With working beginning on a neighboring building, an affiliate of Ellicott Development Co. has acquired a nearly one-acre vacant parcel of land along Scott Street in Buffalo.
The 5277 Group LLC, an Ellicott Development affiliate, bought the land between CSX Transportation Inc., paying $150,000, according to documents filed in the Erie County Clerk's office. The property is located near Perry Street and has been dormant for decades.
The deal comes as Ellicott Development is shoring up the long-vacant, former Coffee Rich warehouse that the company acquired nearly a decade ago.
William Paladino, Ellicott Development chairman, said the parcel will likely be used for parking related to how the Coffee Rich building, located at 199 Scott Street, is ultimately developed.
Paladino said the building's roof has been repaired and a new roof will be installed this spring.
Plans for the building are still being formulated.
"Once the Seneca Nation makes its decision with the casino, then we will follow along their plans," Paladino said.
Seneca Gaming, the casino operations arm of the Seneca Nation of Indians, is expected to start transforming the Seneca Buffalo Creek Casino from a temporary facility into a permanent gaming venue next year.
The Coffee Rich building sits almost across the street from the Indian nation's nine acres of sovereign territory.
"We have a number of scenarios, but we need to see what the Senecas are doing first," Paladino said.