buffalo Business Report - Tuesday, June 14th 2016


Buffalo Niagara International Airport has begun nonstop service to Denver via Southwest Airlines.  The service is not an every day occurrence like the one JetBlue begins flying to and from Los Angeles International Airport this Thursday.

According to Business First, the Buffalo RiverWorks silos will be getting a new makeover.  Labatts old labels will be replaced by new labels. 

Buffalo Business Report - Monday, June 13th 2016


The AAA reports local gas prices remained steady at an average of $2.42 for a gallon of unleaded.  That's three cents lower than the statewide average.

On the heels of their successful Hertel Avenue location, Lloyd's Taco is forging ahead with an expansion plan.  The Buffalo Planning Board today will likely approve a plan for a second site at 502 Elmwood Avenue.

Some

Buffalo Business Report - Friday, June 10th 2016


An ECIDA plan to acquire the Clement House at 786 Delaware Avenue and lease it out to various not-for-profit agencies has come under fire by a number of area developers.  Business First reports  officials from the Western and Central New York Region American Red Cross and the ECIDA have talked about the possibility for months.  Such a move would help the groups consolidate services

Buffalo Business Report - Thursday, June 9th 2016


Newbury Street may be spreading to Main Streets across the country.  Owner Paul Tsouflidis, through his company, Crush Hospitality, is beginning an effort to expand the Newbury Street concept across the country and establish a national franchise.  The cafe concept focuses on healthy foods and beverages with a non-GMO promise.  As a result of those plans, Tsoufildis is looking to

Buffalo Business Report - Wednesday, June 8th 2016


Larkin Development Group's Swan Street Diner plan is moving closer to the approval stage.  Business First reports the Buffalo Planning Board will take a look at the proposal as part of its meeting June 13th.  The diner will be located next to the Hydraulic Hearth restaurant and beer garden; it's currently undergoing renovations.

Just Fries is selling just that (plus drinks)

Buffalo Business Report - Tuesday, June 7th 2016


Brooks Memorial Hospital and TLC Health Network have announced some collaborative changes.  The most significant one is that Daniel Rifkin, MD and the Sleep Medicine Center from Brooks Memorial Hospital in Dunkirk, are moving to newly remodeled office space at TLC Health Network’s Lake Shore Health Care Center in Irving.  

Univera Healthcare has committed $30,000 to the U-B
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