News: Brokerage

Calamar completes 38,000 s/f office building at Woodlands Corp. Center East - $4m project

According to Calamar president Kenneth Franasiak, a grand opening celebration took place to commemorate the opening of the first 38,000 s/f class A office building in The Woodlands Corporate Center East, a 120-acre mixed used park located near the corner of Niagara Falls Blvd. and Shawnee Rd. The Woodlands Corporate Center East opened in August 2004 after the success of The Woodlands Corporate Center West opened in 2000. The park is home to a 42,000 s/f flex facility along with 25 of the planned 34 patio homes completed or currently under construction and the construction of three senior housing facilities. "The completion of this 38,000 s/f office facility in The Woodlands Corporate Center East represents the first class A office building in Niagara County in decades," said Franasiak. "We are optimistic that it also will serve as the catalyst to rebuild this lost market in Niagara County and attract the professional sector back to our community. There basically isn't any inventory for class A office in this area. We are confident that this first office building in The Woodlands Corporate Center can revitalize this element to our area." The $4 million office building is located on 3949 Forest Pwy. in The Woodlands Corporate Center East and is expected to create and retain 40 jobs with a payroll of $1.6 million. The building is 90% occupied. The building was constructed using the CON/STEEL concrete tilt-up method that Calamar has exclusive rights to in WNY. In this method, the floor is poured first and then used as the casting bed for all the wall panels to be formed and poured. An insulated sandwich panel type of construction creates thermal economies.
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