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Stern Properties plans to complete renovations at the Village Gate Square this spring.
Roughly 150 jobs were created at the Village Gate Square in 2012 as a result of Stern Properties’ plans to renovate the mixed-use space. The firm projects another 50 new jobs will be created in 2013.
Interior and exterior work is being done there. It includes renovating 20,000 square feet of retail space as well as 50,000 square feet of residential and commercial space. Other improvements include a new exhibit space, courtyard improvements and a sculpture of Rochester’s ArtWalk, called "Needle and Spindle,” by California artist Cliff Garten.
“There simply is no other mixed-use community in Rochester that combines history, art, culture, entertainment and a modern lifestyle, and in the heart of the Neighborhood of the Arts,” said Kathy Capierseho, leasing manager at Stern Properties, in a statement. "The overall renovations will have a significant impact on what we can now offer patrons and residents of Village Gate Square.”
There is a remaining 5,000 square feet of commercial space available for lease in the Village Gate that can be broken down into multiple spaces or left as is. Stern is interested in recruiting a clothing store and a food market, but is not limited to those categories, officials said.
Gary Stern, founder and owner of Stern Properties, developed the property in 1981 in a $10.5 million rehabilitation project, turning it into a mixed-use development. The Village Gate was formerly home to Stecher-Truang Litographic Co., one of the world’s largest lithographic plants.
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