News

January 6, 2023

Dennis Elsenbeck on Sales Tax Benefits

More than $3 – $5 million annually to Niagara Falls, before increases in property taxes, new jobs and other economic development benefits. In a thorough analysis published in the Niagara Gazette, former National Grid executive Dennis Elsenbeck analyzes the benefit to Niagara Falls from the electricity sales tax that will be generated at the Niagara Digital Campus. […]

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January 6, 2023
Niagara Falls Redevelopment (NFR) Files Petition to Halt Eminent Domain Proceedings

On January 6, 2023, Niagara Falls Redevelopment (NFR) petitioned the New York State Supreme Court, Appellate Division to annul the determination and findings underlying an attempt by City of Niagara Falls to take, under New York State’s eminent domain statute, property owned by NFR.

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November 30, 2022
City Eyeing Federal Loan to Cover Centennial Park Land Purchase

The City of Niagara Falls may borrow from its future allotment of federal community development funds to cover the cost of acquiring the land Mayor Robert Restaino’s administration says it needs to build a $150 million “event campus” known as Centennial Park.

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September 16, 2022
NU Institute’s New Report Questions Arena Plan in Falls

A report issued Thursday by Niagara University’s Global Tourism Institute questions the city’s ongoing effort to secure taxable property owned by Niagara Falls Redevelopment for the purposes of building an arena and other components of Mayor Robert Restaino administration’s $150 million Centennial Park project.

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This website is presented by Niagara Falls Redevelopment (NFR) in response to eminent domain proceedings filed against NFR by the City of Niagara Falls (current litigation is Appellate Division Docket No.: OP 23-00057), and is intended to provide information to the public regarding the litigation and potential settlement.

Niagara Falls Redevelopment, LLC has over 100+ acres available for development – all within walking distance of the majestic Falls and many other tourist attractions.

For more information, contact us at info@niagaradigitalcampus.com

Media inquiries: media@niagaradigitalcampus.com

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