COMMUNITY-BASED REAL ESTATE DEVELOPMENT TRAINING
Train East Side residents and building owners in real estate development.
EMPOWERING EAST SIDE RESIDENTS
The Community-Based Real Estate Development Training Program will assist East Side building owners and community members with the know-how to plan for and implement a redevelopment or infill project, fostering entrepreneurial spirit and creativity. This ensures that land and buildings are redeveloped for productive use, driven by the community, and don’t fall further into the hands of absentee landlords and land speculators or sit unused.
The goal is to build a pipeline of citizen developers interested in taking an active role in revitalizing their commercial corridors. The program is being developed in partnership with University at Buffalo’s Real Estate Development program and Local Initiatives Support Corp (LISC) WNY. Funding is also dedicated to building owners for capital improvements to their properties upon completion of training.
WHY IT MATTERS
There is great potential for development on Buffalo’s East Side (1,650 acres of vacant land and 850 vacant commercial addresses). Much of this land is concentrated in and around the commercial corridors. There is also great entrepreneurial spirit on the East Side—from small business owners, to artists, urban farmers, preservationists, budding housing and commercial developers, and not-for-profit leaders. Some of these entrepreneurs have deep roots in the community. Others are young people new to Buffalo, or new immigrants building a life on the East Side. All of them see real estate and community development opportunities on the East Side and are passionate about how their buildings could house new business enterprises.
2021 CBREDT GRADUATE SUCCESS STORIES
STORIES FROM OUR 2020 CLASS OF ASPIRING DEVELOPERS
“This program can open doors for anybody who wants to get into real estate development … it introduced us all to the development process and connected us to key people in the commercial development world.”
Click on a photo to view the graduate’s profile.
“You can’t beat the knowledge you’ll gain from this training program. Plus, the networking and mentorship it provides gives me the confidence and hope I need to keep moving forward with my projects.”
“Out of everything I learned, the thing that stood out most was ME! I can do whatever I put my mind to. What stood out regarding the training was development starts with a VISION, plan, and a team of like-minded people.”
“This training class is a fantastic opportunity to learn the basics of commercial development. I also now feel like I have the resources and connections I need to help me complete my project.”
“My vision is to create more business incubators for nonprofits to share space and provide resources to the community. This class has given me the skills and knowledge to help me realize that vision.”
Nina “Nurah” SidiYahya
“The information that I’ve learned in this class is invaluable. I was so amazed that I hope to sponsor a few students for the next class. There’s nothing like being able to give back.”
LEARN ABOUT THE OTHER EAST SIDE AVENUES PROGRAMS
For more background, view the comprehensive East Side Plan.