Continued demand is prompting Olean Manor Inc. to undertake a nearly $10 million expansion of its “Field of Dreams” senior housing complex in the Cattaraugus County town of Allegany.

The expansion, due to start this fall, will see Olean Manor add 40 more cottage-style residences - a move that will increase the number of senior living cottages on its campus by 364 percent.

Plans call for the 40 cottages to join with 11 existing cottages already on the campus. Field of Dreams also has a 140-bed senior living building as its anchor. The project carries a $9.81 million development price tag.

Field of Dreams is one of the largest senior living complexes in Cattaraugus County.

“What they are doing is a huge investment and a huge commitment,” said Corey Wiktor, County of Cattaraugus Industrial Development Agency executive director. The CCIDA is working on a series of tax breaks to help finance the project. Wiktor said there is a growing need for what he calls “transitional” housing opportunities for senior citizens.

“Projects like this allow people to stay in the county, or, in some cases move back to the county,” Wiktor said. “It touches a lot of economic development factors.”

Field of Dreams is located near Olean and St. Bonaventure University.
The first units should be move-in ready by next summer.

$1,289,000 Condo Sells in Buffalo, New York

The sale of an Elmwood Village condominium represents the 17th Erie County private residence to sell for more than $1 million this year. This is an example of a condo for sale in the complex, not necessarily the condo that sold.

Gallery Credit: MJ Peterson Real Estate 716-668-7000, Joanne Simme Good 716-684-3555

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