The Canadian developer behind a failed bid to revive the Central Terminal is now trying to hammer out a deal to buy the Adam's Mark Hotel.
"I'm not going away," Stinson told 7 Eyewitness News in a phone interview.
Stinson says talks are going well with current owner Visions Hotels. He hopes to close on a deal for the 486-room waterfront hotel by mid-fall. We have reached out to Visions Hotels for confirmation and further details.
"It just needs a little sparkle," Stinson said.
His goal is to revitalize the hotel, while maintaining it as a conference center.
Earlier this year, the Central Terminal Restoration Corporation did not renew a designated developer agreement with Stinson to turn the iconic building into an multipurpose entertainment center. The group decided to partner with the Urban Land Institute to research new possibilities for the Central Terminal.
By buying the Adam's Mark, Stinson says he wants to send a message that he is serious about wanting to do business in Buffalo.
The Adam's Mark opened as the Buffalo Hilton back in 1978.