New York State Restore NY

Action Clears the Way for Construction of 54-unit Senior Housing ProjectSILVER CREEK, NY - The effort to redevelop a major blighted property in downtown Silver Creek is taking a significant step forward this week. Demolition of the former Silver Creek High School building at 60 Main St. is now underway, clearing the path for a three-story multi-unit apartment complex for seniors. The Silver Creek Apartments project is being developed by Southern Tier Environments for Living (STEL), in conjunction with Park Grove Development, LLC. The former high school building has sat vacant for more than 45 years with several efforts to redevelop the property occurring – including as recently as 2022 - but each was ultimately unsuccessful. A renewed effort to develop the property began in 2023. In October of that year, representatives from STEL and Park Grove Development appeared before the County of Chautauqua Industrial Development Agency (CCIDA) Board to provide initial details of their project, which involved the demolition of the former school building and replacing it with a very attractive 50,574 square-foot apartment building. In February 2024, the CCIDA Board authorized local assistance for the project, which included a Payment In Lieu of Taxes (PILOT) agreement along with exemptions for both sales and mortgage tax payments. Throughout the rest of 2024 and into 2025, the developers worked to secure all funding for the project and also ownership of the property. Last month the property was transferred over to Silver Creek Apartments, LLC, clearing the way for the project to move forward. Demolition of the existing building involves long-needed environmental remediation, including the careful removal and disposal of hazards including asbestos, PCBs, and lead paint. Once the building has been demolished, work can begin on the new apartment building construction, which will provide 54 safe and affordable apartments for seniors age 62 and up. Of those units, 51 will be one-bedroom apartments, and three will be two-bedroom apartments. Fifteen units will also be set aside for supportive housing. The new building will also include a community room, fitness room, laundry facilities, and an onsite property management office. There will also be a large parking lot for up to 58 vehicles, along with a patio and shed. The project will provide 180 construction jobs and, once complete, 4.75 full-time equivalent jobs. The total cost of the project is $20.2 million. In addition to assistance from the CCIDA, the project also received $1 million in assistance from a New York State Restore NY award, which will be administered by the Village. The CCIDA assistance also helped the developers with securing $6.9 million in funding from New York State Homes and Community Renewal (HCR). Several other entities also played a role in helping to move the project forward, especially in regard to transferring ownership of the property over to the developers. “There was perhaps two dozen different entities involved in helping to close this project - between STEL and Park Grove, the insurance companies, mortgage companies, the CCIDA, Chautauqua County government's legal and real property departments, New York State, and the list goes on,” said Mark Geise, CCIDA CEO, who notes it was an extremely challenging project and timeline. “In March of 2025, the CCIDA Board authorized an indemnity resolution to help facilitate transfer of ownership, as recommended by our own attorney, Milan Tyler, and that ultimately helped to get it across the finish line. It's amazing it all came together in the 11th hour. It was a terrific team effort!” "Seeing this project move forward is gratifying on multiple levels,” said Tom Whitney, STEL Executive Director. “STEL has been working on this project for many years. It's been a very difficult project both to get approved for funding through the New York State Division of Housing and Community Renewal, and to finally close on the property. But it's also easy to see how worthwhile these efforts will be in the end. Silver Creek has such a pretty Main Street. We are thrilled to finally be able to remove the dilapidated school building and to replace it with what promises to be a beautiful senior housing facility. I would like to thank State Senator George Borrello, as well as Mark Geise and the staff at the Chautauqua County IDA for working behind the scenes to help bring all of this to fruition. STEL has developed housing as far as Brooklyn and Long Island and each project is always rewarding. But this is easily one of my favorite projects because of the positive impact it will have on one of our local communities."  “The abandoned school really does send the wrong impression of what Silver Creek is,” said Allen Handelman, Vice President of Park Grove Development. “So this project goes a long way towards both providing affordable housing for members of the community, but also sending a message to the people that live in Silver Creek and people that visit there that this is a growing community that is poised to reach its full potential.” “We never gave up hope on that site and now new development is finally taking place,” said Chautauqua County Executive Paul “PJ” Wendel. “Since first highlighting this in my 2022 State of the County Address, this project has remained a top priority for my administration. We’re thrilled to see STEL and Park Grove Development leading the way, with strong support from the CCIDA and New York State. The former high school sat vacant for far too long despite multiple efforts to revitalize it. Now, it will be replaced by a modern building that brings much-needed housing to some of our most vulnerable residents. I want to thank all the stakeholders who helped make this possible. We look forward to seeing this new development thrive and strengthen the surrounding community.” “The village is excited to see this long-standing eyesore in the heart of the downtown finally being removed and replaced with a significant housing project,” said Mayor Jeff Hornburg. “Due to the limited availability of housing units in our community, many of our local seniors have had to leave the area in order to find adequate housing and services. This project will finally offer additional modern housing for our older population.” “I am very excited about this long awaited project and investment in Silver Creek where our seniors are able to remain in the community and have a new up-to-date residence with available services,” said Lou Pelletter, Hanover Town Supervisor. “Silver Creek has needed a project like this for a very long time. While I, and many members of the community, that attended the Main Street school are sad to see the old building being torn down, I, as Village Historian, feel the old building has served the community well from its first graduating class of 1923 to the final closing of the school in 1979. I am hopeful that this new construction will not only provide the much needed affordable housing for our senior residents, but also bring a renewed interest in our community.” “This is a moment many in Silver Creek have been waiting decades for, and I’m proud to have stood alongside this community every step of the way. Time and again, this project hit roadblocks, but we never gave up. We kept pushing, kept advocating, and now, demolition is finally underway. The old school building will be replaced by something our community truly needs: safe, modern housing for our seniors. This isn’t just about removing a long-vacant eyesore, it’s about renewal, progress, and honoring the people who helped build this community. I’m grateful to STEL, Park Grove Development, the CCIDA, and all the partners who made this long-overdue project a reality,” said State Senator George Borrello, who previously served as Chautauqua County Executive and also as a representative of Silver Creek and Hanover in the Chautauqua County Legislature. Once demolition is complete, the developers will begin the effort of building the new apartment complex later this year, with an anticipated completion date set for the summer2026. About CCIDA – The CCIDA is an economic development organization authorized and empowered by the State of New York to make Chautauqua County a better place to work, live, and visit. They facilitate development by attracting new businesses, while promoting the retention and expansion of existing businesses. Assistance in the form of incentives – tax abatements, low interest loans, and bond financing – enhances the opportunities for job creation and retention by our businesses.  For more information visit www.CCIDA.com.