'Bonaventure Square' Planned for Former Castle Restaurant Property

St. Bonaventure University has announced plans for the creation of a lifestyle destination development on property owned by the university on Route 417 in Allegany.

Ross Wilson & Associates of Buffalo is the master developer and project manager for the development, to be called Bonaventure Square.

“We have been working with Ross Wilson & Associates since February, and we are delighted that they are now ready to advance plans for the property to the Allegany Town Board,” said Brenda McGee Snow, senior vice president for finance and administration at St. Bonaventure.

“We feel confident that the proposed development will significantly enhance the quality of life for our students and for regional citizens and tourists, while also supporting the university’s long-term plan for growth.”

Among the planned components of the approximately $60 million development — to be located on the site of the former Castle Motel — are a recreation complex with bowling alleys, sports lounge, arcade and gaming room; apartment housing designed for graduate students and area professionals; a hotel with conference space; a sporting/multi-purpose complex that will provide indoor and outdoor venues for a wide variety of sporting events and tournaments; and retail stores and restaurants to support the complex.

Ross Wilson & Associates will be submitting project plans to the Allegany Town Board in early October. This will start the public planning and approval process. The goal is to begin construction in June 2010.

“There are many steps that need to occur before construction can begin. But we remain optimistic that what is being proposed is not only feasible from a business perspective, but also very attractive from a regional economic development perspective,” said Snow.

Craig Marlatt of Ross Wilson & Associates said, “The opportunity to add a fairly significant number of new jobs and to add substantially to the tax base is also a major positive factor for the region. This project took on a life of its own very early in the process.

“The support from community leaders, business and elected officials has been incredible, and served to greatly assist our team in determining the development’s feasibility so quickly. We have a very strong team of development partners on deck to make this happen, all of whom added to the credibility of the project,” Marlatt said.

St. Bonaventure University is giving the regional community “a huge gift,” said Kevin Greiner, a principal with Ross Wilson & Associates.

“This development will draw tourism to the community while also serving as a tremendous recreational and retail asset. We are delighted to be working with the University to make this happen,” Greiner said. “The university administration has been extremely supportive and provided the necessary guidance initially to scope the project so that the benefits of this development to the university and the benefit to the greater community are aligned.”

Partnering with Ross Wilson & Associates is Foit Albert Associates, which is serving as the project architect, and Kinley Corp., the general contractor for the project.

From St. Bonaventure University

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