KeyBank and the First Niagara Foundation announced it is contributing $1.2 million that will go towards the anticipated vintage DeAngelis Carousel at Canalside in Buffalo.
The money is being given to the Buffalo Heritage Council, which is in charge of the carousel's renovation and relocation.
This brings the total money dedicated to the carousel at $2.4 million.
In October, Governor Andrew Cuomo promised $1.2 million grant for the construction of a new "carousel house," which will house the vintage carousel built in North Tonawanda in 1924.
The solar-powered building will allow for the carousel's year-round use, and will feature rooms dedicated to education and meeting space.
The building will be named KeyBank Crossing. The carousel is expected to open in May of 2018.
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