Ellicott Development Co.
| Company type | Private |
|---|---|
| Industry | Real estate development, property management |
| Founded | 1973 |
| Founder | Carl Paladino |
| Headquarters | Buffalo , United States |
Area served | Western New York, Central New York, Western Pennsylvania |
Key people | William Paladino (CEO) |
| Products | Residential buildings, commercial spaces, hotels, parking facilities, convenience stores |
| Website | www |
Ellicott Development Co. is a United States-based enterprise specializing in property management, leasing, and real estate development, headquartered in Buffalo, New York. Under the leadership of CEO William Paladino, its diverse asset holdings encompass residential buildings, commercial spaces, hotels, parking facilities, and convenience stores. The firm provides a wide range of services including legal counsel, administrative support, financial management, property oversight, accounting, development planning, site acquisition and consolidation, architectural design, construction management, leasing operations, maintenance services, janitorial work, and security solutions.
History
Established in 1973 by attorney and developer Carl Paladino, Ellicott Development Co. derives its name from the Ellicott Square Building, which marked Paladino’s initial significant property purchase. This building pays tribute to Joseph Ellicott, the original planner of Buffalo.
The company engages in property acquisition, retail store construction, and leasing arrangements with national retail chains and government entities throughout Western New York, Central New York, and sections of Pennsylvania. It operates as a fully integrated real estate management and development organization with comprehensive internal departments covering legal affairs, financial services, architectural design, construction projects, leasing activities, and facility maintenance.
Ellicott administers properties across the Buffalo/Niagara area and Western Pennsylvania. By 2010, its portfolio included more than of combined office, retail, hotel, and residential space. Within downtown Buffalo alone, it controlled over of office space—making it the largest private landlord in that market—and managed upwards of in retail properties throughout New York State and Western Pennsylvania. Its holdings further extended to eight prominent hotels in Western New York and in excess of residential units within the Buffalo/Niagara region.
By 2010, Ellicott had developed 160 pharmacy locations for Rite Aid, establishing itself as the retailer’s preferred developer across Upstate New York and western Pennsylvania; it maintained ownership of 80 of these sites.
Properties
Ellicott Development Co. has been responsible for owning and developing numerous historically notable properties such as:
- 14 North Street, Buffalo – constructed in 1899; formerly housed the First Baptist Church.
- Berkeley Apartments (also known as Graystone Hotel), located at 24 Johnson Park, Buffalo – erected in 1894 by architect Carlton T. Strong alongside engineer Ernest L. Ransome for the Pan-American Exposition.
- Ellicott Square Building, situated at 283 Main St., Buffalo – completed in 1896 with designs by Charles B. Atwood from D. H. Burnham & Company.
- Fairmont Creamery Building, at 199 Scott St., Buffalo – built in 1920 to serve as a cold storage warehouse for Fairmont Creamery.
- Fidelity Trust Building (also called Swan Tower), located at 284 Main Street, Buffalo – constructed in 1909 based on designs by Edward Brodhead Green of Green & Wicks.
- United Office Building (nicknamed Giacomo), found at 220 Rainbow Blvd., Niagara Falls – erected in 1929 with architectural plans by Esenwein & Johnson.
- Mickey Rats, a well-known bar and grill positioned along the Lake Erie shore in Evans, New York.
Projects in development
- 11 Chicago Street, Buffalo – a former brownfield location with preliminary proposals for an office complex.
- 905 Elmwood Avenue, Buffalo – an L-shaped edifice crafted by Kideney Architects, anchored by a dining establishment, 21 residential units, and retail spaces at street level; the development is estimated at around $10 million.
- 201 Ganson Street, Buffalo – a building situated on 13 acres close to Buffalo RiverWorks, featuring over a quarter-mile of frontage along the Buffalo River, designated for commercial and industrial purposes.
- 310 Niagara Street, Niagara Falls – currently the site of The Niagara Gazette offices, which are set to move to Ellicott-owned premises at 473 Third St.; renovation plans remain under consideration.
- 399 Ohio Street, Buffalo – a five-story mixed-use project comprising 30 apartments on the upper levels, commercial areas, and a restaurant on the ground floor; represents an investment near $6 million. It overlooks the Buffalo River opposite Father Conway Park.
- Waterfront Village, Buffalo – a development of nine townhouses located on Ojibawa Circle adjacent to Pasquale Towers; valued at approximately $4.5 million.
- 722 West Delavan (formerly Frederick Law Olmsted School - School 56), Buffalo – a four-story structure approved for mixed-use redevelopment with 33 apartments. After public criticism regarding Carl Paladino's comments and the subsequent loss of tax incentives, plans shifted toward converting the site into a theater and performing arts venue. The Ujima Theatre Co. will be the occupant, emphasizing African-American theatrical productions.
- 207 West Huron, Buffalo – refurbishment of a 1955 building located in the Lower West Side neighborhood.
- 960 Busti Avenue, Buffalo – a warehouse dating back to 1930 near the Peace Bridge overlooking the Niagara River; slated for mixed-use redevelopment including 18 to 20 apartments, with an estimated budget ranging from $7 million to $10 million.