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Press Releases > New Parking Garage Lease
New Parking Garage Lease
October 13, 2015 - Mayor Byron Brown and Council President Darius Pridgen, joined by Jody Lomeo, President and CEO of both Kaleida Health and the Great Lakes Health System of WNY, Matt Enstice, BNMC President and CEO, University at Buffalo officials and members of the community, announced that, after extensive negotiations, an agreement has been reached with the Buffalo Niagara Medical Campus for the lease of the Ellicott Goodrich Garage.
“This agreement continues the significant progress at the Buffalo Niagara Medical Campus, while considering the needs of the surrounding community, bringing additional growth and opportunity to residents of the City of Buffalo,” said Mayor Brown.
Council President Pridgen said, “This is a great announcement, especially because of the portion of this agreement where the community will have a say so of 20% of the profits of this ramp.”
Today, Mayor Brown released the term sheet. The highlights of the lease agreement include:
Jody Lomeo stated, “This is a tremendous collaboration between the city and the medical campus as well as the University at Buffalo and Kaleida Health. What’s most important to me, and I think for this community, is that our patients and families have world class parking next to world class facilities and that’s our commitment to this community. So today is a great day and it shows that when people work together, you get great results.”
Matt Enstice said, “This agreement allows the BNMC and its member institutions to put in place one more element to our overall parking and transportation strategy as was the development of the Michigan/Goodrich garage. We are well aware of the need for additional parking for patients, visitors and employees and are working in concert with all stakeholders to plan for our future growth.”
Today the term sheet agreed to by the City of Buffalo and the BNMC, Inc., which contains the primary terms to be included in a lease agreement, was filed with the Buffalo Common Council for review.
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Photos by Angel Art LTP, compliments of the Greater Buffalo Convention and Visitors Bureau. Additional photos by Adrian Roselli, compliments of Algonquin Studios