BUFFALO, N.Y. (WIVB) – Sinatra and Company and Ellicott Development have acquired the former Women and Children’s Hospital of Buffalo site from Kaleida Health.
The companies announced the acquisition in a press release released Monday night.
Sinatra and Ellicott plan on turning the site into “a predominately residential and amenity-driven” establishment called Elmwood Crossing. Plans for Elmwood Crossing include a daycare, hotel, and grocery store, as well as condominiums, townhouses and apartments.
The initial estimates call for an investment of $90 million to $110 million, and the project is expected to have a three to four year development timeline. A further unveiling of the plans is expected in early 2018.