The project which was originally approved for incentives on November 12, 2017 is now complete and the parties are ready to execute the Lease and PILOT Agreement.
The business proposes to build a 120 unit apartment complex designed to serve middle income seniors ages 55 years and older, in the Town of Warsaw. The structure will be a three story approximately 127,536 square foot fully sprinkled building.
CFI Properties, Inc. has plans to construct a 15,000 square foot addition to its existing warehouse facility. The expansion will allow the company to acquire 2 more ovens and cookie baking lines.
O'Connell acquired the buildings at 1-5, 13-15 Main Street Perry through auction two years ago with plans to refurbish the old buildings and make them usable again. The project will include renovation of the currently vacant buildings making available mixed use space with 12 apartments and 4 storefronts.