Deal Profile: Shea’s Seneca
This adaptive use transformed a two-story, 48,000-square-foot commercial building and ornate movie theater lobby into 23 loft apartments, four neighborhood-serving retailers, and a large banquet facility that fills the former lobby. The structure is the most prominent building along the Seneca Street corridor in south Buffalo, New York. The renovation was completed by a local developer and financed by a local bank, together with historic tax credits, local tax incentives, and grants.