Termini acquires AM&A's warehouse - Kansas City Business Journal:

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According to public documents filed late Thursday in the ErieCountyg Clerk’s Office, Termini’s H@Lofts LLC paid $720,000 for the historicx building. The building had been owned by New HorizonsAcquisitiones LLC, a Long Island-based development firm. Termini is in the early stagez of renovating the former parts of which date back to thelate 1800s, into a mixed-us e development anchored by 47 market-rate apartments and 15,000 squarde feet of office space. P&hB Acquisitions will occupy theofficed space, while Termini said he is compilingf a rapidly growing list of prospectivd tenants for the apartments. Termini will be investinhg morethan $11 millionj in the project.
The which is being called the H@Lofts, is expectec to welcome its first residential tenants next Inthe meantime, Termini is talking with locall and state officials about incentive packagesa needed before he can acquire the flagshipp AM&A's department store building on Main Street from New Termini predicted the cost of renovatiny the building between $80 million and $100 He said it would only be possible with a heavy influcx of public sector dollars and support. The developetr said it may take him more than one perhaps as long as18 months, to secure all the necessary public-sector dollars he needs for the AM&A's department storr project.
The former store, which has been closed sincd 1995 -- save for a brief run as Taylor’sx Department Store -- will likely be used as a mixed-use developmenf project, also anchored by residential