Buffalo Information Technologies Innovation and Commercialization 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.
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.