The new Northwest Bank officially broke ground on Jefferson Avenue in Buffalo’s East Side on Friday.
“We’ve worked on this for a long time and we’re very excited to be a part of this community” Northwest Regional President Rick Hamister said.
The bank is going to signal a complete change for the East Side. Following the bank there will be $50 million in investment going towards infrastructure.
How 3 minority developers broke ground: ‘This is not for the faint of heart’
personal capital. Private money. Networking. Partnering with larger companies. Experience. ¶ All are prerequisites for minority contractors trying to take on major projects. And one more thing: It takes an abundance of patience, because it can take several years foraminority firm to become a player in Buffalo’s construction and development business.
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