In 2013 HSBC’s lease will run out at the HSBC Tower in downtown Buffalo. The corporation is looking at numerous options in and around the city in addition to remaining in the tower.
The tower is the tallest building in the city and dominates the skyline. It isn’t pretty but, its tall and is a valuable commodity to the city. One prospect that seems to be high on the bank’s list is a new build near the existing Atrium building across the street from HSBC Arena.
This choice is apparently contingent upon the city deeding a piece of property on the Webster block to the Erie Canal Development Corporation. They, in turn, would sell/lease/whatever the land to HSBC for the new build. I’m not positive, but I’m pretty sure the parking lot across from the Arena is involved in all of this too. Continue reading