BUFFALO, NY - The Keystone Corporation on Main Street could soon be demolished so a brand new $30 million dollar apartment complex can be built on the land.

Buffalo Common Councilman Rasheed Wyatt says the plan by DF Fusion Investments is to construct 300 graduate student housing units.

"It's a smart move, right on the rail line, right on Main Street, if you're in the medical corridor you hop on the train, you're five or seven minutes away from home," said Wyatt.

The site is right next to the Bethune Lofts. The Buffalo Preservation Board approved the project. The city's planning board is expected to vote on the demolition of the buildings on January 3.

Councilman Wyatt says the price tab is high because of the cleanup that will be needed of the land. The developer is looking to get brownfield cleanup status.