Jordan Levy Steps Down From Canal Corporation to Pursue Business Venture

March 2, 2012 Updated Oct 10, 2013 at 4:05 PM EDT

By WKBW News

March 2, 2012 Updated Oct 10, 2013 at 4:05 PM EDT

BUFFALO, NY (WKBW-TV) - After nearly five years of transforming Buffalo's waterfront, Jordan Levy, Chairman of the Erie Canal Harbor Development Corporation is stepping down to avoid a conflict of interest as he pursues new opportunities in downtown Buffalo.

"We've made more progress on Buffalo's waterfront in the past 3 years that we have in the past 100 years and we are poised for great growth moving forward," said Congressman Brian Higgins, (D) Buffalo.

Sam Hoyt, Regional President for Empire State Development says Levy leaves behind a project that will continue to prosper

"He should look back with enormous pride on what he as our leader here has accomplished," says Hoyt.

But levy is not leaving Buffalo. The man who is credited with making Canalside come to fruition is stepping down to create jobs downtown by helping entrepreneurs jump start a business.

<"We're creating an incubator in Buffalo," said Jordan Levy, former Chairman of the Erie Canal Harbor Development Corporation. "It will allow young entrepreneurs that have the vehicle for building for internet based companies."

Levy says his company is seeking a state grant and believes his role at the canal corporation could put that in jeopardy.

"We thought maybe there might be somebody that would be critical that maybe if we got this grant it wouldn't look good," said Levy

And while he seeks success in his new business venture, he is confident the waterfront will live up to expectations.

"We've created a place on the water," says Levy. "Finally after generations of not having access to the water for anything enjoyable and we've created that."