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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 />

6

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