BUFFALO, N.Y. (WIVB) – Buffalo’s historic Trico Building is in store for a $50 million makeover. The plan was announced during Buffalo Mayor Byron Brown’s State of the City address.
The Krog Corporation is partnering with Hart Hotels for the development which will include two hotels, apartments and other commercial uses.
“We’ve done a lot of historic preservation projects before and we’re very confident we’re going to be able to make this work,” Peter Krog said.
The building at Goodell and Washington Streets stands at the edge of the Buffalo Medical Corridor.
The project calls for construction of both a boutique hotel and extended-stay hotel, with about 230 rooms in total. There will also be several 1,200- to 2,000-square-foot apartments, commercial and retail space, as well as indoor parking garage.
The “loft-style” apartments will use some of the building’s historic interior components.
The building was Trico’s plant #1, the first manufacturing plant for the automatic windshield wiper