Buffalo Information Technologies Innovation and Commercialization Hub

Key Center, downtown Buffalo

About the Hub

The Buffalo Billion investment will include $25 million to build the development center and $30 million for the purchase of various software, computers and servers. The state will purchase and own the equipment, which will be accessible by IBM and other private companies located at the Hub. The center is made possible through a partnership between the Western New York Regional Economic Development Council (WNYREDC), State Data Center, College of Nanoscale Science and Engineering (CNSE) and the University at Buffalo.

Project Status

In March 2014 Governor Cuomo announced that McGuire Development Company will be the lead developer for the Buffalo Information and Technologies Innovation and Commercialization Hub. IBM, the Hub’s first anchor tenant, opened in transitional space in the north tower of the Key Center in May 2015. IBM will begin to move into its permanent space in the south tower of Key Center in mid 2016.

Major Addition to WNY High-Tech Network

In February 2014, Governor Cuomo announced the Buffalo Information Technologies Innovation and Commercialization Hub, a $55 million Buffalo Billion investment that will bring cutting-edge software development jobs to downtown Buffalo.

IBM, the hub’s anchor tenant, is creating 500 new IT jobs in Buffalo and will train future and current industry workers, educate new IT staff through State University of New York (SUNY) partnerships, and develop next generation IT software needed to drive state-of-the-art discoveries in the areas of molecular research, genomics, energy efficiency development and defense