One Seneca Tower

One Seneca Tower
One Seneca Tower, in Buffalo, NY
Former names One HSBC Center, Marine Midland Center
Record height
Tallest in Buffalo since 1970[I]
Preceded by Buffalo City Hall
General information
Status Complete
Type Class "A" Office
Location One Seneca Tower, Buffalo, NY, United States
Coordinates 42°52′46″N 78°52′33″W / 42.8795°N 78.8757°W / 42.8795; -78.8757Coordinates: 42°52′46″N 78°52′33″W / 42.8795°N 78.8757°W / 42.8795; -78.8757
Construction started 1969
Completed 1972
Cost 50 million US$($334 million in 2017 dollars[1])
Owner Douglas Development Corporation, Washington, DC
Management Hunt Commercial Real Estate Corporation, Clarke Thrasher 716-880-922
Height
Roof 529 ft (161 m)
Technical details
Floor count 40 (38 occupiable)
Floor area 1,200,000 sq ft (111,483.6 m2)
Lifts/elevators 27
Design and construction
Architect Skidmore, Owings & Merrill LLP
Developer Douglas Development Corporation, Washington, DC
Other information
Parking 808 spaces in attached Seneca Ramp and 465 spaces on 2 levels below the building
Website
www.huntcommercial.com

One Seneca Tower is a skyscraper located in downtown Buffalo, New York. The building was formerly known as One HSBC Center (1999-2013) not to be confused with Five Star Bank Plaza, previously known as One HSBC Plaza and One Marine Midland Plaza and prior to that, as Marine Midland Center (1972-1999), its name was changed in 1999 shortly after Marine Midland's parent company HSBC re-branded the bank as HSBC Bank USA.[2] The building was constructed at a cost of $50 million between 1969 and 1972, and contains over 1,200,000 square feet (110,000 m2) of space. Today, the 40 story building still dominates the Buffalo skyline, at 529 feet (161 m) high. It is an example of modern architecture.[3] The building's design is similar to that of the 33 South Sixth building in Minneapolis.

Currently, the first five floors are undergoing a $100 million renovation by Douglas Development, set to be complete in five years.

Building facts

  • The tower was the world headquarters of Marine Midland until 1998, and served as the headquarters of HSBC USA until 1999, when it moved its U. S. headquarters to New York City.
  • One Seneca Tower is the tallest (privately owned) office building outside of NYC in New York State. The tallest publicly owned building outside of NYC is Erastus Corning Tower in Albany, New York.
  • The building's plaza hosts Ronald Bladen's monumental 1973 work titled "Vroom, Shhh."
  • The building spans the southern end of Main Street, under which the Buffalo Metro Rail passes.
  • On a clear day, One Seneca Tower can be seen from 20 miles (32 km) away along the New York State Thruway. Due to the large number of railroad overpasses in Erie County, the skyscraper can also be seen from many vantage points along Harlem Road, Union Road, the 400 expressway (as far away as Elma), areas nearby New Era Field (particularly the Lake Ave. and Abbott Rd. intersection), and the Grand Island bridges along the Niagara section of the Thruway. It can also be seen looking west from Route 77 in Bennington and Attica, near the windmills.

Tenants

Now leasing office and retail space to hotel companies, restaurants such as Applebee’s and to some maybe major companies that have, have not, or thought about moving in.

Broadcast towers atop the building

Significant Former tenants

Future

On December 5, 2012, HSBC Bank USA announced that they would vacate the space it leased in the tower by the time their lease expires in October 2013. Paired with the departure of Phillips Lytle LLP, and the recent closing of the Canadian Consulate, the tower was 90 percent vacant as of 2014.[6][7]

In August 2016, it was announced that Washington, D.C. based Douglas Development will buy One Seneca tower.[8]

On September 29, 2016, Buffalo Business First reported that Douglas Jemal of Washington, D.C. had completed the purchase of One Seneca Tower and an adjacent parking ramp with plans to redevelop the tower and plaza into a mixed-use complex including retail, restaurant, hotel, office and apartment components.

See also

References

  1. ↑ Federal Reserve Bank of Minneapolis Community Development Project. "Consumer Price Index (estimate) 1800–". Federal Reserve Bank of Minneapolis. Retrieved January 2, 2018.
  2. ↑ Hartley, Tom (1998). "`Marine Midland' no more". Buffalo Business First. Retrieved 2011-05-14.
  3. ↑ "One HSBC Center". emporis.com. Retrieved 2011-05-14.
  4. ↑ http://www.fybush.com/site-20160506/
  5. ↑ Fink, James. Pegula Sports & Entertainment leases floor in One Seneca Tower. Business First. Retrieved July 24, 2014.
  6. ↑ Epstein, Jonathan (2012). The Buffalo News "`Tower owners see strong future despite HSBC's move to vacate building'" Check |url= value (help). Retrieved 2012-12-10.
  7. ↑ 6 November 2013. "Seneca Tower mortgage transferred to firm handling high-risk loans". Buffalo News. Retrieved 24 November 2013.
  8. ↑ Epstein, Jonathan D. (August 16, 2016). "No wrecking ball for One Seneca Tower - The Buffalo News". The Buffalo News. Retrieved 16 August 2016.
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