Chason Affinity Companies - Kaleida Health
Chason Affinity Companies - Kaleida Health
Chason Affinity Companies - Kaleida Health
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<strong>Kaleida</strong> <strong>Health</strong>/Millard Fillmore Gates Circle Hospital Reuse<br />
In summary, our concept is to re-develop the Gates facility into a Veterinary School and Teaching<br />
Hospital with on-campus student housing. We will show in our Development Implementation<br />
Strategy how this can be accomplished utilizing major sections of the existing facility and creating<br />
a green campus setting, while bringing back to life the original 1911 Hospital buildings. We believe<br />
that this plan is not only extremely achievable, but would complement and build on Western New<br />
York’s growing reputation as a medical and educational center.<br />
Proposed Transaction Terms<br />
We propose acquiring the site and buildings for one dollar; however, we will contribute the $1<br />
million prize to the veterinary school’s start-up costs. Closing will occur when all approvals have<br />
been received, anticipated to be under one year from award.<br />
It will also be important to acquire the Buffalo municipal parking ramp adjacent to the property.<br />
Proposed Development Schedule<br />
The expected student body would number approximately<br />
600, considering a 4-year curriculum as well as advanced<br />
specialties. Other additional classes will increase this number<br />
significantly. The professors, teachers, administration, hospital<br />
personal and support could easily bring over 200 new permanent<br />
jobs. The ripple effect would have a substantial long<br />
range impact on housing, retail and entertainment alone. The<br />
opportunities for expansion in related fields would provide<br />
additional future growth. This would be just the beginning.<br />
We would begin immediately to seek all approvals and finalize arrangements with the participating<br />
Veterinary institution. We would anticipate closing on the property within one year. (Refer to page<br />
11 for full schedule)<br />
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