Relocation Guide for New Buffalo, NY, Commercial Businesses
Many people are choosing Buffalo, NY, as a place to put down roots, but it’s not just appealing to potential residents — businesses can also benefit from designating the Queen City as their headquarters. In fact, many commercial enterprises are already setting up shop, especially in the IT sector.
- Millennials are moving to Buffalo in droves due to the reasonable cost of living, making it a great place to build a workforce.
- Downtown Buffalo is seeing a huge renewal effort that’s boosting existing businesses and creating a variety of entrepreneurial opportunities.
- Buffalo real estate is very affordable, which benefits both companies looking for commercial space and employees seeking residences.
Interested in joining the many successful businesses along the Erie Canal? This handy Buffalo, NY, commercial relocation guide lays out everything you need to know before moving your company.
Find Talented Employees Straight Out of College
If you’re going to grow your company, you need a reliable workforce. As it turns out, this is something Buffalo, NY, can provide.
In recent years, millennials have moved to Buffalo for several reasons: affordable rent, good food, and a variety of activities, to name a few. This draw makes it a great place to find employees.
Generation Z is also starting to enter the workforce as they graduate from degree programs. Buffalo is home to several colleges and universities, making it an excellent city for recruitment.
This SUNY campus in Buffalo is well-known for its research; in fact, it receives more research grants than the combined total of all other SUNY campuses. Additionally, it ranks in the top 20 New York colleges, which means many of the state’s best and brightest attend.
Another member of the SUNY network, the University at Buffalo is a public college with an emphasis on research. It frequently makes lists of top universities and yields graduates from a variety of programs. Its reputation makes it an excellent place to look for capable recruits, especially if you work in the engineering or biomedical fields.
A private Jesuit institution, Canisius College has ranked well in U.S. college and university comparisons. Graduates have outperformed many of their state peers on the CPA exam cycle and have gone on to do excellent work in a variety of fields.
Erie Community College has several campuses in Western New York, offering multiple programs to prepare students to enter the workforce. So, if you are moving business to Buffalo, be sure to find a wide selection of specialists to work in your company, from IT gurus and accounting specialists to graphic and web designers from ECC.
ECC graduates are highly sought-after by different companies due to their strong work ethic and numerous skills. Moreover, the college is accredited by the Middle States Commission on Higher Education. The quality of training they provide, as a result, is on par with other top institutions in the country.
D’Youville University
Founded in 1908, D’Youville is a private university offering around 54 courses ranging from business to health sciences and liberal arts. The college is in an urban setting, making it easily accessible to employers looking to recruit fresh graduates from there. D’Youvilles’ programs are among the leading in the Western New York region. In 2022, the institution was ranked at position 25 out of 124 among the best-value colleges in New York State. That means their graduates get quality training that could benefit anyone moving business to Buffalo.
Take Advantage of the City’s Location
Buffalo was once a bustling city of industry, and its prime location was a huge part of that. Today, steel and grain are no longer the prominent job creators, but the proximity to Lake Ontario and Erie Canal still has a lot to offer.
Massive Infrastructure
The city has massive infrastructure from its time as a titan of industry. That means no scrambling to accommodate a larger population as the city grows or waiting on public construction projects. Instead, you can hit the ground running.
Easy Access to Waterfronts
Back when waterways were the only option for long-distance travel, Buffalo was a transport hub. Today, that waterfront access offers more than easy shipping: It also creates sustainable energy options. These natural wonders allow you to efficiently plan manufacturing and shipping while also keeping the lights on.
Wide Access to U.S. Population
Due to its strategic location, Buffalo has wide access to the U.S. population. In fact, 40% of Americans are within 500 miles of Buffalo. This means ample markets for your company to expand into.
Close to the Canadian Border
Buffalo is only a few hours from the Canadian border, which caters to both American and Canadian consumers. Many Canadians take day trips into the Queen City to purchase goods at the comparatively low American price. This additional market can be an excellent resource for companies looking to grow.
Take Part in Renewal
Buffalo, NY, is undergoing a wave of renewal. The city and local entrepreneurs are investing in the downtown area, and the results are impressive. New eateries, pubs, tours, concert venues, sports venues, and recreational activities are popping up everywhere. By relocating to Buffalo, you can take part in these renewal efforts.
