Less than two months after acquiring the former Holy Angels Academy, Ellicott Development has landed its first — albeit, temporary — tenant for a portion of the North Buffalo educational landmark.
Nardin Academy has agreed to lease the gymnasium for athletic competitions during the current school year.
“It is just a temporary deal,” said William Paladino, Ellicott Development CEO.
Since buying Holy Angels — located at the corner of Shoshone Drive and Hertel Avenue at an Aug. 24 auction — Paladino said he has fielded a number of inquiries about the 5.37-acre property. Ellicott Development paid $2.9 million for the school property.
Paladino said there was definite interest in the gym, which was constructed just over five years ago.
Paladino said his company is considering a number of options for the Holy Angels property including fielding calls from other educational institutions as well as other development proposals.
“We have some things that have to be worked out,” Paladino said.
Holy Angels, a former athletic foe of Nardin, closed after the last school year.