Cataract Development Corporation

Cataract Development Corporation APARTMENTS FOR RENT! Cataract Development is a locally owned and operated corporation that provides upscale market rate apartments and commercial units.

Cataract Development Corp. renovates and relets once inhabitable residential and commercial units in downtown Niagara Falls. Cataract Development has teamed up with other locally owned companies to work to restore the Third Street Entertainment District. In helping to meet the demand for upscale market rate apartments in Niagara Falls, students, young professionals, and area employees have begun t

o relocate to the downtown area. This has created a stronger market for local commercial businesses in the Third Street Entertainment District. Cataract Development will continue to provide quality upscale housing, while providing a strong presence in the neighborhood to promote growth and stability.

Looking forward to the opening. This is located in the Clapsaddle building at 435 3rd St.
05/06/2026

Looking forward to the opening. This is located in the Clapsaddle building at 435 3rd St.

Cataract Development Corporation is very happy to welcome into a lease our newest commercial tenant, Niagara Daredevil M...
04/10/2026

Cataract Development Corporation is very happy to welcome into a lease our newest commercial tenant, Niagara Daredevil Museum to our 435 3rd Street location.
Stop in and check it out soon...

A DARING MOVE

Historic daredevil barrel takes trip down Third Street in the Falls

•MARK SCHEER

MARK.SCHEER@NIAGARA-GAZETTE. COM

A 12-foot barrel that carried two people over the Horseshoe Falls in Canada in 1995 made a short trip down Third Street in Niagara Falls on Thursday morning.

The barrel, made from welded water heaters and reinforced by Kevlar and a styrofoam coating, was placed on a flatbed truck and driven down the street so it could be displayed inside the new location of the Niagara Falls Daredevil Museum.

“It’s always stressful when you are moving a 2,000-pound piece of history,” the museum’s owner, Gaelen Baillie, said following the barrel’s successful delivery.

The barrel carried daredevil Steve Trotter and his girlfriend, Lori Martin, over the Falls on June 18, 1995. The couple became the second duo to successfully survive the plunge. It marked the second time Trotter went over the Falls and came out alive. He previously survived the Falls in 1985 when he went over in “The Rig,” a craft made from industrial pickle barrels that was reinforced with fiberglass and balsa wood and surrounded by truck tire inner tubes for added shock absorption.

Baillie, who also owns the local bike and scooter rental company Site See Rentals, acquired the piece years ago from Mike and Mark DiFrancesco, the former owners of the original Niagara Falls Daredevil Museum, which closed in 2013 after several years of successful operation at the corner of Rainbow Boulevard and Third Street.

Last May, Baillie converted 1,200 square feet of space inside a storefront he previously used for his bike rental business at 468 A Third St. into his own daredevil museum. The space showcased Trotter and Martin’s barrel, the jet ski 39-year-old Robert Overacker used in his unsuccessful attempt to tackle the Horseshoe Falls on Oct. 1, 1995, and an extensive collection of photographs, books, paintings and pieces of Falls history.

This year, Baillie moved all of the items in his museum’s collection to a new location just up the street, inside the space formerly occupied by The Gold Bar at 435 Third St.

Trotter and Martin’s barrel was the last piece to go. It also presented the biggest moving challenge.

Employees from American Glass were called in to remove the front window from the museum’s former Third Street location so the barrel could be lifted out onto the street. Two operators from Frontier Towing used a winch to pull it through the window space and load it on a flatbed truck so it could be driven down Third Street to the museum’s new location.

After the move, a relieved Baillie described the morning experience as “nerve-wracking.”

“It’s just getting it here successfully and not breaking any windows as we were moving it and getting out of the one shop and getting into this shop,” he said.

Baillie’s new museum space offers several advantages that the old one didn’t, including a bar. He’s applying for a beer and liquor license and hopes to be able to start serving drinks to museum visitors later this year. The Niagara Falls Daredevil Museum is scheduled to open to the public at its new location on May 1.

“We want to hold events, parties here,” Baillie said. “This will be a lot cooler space where we can have that kind of stuff in the offseason. It has more of an art gallery feel to it for the museum. We are going to have a really cool layout and we also have some new exhibits.”

More items will be on display at the new location and Baillie said he’s planning one exhibit dedicated to the history of organized crime in the Falls and Buffalo during the era of Stefano Magaddino.

He has also added to his museum’s collection numerous items from the old Imperial Garage, a former Third Street bar and blues venue owned by Toby Rotella, the late founder of the Niagara Falls Blues Festival. In its time, the popular bar played host to numerous blues legends, including Muddy Waters, John Lee Ho**er, Junior Wells, Buddy Guy, B.B. King, and Stevie Ray Vaughan.

