BUFFALO, N.Y. -- The Buffalo Niagara Medical Campus and its
partner the University at Buffalo today emerged in federal
bankruptcy court as the successful bidders for two major properties
in downtown Buffalo.
The former M. Wile Co. building on the southeast corner of
Goodell and Ellicott streets and the former Trico Products Corp.
building complex on the northwest corner of Goodell and Ellicott
streets and their respective parking lots were purchased for
$20,090,000. Both properties will remain on the public tax
The purchase secures these strategic properties for future use
in conjunction with the goals of UB and those of the BNMC.
UB plans to make the M. Wile Building, more recently known as
Century Centre 2, its sixth property in downtown Buffalo. UB
President John B. Simpson said purchase of the structure by the UB
Foundation underscores the university's plans to increase its
commitment to, and footprint in, downtown Buffalo.
Matthew K. Enstice, executive director of the Buffalo Niagara
Medical Campus, said, "The BNMC is committed to cultivating a
world-class medical campus for clinical care, research, education,
Buffalo Mayor Byron Brown hailed the purchase of the two
properties by UB and the BNMC.
"This is a significant day for UB, the City of Buffalo and all
of our partners in the BNMC," he said. "One year ago, President
Simpson laid out a bold vision for an expanded university with a
third campus in downtown Buffalo. He has shown that UB is very
serious about investing in Buffalo with this important
"My administration has worked closely with UB, the Buffalo Urban
Development Corporation and the Buffalo Niagara Medical Campus on
four parcels in the vicinity of the medical campus, which would
enhance and strengthen our ongoing efforts to attract and foster
incubators and start-up businesses connected to the life sciences,"
The Rev. Michael Chapman, pastor of St. John Baptist Church in
the Fruit Belt adjacent to the medical campus, added, "We have been
working with UB and our other partners within the medical corridor
to revitalize this area of downtown Buffalo, including the Fruit
Belt neighborhood that adjoins it.
"It is a great joy to see that the University at Buffalo is
making good on its promise to invest in Buffalo," Chapman added.
"Together, with the tremendous investments being made by the St.
John Community Development Corporation and other stakeholders, we
can reinvigorate the City of Buffalo."
"This is just the first step in creating a more vibrant presence
for UB in downtown Buffalo," Simpson noted. "This purchase
synchronizes perfectly with UB's plans to grow by 40 percent
between now and the year 2020. With the development of UB's
comprehensive master plan, the growth on our campus centers in
Amherst and on Main Street in North Buffalo will be accomplished
within our existing campus perimeters, in downtown Buffalo we will
be creating new spaces and programs.
"The purchase of an existing, recently renovated structure
allows the university to move ahead to expand immediately UB's
presence in downtown Buffalo and enable it to bring several of its
major public-service programs into closer proximity to the citizens
and organizations they serve," he added.
The UBF plans to honor the contracts of the building's two
tenants -- the Buffalo and Erie County Work Force Development
Consortium and URS Corp. -- and to rent the remaining space to the
university for its programs.
UB's current plans anticipate moving its Regional Institute, a
number of its pre-K-16 initiatives and the Center on Rehabilitation
Synergy, a program of its Graduate School of Education that
provides training, education and research for professionals working
with individuals with disabilities, into the building during the
next 20 months. Additional programs also will be identified to move
into the building.
Regarding purchase of the Trico property, Enstice said, "This
acquisition provides the space for the BNMC to continue growing the
life sciences economy in downtown Buffalo," he added. "It allows us
the opportunity to build on the momentum of the recent move by
publicly traded Cleveland BioLabs to Buffalo from the Cleveland
Clinic in Ohio and to attract more private sector companies to
invest in the area."
The Trico Products Corp. building consists of two structures, a
vacant six-story building at the corner of Goodell and Ellicott
streets that housed the Trico manufacturing plant and an adjoining
The sales were confirmed by federal bankruptcy judge Warren W.
Bentz in the U.S. Bankruptcy Court for the Western District of
Pennsylvania in Erie. The bids were placed by the BNMC.
The two properties are being purchased free of outstanding
debts, including back property taxes, from Stephen B. McGarvey LLC
and its affiliate, Century Centre LP, both of which filed last fall
for bankruptcy protection. McGarvey, an Erie-based developer, died
Closing on the sale of the properties is expected to occur in
Century Centre 2 is located two blocks south of UB's New York
State Center of Excellence in Bioinformatics and Health Sciences at
Ellicott and Virginia streets. Other locations are the Educational
Opportunity Center at 465 Washington Street; the Research Institute
on Addictions at 1021 Main St.; the Jacobs Executive Development
Center at 672 Delaware Ave.; and the Ira G. Ross Eye Institute,
which will house the clinical programs of the Department of
Ophthalmology in the UB School of Medicine and Biomedical Sciences
and will open later this fall at 1176 Main St.