Buffalo, October 17, 2025
The Golisano Institute for Business and Entrepreneurship is expanding to a second location in Buffalo’s historic former Buffalo News building. The project aims to support innovation and startup growth, with construction slated for early 2026. Local leaders view this as a critical move for downtown revitalization. The new facility will provide modern amenities tailored for entrepreneurs, emphasizing adaptive reuse to honor the building’s history while promoting sustainable development. This initiative is expected to boost the local economy by creating jobs and attracting new businesses to the area.
Buffalo
Buffalo’s Golisano Institute for Business and Entrepreneurship is expanding with a second location in the city’s historic former Buffalo News building on Main Street, announced today. This adaptive reuse project is designed to support innovation and the growth of startups, with construction scheduled to start in early 2026. The initiative has been welcomed by local leaders as a significant step toward revitalizing downtown Buffalo.
The former Buffalo News building, a landmark structure in the heart of downtown, will undergo renovations to transform it into a hub for entrepreneurial activities. This move aligns with ongoing efforts to breathe new life into underutilized properties in the area. The project emphasizes creating spaces that encourage collaboration among business owners, innovators, and community members.
Project Details and Timeline
Planning for the new site focuses on integrating modern facilities tailored for startups, including co-working spaces, meeting areas, and resources for business development. The Golisano Institute, already established at its first Buffalo location, aims to double its capacity to serve a wider range of entrepreneurs. Construction is set to begin in early 2026, with an expected completion that will allow the site to open within the following year. This timeline reflects careful coordination with city officials to minimize disruptions in the busy downtown district.
The adaptive reuse approach means preserving key architectural elements of the original building while updating it for contemporary needs. This method not only honors the site’s history but also promotes sustainable development by avoiding the demolition and rebuilding process. Engineers and designers are currently finalizing blueprints to ensure the space supports high-tech tools and flexible layouts essential for startup environments.
Impact on Local Economy and Community
Local leaders have noted that this expansion could attract new businesses and talent to Buffalo, strengthening the local economy. By fostering innovation, the project is expected to create jobs in construction, operations, and support roles for startups. It builds on the institute’s existing programs that have already helped numerous small businesses launch and grow in Western New York.
Downtown revitalization has been a priority for Buffalo in recent years, with several initiatives aimed at increasing foot traffic and investment in the area. This new location fits into that broader strategy, potentially drawing more visitors and residents to Main Street. Community groups anticipate that the hub will host events, workshops, and networking opportunities, further engaging the public in entrepreneurial efforts.
Background on the Golisano Institute
The Golisano Institute for Business and Entrepreneurship was founded to provide essential support for emerging businesses, offering mentorship, funding advice, and educational resources. Its first Buffalo site has become a cornerstone for local innovators since opening a few years ago. This second location represents a natural progression, responding to increased demand from the region’s growing startup scene.
Buffalo’s Main Street has long been a commercial and cultural artery, but economic shifts have left some buildings vacant. Repurposing the former Buffalo News headquarters addresses this by turning a symbol of the city’s media past into a beacon for its business future. The project’s emphasis on innovation comes at a time when Western New York is seeing renewed interest from investors and young professionals.
Overall, this development underscores Buffalo’s commitment to economic growth through targeted investments in entrepreneurship. As preparations move forward, stakeholders will monitor how the expansion influences the local landscape, from job creation to enhanced community ties.
FAQ
What is the Golisano Institute for Business and Entrepreneurship announcing?
The Golisano Institute for Business and Entrepreneurship announced plans today to establish its second location in Buffalo’s former Buffalo News building on Main Street.
What is the purpose of this project?
This adaptive reuse project aims to foster innovation and startup growth in the city.
When will construction begin?
Construction is set to begin in early 2026.
How have local leaders responded?
Local leaders hailed the move as a boost for downtown revitalization.
Key Features of the Golisano Institute’s Second Location
| Feature | Description |
|---|---|
| Location | Former Buffalo News building on Main Street, Buffalo |
| Purpose | Foster innovation and startup growth |
| Project Type | Adaptive reuse |
| Construction Start | Early 2026 |
| Impact | Boost for downtown revitalization |
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