The former historic Bank of Jamestown building, located on the northeast corner of Second and Main Streets. (google street view)

JAMESTOWN – The Jamestown City Planning Commission will be meeting Tuesday afternoon to review plans for a new development taking place at a former bank building in downtown Jamestown.

The project is taking place at the historic Bank of Jamestown building at 200-206 North Main Street (last used as a Key Bank location).  It involves converting the four stories of the building into a multi-use space that will be known as the Jamestown City Center.

The center will include 10,000 square feet of office space, along with eight apartments, a commercial kitchen, dinner theater, adult cooking classes, clay and paint classes, rental space for banquets, wine tasting lounge, and escape rooms.

Developer Arnold Duke is overseeing the project and his team has said that if all goes according to schedule the apartments could be available for rent by the this fall. The commercial and community service space could also be ready along the same timeline.  Meanwhile the office area – which already has a tenant ready to lease the space – is expected to be completed next year.

The renovation of the four-story, 40,000-square-foot building is expected to cost a total of $3.5 million.  It has already received $1 million through the state Downtown Revitalization Initiative program and $500,000 through the Restore New York Communities Initiative program. The Chautauqua County Industrial Development Agency also approved a $200,000 sales tax exemption for the project in 2017.

Tuesday’s planning commission meeting will involve the commission reviewing the site plans for the new work that will be done for the project along with other details. The planning commission is required to give its authorization for the project before permits can be granted by the city and the final phase of work can begin.

Tuesday’s meeting begins at 3:30 p.m. on the 4th floor of city hall in the mayors conference room and is open to the public.