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 to 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.