The Arcade Building, located at 26-32 N. Main St., Jamestown. P-J photo by Dennis Phillips

The historic Arcade Building in downtown Jamestown might be the future site of an apartment complex.

On Tuesday, the Jamestown Planning Commission discussed the potential renovation project with officials from Home Leasing, a family-owned, for-profit redevelopment company based in Rochester.

Bret Garwood, Home Leasing CEO, and Adam Driscoll, Home Leasing development manager, discussed the potential project to renovate the Arcade Building, located at 26-32 N. Main St., Jamestown, into an apartment complex with 36 units.

Driscoll said Home Leasing has developed housing in 25 communities throughout New York, with additional units in Maryland and Pennsylvania. He said in total the company has created 2,300 residential units since 2006 when the company was founded.

“We’re long-time neighbors. We want to be here 30 to 50 years,” he said. “It’s important to us to be good neighbors. We want to integrate ourselves into the community.”

Garwood said they discovered the Arcade Building while working on the redevelopment project at the site where a building was destroyed by fire in 2017 along Main Street in Falconer.

“We really have a passion for finding historic buildings that are in a situation where they will either be saved or they won’t be able to be saved,” he said.

Driscoll said during preliminary analysis of the building, Home Leasing officials believe the building has great potential. He said the current plans include having 36 units, with 13 studio and 23 one-bedroom apartments.

Garwood said Home Leasing is in the early stages of potentially redeveloping the building and wanted to discuss the preliminary plans with the city Planning Commission before moving forward.

Because the project is in its initial steps, there was no vote by the commission on the project.

In other business, Lutheran discussed a future housing project at its campus along Falconer Street. Tom Holt, Lutheran CEO, and Jason Beckwith, Lutheran CFO, discussed the proposal to build four, 12-bedroom complexes that are known as Green Houses, which is the name of the company that designed the senior living facilities.

Beckwith said Lutheran received a $5.9 million state grant for the project, with an additional $1.5 million from foundations. Lutheran is expected to invest more than $15 million in the estimated $22 million project. He said each house would be 8,000 square feet, with shared space like a kitchen, dining room and living room. He added that with the additional 48 beds in the new proposed facilities, the main facility on the Lutheran campus would be reduced to 100 beds.

Beckwith said the second phase of the project would be to redevelop the additional space in Lutheran’s main facility to enhance dementia services, hospice/palliative care services and to add additional greenspace.

Again, the commission was only being introduced to the project so no vote occurred Tuesday. Holt said Lutheran officials are slated to present the site plan for the project to the commission’s at its November meeting for possible approval.