Canalside
As your NY commercial relocation guide, we have to mention the amazing things going on in Canalside, the Canal-adjacent neighborhood. This area has blossomed in past years as entrepreneurs have repurposed the silos and warehouses that remain from Buffalo’s industrial past. If you’re in the entertainment or foodservice industry, Canalside has a lot to offer.
Ellicott Street
Many older cities have historical avenues, and Ellicott Street is Buffalo’s. This road boasts a variety of architectural wonders and favorite local businesses. In recent years, the area has added new offerings, including restaurants, distilleries, and breweries. It’s the perfect place to set up shop if you’re in the beer or catering industry.
Apply for Grants
As part of the renewal effort, New York state offers grants to companies looking to relocate to Buffalo. The goal is to create local jobs and provide value to the community. If your business is looking to build a workforce in Buffalo, you may be eligible to apply for funding.
Buffalo Billion
Governor Andrew Cuomo has allocated one billion dollars toward Buffalo renewal. The program is called Buffalo Billion and is dedicated to building new industries in the Queen City. Many companies have already been awarded grants that allowed them to expand. If you’re interested in growing your business, this amazing resource may be a reason to relocate.
43North
Have a great business idea that will revolutionize the market? Then you should enter 43North, the biggest business idea competition in the world. Innovators have the chance to win thousands of dollars to jumpstart their businesses. If you reach the top spot, you can even win one million dollars.
Down Buffalo Lifestyle is Attractive to Young Professionals
More and more young professionals are relocating to Buffalo to take advantage of its booming economy and fantastic quality of life. You can leverage this momentum to attract top talents to your company by presenting an ideal working environment and better pay packages. Some things that attract young professionals to Buffalo include;
Experiences
Buffalo, NY, has a rich culture and a thriving arts scene. There’s something for everyone here, from art galleries and museums to magnificent gardens and parks. The most highly regarded attractions include Burchfield Penney Art Center, Buffalo Zoo, Buffalo and Erie County Botanical Gardens, Niagara Falls, and Darwin D. Martin House.
For sports enthusiasts working in Buffalo, various world-class sports facilities and teams are available in the city. They include the Buffalo Bills football team, which has been the most popular among locals for years. The city also offers other sports, like hockey, basketball, and baseball.
Dining & Nightlife
Besides offering many exciting outdoor experiences, Buffalo, NY, is an excellent place to eat for young professionals. It boasts dozens of classic restaurants serving different cuisines. Residents can enjoy an assortment of meals, like burgers, pizzas, American classics, and international dishes.
In addition, many places offer outdoor seating where customers can dine as they take in the exquisite waterfront views. Buffalo’s nightlife is also worth exploring, with several bars and clubs all over the city. These places often host live music shows and dance parties that young professionals find exciting after a long day at work.
Apartment Homes
Buffalo does have a wide selection of apartments ideal for young professionals. Whether one wants a home conveniently located near the city or close to major attractions, many options exist. Apartments available in the area include condos, townhomes, lofts, and more. Larger apartment complexes with amenities are accessible; for instance, fitness centers, on-site shops, and swimming pools. In case you are moving business to Buffalo, ensure your employees have various suitable houses to choose from, depending on their needs and budget.
Get Affordable Real Estate
One of the best things about Buffalo, NY, is how affordable it is to live and work here. Real estate is reasonably priced, meaning you don’t have to break the bank to rent office space. Your business isn’t the only one to benefit — your employees may also appreciate the affordable cost of living.
Attractive To Employees
Many people aren’t able to live where they work, which means long commutes and frustrating traffic. Fortunately for Buffalonians, that isn’t the case in the Queen City. If you’re looking to draw talent from other parts of the country, Buffalo’s affordable housing market can be very appealing.
Good for Business
Of course, the cheap rent isn’t limited to residences — you can also find reasonably priced commercial spaces. This means more room for the same price you’d pay in other cities, which is a boon for companies looking to grow in the near future. Lower rent also frees up capital for use in other areas of your business.
Ellicott Development Is Your Buffalo Leader in Commercial and Residential Properties
As you consider moving business to Buffalo, you require someone you can trust with your residential and commercial real estate needs. Ellicott Development has years of experience helping individuals and businesses to relocate to Buffalo, NY. Our experts can assist you in finding an ideal residential property or commercial space that fits your budget and needs.
Contact us today to learn more about our services and schedule a visit to some of our properties.
