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economic development

8 projects approved for Batavia’s Downtown Revitalization Initiative funding (access required)

Eight downtown projects have been approved for funding in the City of Batavia’s $10 million state Downtown Revitalization Initiative win in 2017. The strategic investments in downtown Batavia, the seat of the Genesee County micropolitan area, will help drive new, ...

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Imagine Monroe approves affordable housing project incentives (access required)

Imagine Monroe, formerly the County of Monroe Industrial Development Agency, has approved incentives for an affordable housing project in the City of Rochester. Cedarwood Community Partners LLC plans to purchase and renovate Cedarwood Towers, an affordable housing project offering 206 ...

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Construction on The Eastman Reserve by PathStone begins (access required)

What has been a desolate parking lot at Eastman Business Park will soon become a 17-building development of mixed-income housing as well as commercial space. Groundbreaking for The Eastman Reserve, an undertaking of PathStone, began Wednesday afternoon along the western ...

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City, Pegulas hope interim arena deal leads to long-term management contract (access required)

Seven years after city officials first discussed with Terry and Kim Pegula’s sports empire a management agreement for Rochester’s downtown arena, Pegula Sports and Entertainment (PSE) is finally taking over. PSE will manage Blue Cross Arena at the War Memorial ...

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Rochester area companies dominate 76West clean energy contest (access required)

Five Rochester-area companies are among the 20 finalists in the 76West Clean Energy Competition, vying for $2.5 million in prize money. New York State Energy Research and Development Agency announced the finalists today (Friday, June 29). The five were among ...

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Meeting energy needs is key to economic development says State of the Region panel (access required)

Get a grip on energy supply and transmission and you can put out a much better welcome mat for business development. That was the primary message speakers drove home at the State of the Region breakfast June 19 sponsored by ...

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New restaurant near Geva to open this summer (access required)

When Rochester’s weather is good, it’s glorious. And such was the case when Native Eatery and Bar held a ribbon cutting Tuesday at 3 City Center, the former Frontier building at 180 S. Clinton Ave. One of the restaurant’s features, which ...

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City selects Home Leasing, 138 Monroe Ave projects for old Inner Loop plots (access required)

An LGBTQ-friendly apartment complex and adjoining pharmacy and a 101-unit apartment building that will also feature retail space are one step closer to becoming the next parts of the Inner Loop East Transformation Project. Rochester Mayor Lovely A. Warren announced that ...

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American Packaging operations underway at new Chili site (access required)

Less than a year after breaking ground on a 215,000 square foot expansion in the Town of Chili, American Packaging Corp.’s operations are up and running. American Packaging, a family-owned flexible packaging converter, invested nearly $50 million for Phase One ...

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Pittsford housing project receives Small Rental Development funds (access required)

The conversion of a ranch style property in the Village of Pittsford into apartments for persons with developmental disabilities is one of 21 projects throughout New York to receive initial funding under the state’s Small Rental Development Initiative, or SRDI. ...

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Four Imagine Monroe projects will create 55 jobs (access required)

Nearly 90 jobs will be retained and another 55 full-time equivalent jobs will be created with the approval of four economic development projects by Imagine Monroe. The projects: » DVL 3 LLC intends to construct a 14,642-square-foot medical complex in ...

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Report: UR’s economic impact continues to grow (access required)

The figures describing the University of Rochester can seem staggering. $1.2 billion in annual payroll for 30,800 employees. $3.2 billion total pumped into the economy in the form of that payroll plus the wages of people whose jobs depend on ...

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Senior-focused Cornerstone Pointe Apartments open for business (access required)

Cornerstone Pointe Apartments, a $14.3 million senior living community on Long Pond Road in Greece, officially opened Tuesday morning. The apartment complex has 66 one- and two-bedroom apartments designed for seniors, with 33 units accommodating frail elderly households as an ...

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