Fresh off a deal to sell the Market Arcade to Sinatra & Co. Realty, the City is now looking for a buyer for the cinema complex.
The Buffalo Urban Renewal Agency is seeking proposals that continue the operation as a cinema and to continue local programming and film festivals such as the Buffalo Film Seminars, Buffalo Niagara Film Festival, WNY Black Film Fest and live theater performances. For the balance of the space, restaurant, retail, office, residential and arts/cultural uses are desirable. Preference shall be given to those proposals that (1) create and maintain an exciting, active atmosphere and will make an attractive destination, (2) enhance and complement existing and planned attractions of the Theatre District, (3) encourage daily patronage, and/or (4) generate economic development benefits.