Pegula Invests in PA Hockey Arena

September 3, 2013 Updated Sep 3, 2013 at 12:45 PM EDT

By Elizabeth Carey

September 3, 2013 Updated Sep 3, 2013 at 12:45 PM EDT

Buffalo Sabres owner Terry Pegula has invested millions in Buffalo's HARBORCenter project, but that's not his only hockey project in the works.

A report in this week's Business First shows how HARBORCenter calls for 650,000 square feet of space, with dual ice rinks, 18 stories and a Marriott hotel.

200 miles southeast of Buffalo, Pegula is investing in a sparkling hockey arena at Penn State, where he went to college. Financing for the Penn State project came from a $102 million gift from Terry Pegula and his wife Kim. The Penn State arena is slated to open October 11th.

In other development news, Kaleida Health is optimistic that it will find a reuse for Millard Fillmore Gates. Developers have about two weeks, until September 16th, to hand in proposals. Last summer, a deal was announced to use the former hospital for a school of veterinary medicine, but that plan fell through. A report in this week's Business First says several developers have expressed interest in the site, including Episcopal Church Home, which runs Canterbury Woods.

You can read more about the developments in this week's Business First.

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