City of Niagara Falls | Annual Business Report | 2021

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La Pue Development La Pue Development Site Preparation of $150 million Development Begins La Pue International’s, The Stanley District project site preparation has begun Niagara Falls is about to get a major new development on the corner of Stanley Avenue and Ferry Street. Niagara Falls city council has approved a large $150 million development on the site of the former Cupolo’s Sporting Goods building on Ferry Street. The development will include a 30-storey apartment building with 300 units, a 12-storey tower with a 150 unit hotel and 132 residential units, and a 16-storey commercial building with 162 units.

Once completed, the project is expected to generate approximately $3 million a year in taxes. Construction is estimated to take 18 months to complete. This development is highly anticipated for the area, generating strong interest from hotel brands, and creating opportunities for new jobs and businesses within the hotel and commercial space.

lapueinternational.com

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2021 A NN UA L B USINE S S R EP O RT

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