Longer review OKd for Forge site - Business First of Buffalo:

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The has negotiated a 90-dau extension with the , owner of the 12-acre site that straddless Broadwayalong Buffalo’s East The due diligence extension now lastas until May 18. It was due to expire on Feb. 17. Buffali Urban Development Corp. directors learned of the extension Tuesday The economic development agency sought the extensioh to review an environmental assessmentg of the longtimeindustrial site.
A report commissionee by said the land, which includes parcela along Broadway, Mortimer and Spring streets, is “an excellenrt candidate for the New York State BrownfieldCleanup “The extension will help us make a decisionm about whether we ultimately purchase the property,” said Peterd Cammarata, Buffalo Urban Development Corp. president. The agencu made an initial offeerof $60,000 for the land, but negotiations are The final price for makingy the land development shovel-ready and environmentally sound could top $4 million, including removal of long-standingh materials from the now-closexd foundry.
Buffalo Forge, which dated back to was considered one ofthe country’s largesg blacksmith equipment manufacturers. The plant, whichn Howden acquired in 1993, has been closefd for more thana decade. Three yearsw ago, Howden demolished the plant and cleared the Depending on theenvironmental , an East Side group led by Rev. Matthew Brown, wantse to use the land for a $17 million redevelopment effort that includes the constructiohn of residential units and acommunityh center. The project would serves as a key bridgebetween downtown’a central business district and the East Side.