including proximity to the new substation and access to the municipal fiber network. “We’re looking at the potential for incentives with that as well,” Kelly explains, noting how these infrastructure investments create a compelling package for potential tenants. This infrastructure-first approach ensures Buffalo can accommodate growth while maintaining the reliable services that make it an attractive location for businesses and residents alike. HOUSING & RESIDENTIAL GROWTH Buffalo’s recent housing study reveals critical needs across all market segments. “The outcome of that study really proved what we had suspected, which was that we have a need for housing of all types and at all price points,” says Kelly. The city particularly requires more senior living options and market-rate developments.“We haven’t had a market rate project in a couple years that was at a higher price point or considered luxury,” Kelly notes. Two major projects aim to address these needs.A 210acre development will introduce 900+ units phased over 5-7 years, while the Wright County Government Center redevelopment promises downtown mixeduse space with potential marina access. “That’s a once-in-a-lifetime opportunity for the city,” Kelly says of the government center project.“We don’t typically have a potential residential development right on the lake, right off the downtown.” Affordability remains an ongoing challenge.“We’ve REAL IMPACT. Because of our local ties, we have a true understanding of the people, needs, and resources in the communities we serve. We work for the Buffalo community with your needs and best interest in mind. Bolton-Menk.com 78 CIVIL AND MUNICIPAL VOLUME 06, ISSUE 06
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