The Third Street Business District in Niagara Falls will look a bit different soon.
Work will begin soon to restore and rehabilitate commercial lots between Third and Main streets.
The Montante Group and SJI Main are the developers for the project.
They hope to create vibrant buildings that will include restaurants, mixed use space, outdoor areas, and apartments.
The project is part of the Buffalo Billion.
Shopping malls, once brick and mortar beacons of American consumerism and social gatherings, are now facing significant financial decline.
An Erie County State Supreme Court justice approved a request to place the property into receivership Wednesday.
According to court documents, Pyramid Management Group have defaulted on a $270 million loan.
Farmers in Orleans County are looking for some tax relief from the town's fire district.
