Tag: rainbow boulevard

Niagara Falls hotel owner may build another hotel next door

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From the Buffalo News:

The owners of the Wingate by Wyndham hotel in downtown Niagara Falls have acquired the neighboring lot and may build another hotel there. Read More…

Niagara Falls development financing falling into place

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From WBFO News:

Across Niagara Falls, there are projects suggesting the tourism boom – and development that feeds off tourists – are here to stay for the long haul. Read More…

Largest Non-Casino Project in Downtown Niagara Falls in 40 Years Taking Shape

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From Time Warner Cable News:

It seems fitting that the Hyatt Place Hotel, the long-discussed and delayed $35 million project under construction on Rainbow Boulevard in Niagara Falls, has hit a few bumps once shovels went into the ground. Read More…

Gov. Proposes Buying Downtown NF Properties

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From WGRZ Channel 2 in Buffalo:

For the first time in a very long time, there are signs of life in downtown Niagara Falls.

On Rainbow Boulevard, construction crews have been working around the clock to build Mark Hamister’s $35 million Hyatt Place hotel, set to open later this year. The world-famous Rainforest Café opened on Old Falls Street in 2015, and a few years before that, the downtown corridor welcomed the launch of the Niagara Falls Culinary Institute. The Robert Moses Parkway, with its prime riverfront location, will be more accessible due to a reconfiguration project funded through the state’s Buffalo Billion investment program.

In his State of the State speech last week at the University at Buffalo, Gov. Cuomo credited the state’s Buffalo Billion investment for creating $200 million in additional private-sector investment.

Then, as he unveiled the second phase of the Buffalo Billion, the governor announced a proposal for even more state investment.

“We’ll acquire underutilized property in downtown Niagara Falls,” Cuomo said. “So we can free up that land that has been locked up for too long and actually have productive commercial activity developed on it that capitalizes on the growth.”

Hotel project eyed for Rainbow Boulevard

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From the Niagara Gazette:

Another new hotel project is in the works in the city of Niagara Falls.

The board of directors for the Niagara County Industrial Development Agency is expected to consider an application for assistance today from Plati Niagara Inc., LLC, a firm owned by the Strangio family, operators of the Quality Inn Hotel franchise and Antonio’s Banquet and Conference Center on Niagara Falls Boulevard.

A released issued by the NCIDA on Tuesday said Plati Niagara plans to construct an “upscale hotel under a national franchise” on a parcel of land located at 333 Rainbow Blvd. in Niagara Falls.

Falls hotel to get funds for retail, restaurant

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From the Buffalo News:

A Canadian hotelier currently refurbishing two Buffalo Avenue hotels will receive $1.1 million in city and state money to bring retail and possibly a chain restaurant to one of them.

Faisal Merani plans to spend $3.8 million to expand the restaurant and retail area of his Holiday Inn at First Street and Buffalo Avenue, near the Rainbow Boulevard roundabout downtown.

Fixing the Falls: Downtown still under development

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From the Niagara Gazette:

The DiCienzio family has been doing hotel business on both sides of the border in Niagara Falls for years.

In 2007, the family business, Canadian Niagara Hotels, sold the old Holiday Inn at the corner of Third Street and Rainbow Boulevard to make way for its demolition as part of the expansion of the footprint for the Seneca Niagara Casino and Hotel.

Three years later, the Dicienzios, who own several hotel properties in Niagara Falls, Ontario, returned to the American side with an investment in the former Crowne Plaza Hotel. The Third Street property has since been renovated and re-opened under the Sheraton flagship. Last month, the company opened a TGI Friday’s restaurant inside the hotel on the side facing Old Falls Street.

Michael DiCienzio says favorable Canadian currency rates and other market factors played a role in the family’s decision to invest downtown. He said improvements to the appeal of the area helped as well.

“It’s better since they took out the Wintergarden and developed the Old Falls Street promenade,” DiCienzio said. “You have the anchors at each end with the casino and the park and now everything else can line up in between. It’s absolutely moving in the right direction. There’s no doubt about that.”

Auction of former Hotel Niagara goes to Vancouver bidder for $1.25 million

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From the Buffalo News:

A 30-year-old Vancouver man placed the winning $1.25 million bid for the former Hotel Niagara at an auction Tuesday.

Jamil Kara said he plans to turn the 12-story building at Rainbow Boulevard and First Street downtown into a boutique hotel and condominiums.

Kara, who was one of 10 qualified bidders, said that he has been in the condo and hotel business for about seven years and that his development group owns several high-rises in the British Columbia city.

He said he also was involved in the Film Work Lofts, a recently completed project in Hamilton, Ont.

Condemnation for Hotel Niagara?

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From the Niagara Gazette:

It appears as though the old Hotel Niagara is headed for condemnation.

City council members learned Monday that a recent inspection of the Rainbow Boulevard property revealed several areas of concern, including the lack of electricity, heat and an operational fire protection system inside the building.

Chief Code Enforcement Officer Dennis Virtuoso stopped short of saying the building would be condemned but said representatives from his office would pay a visit sometime today.

View from 9th floor gets judge’s clearance

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From the Buffalo News:

A ninth-floor observation deck in One Niagara on Rainbow Boulevard is open to the public after a judge’s ruling allowed the building’s manager to sidestep approval from the city to open the top floor.

Supreme Court Justice Richard C. Kloch Sr. on Thursday issued an order to allow the building’s ninth floor to open while its manager, Frank Parlato Jr., seeks new site plan approval for the building and a certificate of occupancy for the ninth floor…

The upper rapids in the Niagara River and a sliver of the falls can be seen from the building’s top floor, as well as bird’s-eye views of Niagara Falls State Park and downtown Niagara Falls.

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