Rochester Business Journal Leading source of business news and information in Rochester, N.Y.

A new customer-led financing initiative will enable HOVER to enhance its offerings and accelerate hiring — including a planned doubling of the workforce at its Rochester office by the end of the year. The $60 million Series D financing announced ...

A portion of a 73-acre parcel of undeveloped land along Lexington Avenue in the town of Greece will become home to an Amazon “Final Mile” distribution center next summer, bringing an infusion of jobs to Monroe County. Acquest Development, based ...

Rochester Institute of Technology’s MAGIC Spell Studios was recognized as a winner in the 2019 Associated General Contractors’ Jeffrey J. Zogg Build New York Awards. The project was designed by SWBR, with Montour Falls-based Welliver overseeing construction. M/E Engineering of ...

Where Renaissance Square failed to ever materialize beyond anything but the grandiose bluster of politicians and dreamers, the Dutton family promises that meaningful development actually will rise from what for decades has been a haven of dust and deterioration along ...

The buildings had been sitting virtually empty for nearly 50 years, ever since Lisk Manufacturing Co. stopped making tinware and enamelware at the sprawling factory in Canandaigua. But when Don Lasher looked at the 13-acre facility off Gorham Street, his ...

In turning what for decades was the downtown Rochester headquarters of Xerox Corp. into Innovation Square, Gallina Development Corp. may very well be creating a one-of-a-kind hub of learning, living and leisure. The 30-story tower will be transformed into mix ...

Upstate Interiors, LLC, has received a $15,000 grant from Citizens Bank, part of a $1.5 million initiative by the financial institution to provide support to minority owned small businesses in areas it serves. Citizens Bank is awarding the $15,000 grants ...

Further transformation of Rochester’s El Camino neighborhood kicked off on Thursday with the official groundbreaking of Pueblo Nuevo I. Pueblo Nuevo (“new town” in Spanish) is a $25 million redevelopment project spearheaded by Ibero-American Development Corp., the development arm of the ...

Having already turned one aging centerpiece of the downtown Rochester skyline into a chic combination of office, retail and residential space now called The Metropolitan, Gallina Development Corp. is going at it again. Gallina has acquired what was the Xerox ...

The office space owned by Uniland Development Co. that sat smack dab in the busiest part of the town of Perinton had seen better days. Circa 1970s, the buildings were still in the B classification but weren’t necessarily in prime ...

LaBella Associates has enhanced its renewable energy suite of offerings with the acquisition of Solar Ground-N-Pound of Hamlin. Solar Ground-N-Pound focuses on preparing the ground for solar panels and then constructing the mounting and installation of the panels. “Renewable energy has ...

Officials from the Associated General Contractors of America (AGC) say help from Congress is necessary to restore jobs, projects and confidence to an industry that has been greatly impacted by the coronavirus pandemic. Two-thirds of the 68 survey respondents from ...

Redevelopment of residential space in the former Sibley Building by Boston-based WinnCompanies is complete, as Liberty Lofts at Sibley Square were christened on Thursday morning. The 104 units, billed as workforce apartments, are located on floors two through five at ...

Certain COVID-related adjustments that the local real estate market has had to make over the past few months are likely to stick over the long-term, local experts say. “Many of the tools we had traditionally relied on aren’t available now,” ...

Jim Swetman had already been in front of the planning board, had secured the necessary approvals as well as a tax break, and was ready to sign the contract for construction of a new commercial real estate venture in Farmington. ...