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

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. ...

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 ...

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 ...

Tagged with: Anne M. Kress Center for Governmental Research Michael Silva Peter G. Robinson Richard Feldman university of rochester URMC Vincent Esposito

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 ...

The number of craft beverage makers in New York has shot past the 1,000 mark, Gov. Andrew M. Cuomo announced Thursday. The total of beer, wine, spirits and cider makers is now 1,005, with 538 of those businesses opening after ...

Tagged with: breweries cideries craft beverage Cuomo distilleries Hochul wineries

Construction is underway on CreekView Apartments at Woodland Park in Canandaigua, the first phase of a multifamily affordable housing community that will provide homes to 96 families. The first buildings in the $19 million project are scheduled to be completed ...

The New York State Association For Affordable Housing (NYSAFAH) is urging the state Senate to vote against an Assembly-passed bill that would require prevailing wages be paid on any project that receives public funding. The bill, sponsored by Harry Bronson ...

The Village of Newark and the Town of Seneca Falls have been named finalists for the Finger Lakes Region in the third round of New York State’s Downtown Revitalization Initiative, or DRI. The statewide competition is open to vulnerable cities, ...

Tagged with: downtown revitalization initiative DRI flredc newark seneca falls

Two projects are being considered for incentives by the Genesee County Economic Development Center, or GCEDC, that would create 20 jobs and add $7.6 million in capital investment in the area. J. Rental is seeking sales, mortgage and property tax ...

Tagged with: GCEDC genesee county j. rental lancor leroy fod and technology park

Empire State Development is hoping to transform the former Butler Correctional Facility in Wayne County into an entity that will promote economic growth in the region. The ESD issued a request for proposals (RFP) for the purchase and redevelopment of the ...

A West Coast software developer plans to open a location in downtown Rochester next week, creating 30 jobs over the next five years. EmployeeChannel Inc. will open its Software Development Center for Excellence at Rochester Institute of Technology’s Center for ...

Tagged with: CUE empire state development EmployeeChannel RIT

Along the way to obtaining controlling equity interest in Greenlight Networks, Tom Golisano bought out Robert Morgan, Richard Crossed, E. Philip Saunders and other former investors who had filed suit in February to gain majority control of the company. Golisano’s ...

The State of New York is making $100 million available for transportation funding to support and enhance community growth and revitalize downtowns. The funds, made available to the state through the Federal Highway Administration and awarded through the state Department ...

Tagged with: americans with disabilities act clean air act DOT

Imagine Monroe, formerly the County of Monroe Industrial Development Agency, has approved economic development assistance for five companies that are expected to retain nearly 150 jobs and create more than 500. As reported May 3, software company LiveTiles Corp. has ...

Tagged with: imagine monroe

The Strong National Museum of Play has grand plans that, when they reach fruition, will dramatically alter the look of one corner of Rochester’s downtown. Other less grandiose yet august ideas undertaken just a few blocks away from The Strong will ...