Seneca One Tower Explained

Seneca One Tower
Former Name:One Seneca Tower, One HSBC Center, Marine Midland Center
Highest Prev:Buffalo City Hall
Highest Start:1970
Highest Region:Buffalo
Location:Seneca One Tower, Buffalo, NY, United States
Coordinates:42.8795°N -78.8757°W
Status:Complete
Start Date:1969
Completion Date:1972
Building Type:Class "A" Office
Roof:529feet
Floor Count:40 (38 occupiable)
Elevator Count:27
Parking:808 spaces in attached Seneca Ramp and 465 spaces on 2 levels below the building
Cost:$50 million US$($ in dollars)
Floor Area:12000001NaN1
Architect:Skidmore, Owings & Merrill LLP
Developer:Douglas Development Corporation, Washington, DC
Owner:Douglas Development Corporation, Washington, DC
Management:Ciminelli Real Estate Corporation

Seneca One Tower is a 529feet skyscraper located in downtown Buffalo, New York. The building was formerly known as One HSBC Center (1999 - 2013) 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.[1] The building was constructed at a cost of $50 million between 1969 and 1974, and contains over 1200000square feet of space. Today, the 40 story building still dominates the Buffalo skyline. It is an example of modern architecture.[2] The building's design is similar to that of the 33 South Sixth building in Minneapolis, which was designed by the same architectural firm.

In 2021, the entire tower and 4 mezzanine floors were finished being renovated as part of a $150 million renovation by Douglas Development, which included adding over 200 prime rate apartments.

Building facts

Broadcast towers atop the building

Current tenants

The following is a list of significant tenants :[5]

Significant former tenants

History

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.[7] [8] In August 2016, it was announced that Washington, D.C. based Douglas Development will buy One Seneca tower.[9] 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.

In June 2019, M&T Bank announced it would occupy 15 of the tower's floors as the bank's "technology hub."[10] In 2020, the building gained a paint scheme of terra cotta and gunmetal.[11] In early 2021 an illuminated M&T Bank sign was added to the top of the building, replacing a Buffalo Bills pennant (a promotional courtesy of the local Oxford Pennant Company) that was temporarily introduced for the team's 2020 season playoff run between the AFC Wild Card and AFC Championship rounds.

See also

External links

Notes and References

  1. Web site: 'Marine Midland' no more. Hartley, Tom. Buffalo Business First. 1998. 2011-05-14.
  2. Web site: One HSBC Center. https://archive.today/20120729063639/http://www.emporis.com/building/1hsbccenter-buffalo-ny-usa. dead. July 29, 2012. Emporis. 2011-05-14.
  3. Book: Slavin . Maeve . Davis Allen : forty years of interior design at Skidmore, Owings & Merrill . 1990 . Rizzoli International Publications . New York . 0-8478-1255-3 . 76–81.
  4. Web site: Site of the Week 5/6/2016: A Few Stops Near Home. Scott. Fybush. May 6, 2016. Sep 24, 2020.
  5. Web site: Epstein . Jonathan D. . More than two-thirds of Buffalo's tallest building is spoken for. Here's who's moving in. . The Buffalo News . 8 June 2021 . en . February 28, 2021.
  6. Fink, James. Pegula Sports & Entertainment leases floor in One Seneca Tower. Business First. Retrieved July 24, 2014.
  7. Web site: Tower owners see strong future despite HSBC's move to vacate building. Epstein, Jonathan. The Buffalo News. 2012. 2012-12-10.
  8. Web site: Seneca Tower mortgage transferred to firm handling high-risk loans . The Buffalo News . 24 November 2013 . Epstein . Jonathan D. . 6 November 2013 . https://web.archive.org/web/20131203014148/http://www.buffalonews.com/business/seneca-tower-mortgage-transferred-to-firm-handling-high-risk-loans-20131106 . 3 December 2013.
  9. News: Epstein. Jonathan D.. No wrecking ball for One Seneca Tower. 16 August 2016. The Buffalo News. August 16, 2016.
  10. Web site: M&T officially announces move to Seneca One Tower. wgrz.com. Sep 24, 2020.
  11. Web site: Why terra cotta and gun-metal gray work for Seneca One Tower . wgrz.com . 31 July 2020.