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Downtown Living: Medical Campus Connection?

12:07 AM, Mar 9, 2013   |    comments
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Gates Vascular Institute on medical campus

BUFFALO, NY- From the vistas of the ever expanding Buffalo Niagara Medical Campus to the early Friday happy hour crowd at the Michael A's bar in the Hotel @ Lafayette, there's a feeling that seems to be "building downtown" with more people who are recuited to work at the campus moving in to downtown. 

More evidence of that momentum can be seen as a portion of Ellicott Street is now closed for preliminary construction work for the new Children's Hospital. And Dr. Richard Quigg can watch as he sets up his new kidney research lab from the eighth floor of the Gates Vascular Institute across the street.

Quigg came here six weeks ago from the University of Chicago as Chief of Nephrology.  He was impressed by what he calls a visionary UB med school leadership and a city he now calls home after moving into the waterfront area.

Quigg says "The city has a lot of options for anyone. I saw the real estate in the summer and it was very appealing to me. The cost of living is low relative to Chicago for sure."

Those options include all the lofts, especially on Ellicott Street and they are just blocks away from the medical campus. By the way, there are no vacancies in developer Rocco Termini's seven properties which include the Lafayette. He says all 450 apartments are filled and there is a waiting list of 100 people.

Termini says "We see a lot of them coming from the medical campus. People coming from out of town. They're accustomed to living in downtown wherever they came from so they want to continue living downtown. They also wanna live close to where they're working and downtown is the perfect spot."

Quigg says he is recruiting some faculty members for his new team and spoke of his experiences so far in the Queen City.  "I'm very happy here and it has the things I want in a city. It's..look I came from Chicago. For me to get to work in eight minutes at eight in the morning...is ah...oh Thank You."

We asked Termini if his new tenants tend to be higher income. He replied "They are and they're paying high rents for Buffalo. And nobody is saying anything cause where they're coming from rents run twice as much as what we're charging them here in Buffalo."

 


 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

WGRZ

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