“We have some really cool photographs from the Imperial Garage that will be permanently displayed behind the bar,” Bailie said.

04/04/2026

435 3rd Street Niagara Falls, NY. Search homes for sale, get school district and neighborhood info for Niagara Falls, NY on dealrealtyonline.com -- Real Estate Search.

Cataract Development Corporation has apartments available for lease. We currently have available immediately a 1 bedroom...
09/16/2024

Cataract Development Corporation has apartments available for lease. We currently have available immediately a 1 bedroom/1 bath unit in the Clapsattle Building located at 437 3rd St. $800 per month.
Across the street at 466 3rd St, we have a new studio available Oct 1st. Also $800 per month.
All rentals require one month deposit and first month rent. DM is here for further info. They will go fast!

Great publicity for our friends and neighbor on Third Street, Craft Kitchen & Bar. Come on down and check out the great ...
05/10/2024

Great publicity for our friends and neighbor on Third Street, Craft Kitchen & Bar. Come on down and check out the great food and drink on Third this summer!

Pizza is a big deal in Western New York and these spots might be ones you are sleeping on.

**Great to see this news today. Welcome to the neighborhood KR Events & Designs across the street from the soon to be op...
10/20/2023

**Great to see this news today. Welcome to the neighborhood KR Events & Designs across the street from the soon to be open Hammer & Crown Brewery located in our 466 3rd St property. Looking forward to more good things in 2024

note: KR Events & Designs LLC is located at
447 Third STREET in Niagara Falls. The caption under the photo is incorrect.

KR Events & Designs LLC will be opening up a new Niagara Falls event space to hold anything from parties to wedding receptions.

The wedding planning team behind KR Events, Keirstan and Keante Rodriguez from the Town of Niagara, will be holding a grand opening at 447 3rd Street at 5 p.m. today.

The Rodriguez’s get a lot of out-of-town clientele who want to get married near Niagara Falls, helping put on about 40 weddings a year. They get asked where nearby they can have a bridal shower, even having times where Keirstan’s friends and family asked her where they can do birthday parties and baby showers.

While other parts of Western New York are saturated with event spaces for rent, Niagara Falls does not have as many options.

“I thought to myself, ‘I wished I had a smaller venue to have a place for my clients,’” Rodriguez said. “My husband and I asked, ‘Why not open our place?’ ”

The two had to transform the entire interior, from repairing walls to adding sinks and water fountains due to city codes. There are also new light fixtures, tables and chairs, coolers and ice machines, preparation tables for food and a photo booth for entertainment purposes.

The site also has a newly created bridal suite for smaller weddings so the bridal party does not have to go offsite. A space across the street will be used for holding inventory.

“What I’m hoping for is to have at least one event every weekend,” Rodriguez said.

The project did receive a $25,000 minority and women business enterprise grant from the NFC Development Corp.

The ceremony, along with the Rodriguez’s, will have Niagara Falls Mayor Robert Restaino, Director of Business Development Thomas Tedesco and TM Montante representatives.

Great evening on Third Street at the concert series. Come on out next Thursday for Strictly Hip.
08/25/2023

Great evening on Third Street at the concert series. Come on out next Thursday for Strictly Hip.

Live music returns to Third Street this Thursday evening. Also, the Bills Monday night opener on Sept 11th will be shown...
08/23/2023

Live music returns to Third Street this Thursday evening. Also, the Bills Monday night opener on Sept 11th will be shown on a large screen outside. Stop down and check it out!

Live music returns to Third Street in the City of Niagara Falls this week as part of a free concert event featuring the international U2 tribute band Desire.

Cataract Development Corporation was proud to sponsor the Cataract Development Yankees playing in the Minors Division of...
05/31/2023

Cataract Development Corporation was proud to sponsor the Cataract Development Yankees playing in the Minors Division of Niagara Falls Little League. It’s great seeing all the children out this year playing in our local baseball leagues.

For the first time in quite awhile, Cataract Development Corporation has apartments available for lease. We currently ha...
05/03/2023

For the first time in quite awhile, Cataract Development Corporation has apartments available for lease. We currently have available immediately a 2 bedroom/1 bath unit in the Clapsattle Building located at 437 3rd St. This unit has a large master bedroom, along with a 2nd floor full porch/patio.
We also have available June 1st a one bedroom unit in the Clapsattle Building.
Across the street at 466 3rd St, we have a brand new studio available June 1st.
All rentals require one month deposit and first month rent. DM is here for further info. They will go fast!

Address

Niagara Falls, NY
14301

Opening Hours

Monday 8am - 5pm
Tuesday 8am - 5pm
Wednesday 8am - 5pm
Thursday 8am - 5pm
Friday 8am - 5pm

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