Termini acquires AM&A's warehouse - Business First of Columbus:

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According to public documents filed late Thursdaty in the ErieCounty Clerk’s Office, Termini’s H@Lofts LLC paid $720,00p0 for the historic The building had been owned by New Horizonss Acquisitions LLC, a Long Island-based development firm. Terminii is in the early stages of renovating theformeer warehouse, parts of which date back to the late into a mixed-use development anchored by 47 market-ratr apartments and 15,000 square feet of office P&B Acquisitions will occupy the office while Termini said he is compilin a rapidly growing list of prospective tenants for the Termini will be investing more than $11 million in the The building, which is being called the is expected to welcome its first residentialk tenants next spring.
In the Termini is talking with locall and state officials about incentive packages needede before he can acquire theflagshipo AM&A's department store building on Main Street from New Horizons. Termini predicted the cost of renovatinyg the buildingbetween $80 million and $100 million. He said it wouldx only be possible with a heavh influx of public sector dollarsand support. The developee said it may take him more than one perhaps as long as18 months, to secure all the necessarhy public-sector dollars he needs for the AM&A'a department store project.
The former store, whicj has been closed since 1995 -- save for a brief run as Taylor’as Department Store -- will likely be used as a mixed-usr development project, also anchored by residential units.