Buffalo Place Inc. is the not-for-profit organization dedicated to improving the economic health and quality of life in Downtown Buffalo. In 1982, a group of property owners and political leaders recommended the formation of a 24-block business improvement district. Buffalo Place manages the Downtown core surrounding the pedestrian mall, which was developed as part of the Light Rail Rapid Transit Project.
Buffalo Place activities are partially funded by special charges paid over and above property taxes within Downtown’s Special Charge District. The Special Charge District includes Main, Pearl and Washington Streets from Goodell Street to the Buffalo River.
Some constituent properties include One Sececa Tower, Main Place Mall, HARBORCENTER, Hyatt Regency Buffalo, M&T Plaza, Key Center, Ellicott Square, One Canalside, The Brisbane Building, and the majority of Downtown’s large office buildings. The corporation’s annual budget is 1.8 million dollars, 71% of which comes from a special assessment paid by Downtown property owners. Additionally, 10.5% is generated by our marketing and special events initiatives. Our property owners have a substantial investment in Downtown and are committed to Downtown’s success. We strive to make Downtown Buffalo clean, safe and fun. Click here for a history of Buffalo Place.
|Special Charge Paid By Property Owners||71%||Administration||20%|