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

Earlier in his career in banking, John McKenna was living the life. Following five years with Citibank in Rochester, he became an investment banker with what’s now known as JP Morgan Chase and worked at the largest bank in the ...

Tagged with: Bank One Citibank Jim Fulmer John McKenna JP Morgan Chase Livingston Associates Scott Ingalls Tompkins Bank of Castile

A grant of nearly a half-million dollars from the Ralph C. Wilson Jr. Foundation has provided the final piece of funding for creation of the Rochester Community Sports Complex at the former soccer stadium on Oak Street. The indoor facility, ...

A theater is opening in Canandaigua, bringing back to life what started as a high school auditorium a century ago. The Sands-Constellation Theater will have its grand opening in two performances this weekend and then be available for rental by ...

Tagged with: Canandaigua Conifer Real Estate Development Fort Hill Apartments Fort Hill Performing Arts Center Sands-Constellation Theatre Sueann Townsend

Rochester-based Riedman Companies will continue its investment in apartment communities in the Southern Tier with construction of a housing complex adjacent to Elmira College. Six67 College Avenue will provide  housing for students attending Lake Erie College of Osteopathic Medicine. The ...

Patrick McParlane has been promoted to president and chief operating officer of John W. Danforth Co., one of the largest mechanical contractors in the Northeast. McParlane, who joined Danforth in 2010, had been executive vice president. He becomes the ninth ...

Rochester Institute of Technology has taken out $346.2 million in bonds through the Dormitory Authority of the State of New York in anticipation of major building and renovation projects on campus. Nearly half the funds will go toward new construction ...

Tagged with: David Munson Dormitory Authority of the State of New York Reuben McDaniel Rochester Institute of Technology

Wegmans Food Markets Inc. will invest $175 million to build a regional distribution operation in suburban Richmond, Va., allowing the Rochester-based grocer to better service stores as it continues to expand in the mid-Atlantic region. Virginia officials lobbied to land ...

City and state leaders along with development partners celebrated on Friday the completion of Stadium Estates Phase II, a $13 million scattered-site housing initiative in Rochester’s JOSANA neighborhood. Stadium Estates Phase II created 46 new affordable homes, with residency based on ...

At least three local farms are receiving more than $100,000 each in grants from the federal government to help bring their operations up to date with renewable energy systems.  The state director for rural development announced this week that New Yorkers ...

Tagged with: agriculture Brightly Farms Kludt Brothers Panek Farms renewable energy US Department of Agriculture USDA Rural Development

Construction is underway on Penfield Square, a $29 million affordable housing community for seniors developed by Home Leasing. The four-story building will feature 114 housing units, including 45 for older adults in need of supportive care that will allow them ...

Thanks to a new joint venture with LeChase Construction Services, Greenlight Networks expects to bring new fiber optic internet service to another 80,000 customers in the Rochester metro area by the end of 2020. Greenlight LeChase LLC will accelerate the ...

SWBR has received the 2019 Stewardship Award from the Landmark Society of Western New York for restoration of Our Lady of Victory Church on Pleasant Street. Built in 1868, the church commissioned the rehabilitation as part of its 150th anniversary celebration. ...

After vowing to remain open during construction of an adjacent hotel, City Grill Restaurant has decided to close after all and launch a renovation. The restaurant posted a notice on its website saying it will close on Thanksgiving and plan to renovate ...

Tagged with: City Grill closings Courtyard by Marriott restaurant

The city of Rochester has created three requests for proposal in Opportunity Zones, hoping developers will consider projects to help enhance neighborhoods while taking advantage of tax breaks. The RFPs are: The Marina Overlook, a 2.8-acre property in the heart ...

In a couple of years, you’ll be able to buy a sweater, eat a meal and maybe even get your knee replaced at The Marketplace Mall. University of Rochester Medical Center and mall owner Wilmorite announced earlier this week plans ...

Tagged with: Mark Ockenden Mark Taubman orthopedics Paul Rubery Paul Wilmot Sarah Mangelsdorf The Marketplace Mall university of rochester University of Rochester Medical Center Wimorite