US: Developer Paul Kolkmeyer has acquired the former Oracle Charter School building, also known as the Goodyear House, in Buffalo, NY, for $1.3 million.
Kolkmeyer plans to convert the former school building into the Goodyear Inn and Goodyear Apartments.
The historic 1.3-acre property includes an old mansion, a carriage house and another section. Kolkmeyer hopes to start work by year-end to convert the mansion into a 29-room independent boutique hotel, with 29 market-rate rental apartments in the rear.
The plan has been approved by the Buffalo Planning Board.