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economic development

Downtown Rochester's Clinton Square building. (Photo provided by Riedman)
Feb 17, 2026

COMIDA backs Clinton Square conversion, Henrietta project

COMIDA approved tax incentives on the $42.6M Clinton Square apartment conversion and a new facility for a Henrietta commercial electrical contractor.

Gov. Kathy Hochul (Photo by Darren McGee/ Office of Gov. Kathy Hochul)
Feb 16, 2026

Hochul asking New Yorkers for ideas to cut red tape, speed approvals

New York launched EXPRESS NY, seeking public input on eliminating outdated regulations, reducing red tape and speeding approvals.

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Feb 10, 2026

URochester’s Laser Lab wins record $111M for fusion, laser research

The University of Rochester’s Laboratory for Laser Energetics will receive a record $111 million in FY26 federal funding, boosting laser fusion research, national security missions and high-tech economic activity in the Rochester region.

rbtl exterior
Feb 9, 2026

RBTL secures $1M in federal funding for next phases of restoration

Rochester Broadway Theatre League secured $1 million in federal funding to advance the next phase of restoration at the West Herr Performing Arts Center.

QED Technologies plans to add 20,000 square feet to its University Avenue facility, establishing a new research and development center and expanding its precision optics fabrication capabilities. (Photo by Andrea Deckert)
Feb 3, 2026

GRE logs $239M in new investment in 2025 as project pipeline accelerates

Greater Rochester Enterprise closed 2025 with 33 company project wins, driving $239 million in capital investment and 887 new jobs.

Multifamily, industrial and warehouse lead early 2026 lending activity across Rochester. (Photo by Depositphotos)
Feb 3, 2026

Rochester CRE lending rebounds in multifamily, industrial

Rochester lenders report strong 2026 momentum in multifamily, industrial, medical and mixed-use, while office stabilizes and interest rates ease.

mega logo
Feb 2, 2026

Local tech leadership powers MegazoneCloud’s Rochester job growth

South Korean cloud services provider MegazoneCloud has opened its U.S. headquarters in Rochester, with plans to hire up to 100 workers by year end.

The Greater Rochester region is home to more than 150 OPIL companies employing roughly 19,000 residents. (file photo)
Jan 23, 2026

GRE, New York Photonics partner to advance Rochester’s OPIL leadership

Greater Rochester Enterprise and New York Photonics formed a strategic alliance to strengthen business growth and global leadership.

Technology firm Iter Opus will open its headquarters in the Power Building downtown on Feb. 1. (Photo provided by Iter Opus)
Jan 21, 2026

Iter Opus to establish headquarters in downtown Rochester

Technology company Iter Opus Corp. will open its headquarters in downtown Rochester’s historic Powers Building on Feb. 1.

The Reju site spans 18.9 acres on Eastman Business Park. (Photo provided by Reju)
Jan 20, 2026

Reju plans $390M circular textile hub in Rochester

French materials regeneration company Reju plans a $390 million textile-to-textile regeneration hub in Rochester.

New York State is providing $20.4 million in funding for six projects that will enhance freight railway infrastructure and viability. (Photo by Depositphotos)
Jan 12, 2026

New York awards $20.4M for Finger Lakes rail projects

New York State is investing $20.4 million in six Finger Lakes rail projects to boost freight efficiency, support manufacturers and preserve rail service.

finger lakes regional economic development council
Dec 31, 2025

Finger Lakes wins $42.6M in state funding for housing, infrastructure and food hub projects

The Finger Lakes region secured $42.6 million through New York’s 2025 Regional Economic Development Council initiative to support housing, infrastructure and food hub projects across nine counties.