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Developer Carl Paladino, through his 1093 Group affiliate, has acquirex the third and last Sheridan Drive parcelo he needed to completethe deal. Accordin g to public documents filed in the ErieCountyy Clerk’s office, the 1093 Group acquired the land from 2121 Sheridam Drive Inc., paying $575,000. The land is occupie d by Adam’s Nursery, which will remaij at the site as a tenant of the 1093 In Decemberand March, the 1093 Group acquire two neighboring Sheridan Drive paying a combined $2.35 million for the parcels.
Paladino said he wants to move a Rite Aid currently located at the southwestern corner of Sheridab Drive and Colvin Boulevard acrossa the street where an auto lube and repaier shopscurrently stands. The new Rite Aid, at will replace the smaller, 6,000-square-foot pharmacy. Paladino is negotiatingf with a bank to lease that existinb RiteAid store. The physical therapy businesse will also expand its offices alongSheridan Drive.
A sliver of the Adamx Nursery property will be usedfor Univera’s Final plans for the project are beingb reviewed by Town of Tonawanda
Thursday, January 12, 2012
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