<< Back to Current Projects

Project Name

Beechwood Health Care Inc. Bond Refinancing

Address

2235 Millersport Highway
Amherst
New York
14068

Project Details

Beechwood Health Care Center, Inc., a New York not-for-profit corporation is undertaking financing of all or a portion of the costs of (a) the renovation and reconstruction of portions of the existing buildings constituting a 272-bed skilled nursing facility which provides both long term care programs and short term care sub-acute services in approximately 325,000 square feet of space. Beechwood is refunding the original aggregate principal amount of $14,860,000 issued on January 18, 2007 and securing new debt estimated to be $9,895,000 and not to exceed $11,500,000.

Status Details

June 16, 2017 - Public Hearing
July 21, 2017 - Approved by ADC Board of Directors

  • 80%

    Of New Jobs Created In the Region Have Been Created In Amherst Since 1980

  • $18 Million

    Property Taxes Generated Annually By Current and Past AIDA Projects

  • 48,000 Jobs

    New Jobs Created By Over 300 AIDA Projects