This Week
  • Natalie Sinisgalli turned a high-school dream into a studio of her own.

  • The first apartments will be ready next spring at Southpoint Cove in Penfield.

  • Research and development efforts in construction come from collaboration.

  • CEO Dawn Smith worked her way up through the ranks at Pace Electronics of Sodus.

  • Aloi Solutions LLC is focusing on automation and integration to grow.

  • The RBJ 75 supplement presents a list of the 75 largest private-sector employers.

City seeks proposal for building next to Midtown site

Rochester Business Journal
March 11, 2013

A request for proposals has been issued to purchase and rehabilitate a 13-story city-owned building on Elm Street next to the Midtown Plaza site.

The property at 88-94 Elm St. presents a significant redevelopment opportunity in the heart of downtown on the east side of the 8.5-acre site of the former Midtown Plaza, city officials said late Friday afternoon.

“The redevelopment of this property is a critical and timely piece to the repositioning of downtown,” Rochester Mayor Thomas Richards said in a statement.

“With more than $120 million in investment, the momentum of the adjacent Midtown Rising project is essentially reinventing the surrounding real estate market. The redevelopment of 88-94 Elm Street property will build off of, and continue, that momentum.”

The city replaced the roof of the 83,000-square-foot steel and concrete building on 0.14 acres after acquiring it, and asbestos abatement has been completed, officials said.

The city is looking for a developer who will renovate and reuse the structure without exemption from real estate taxes, officials said. The uses should be compatible to and complementary with surrounding development.

Construction and development methods should be environmentally sensitive and sustainable, with a quality design that accentuates the public realm, officials said.

An informational meeting is scheduled for March 28 at 3:30 p.m. in City Council Chambers at City Hall. Property showings are set for April 4 and April 9 at 10 a.m.

Proposals must be submitted by 4:30 p.m. May 20.

(c) 2012 Rochester Business Journal. To obtain permission to reprint this article, call 585-546-8303 or email service@rbj.net.


What You're Saying 

There are no comments yet. Be the first to add yours!

Post Your Own Comment

 
Username:
Password:

Not registered? Sign up now!
 

To Do   Text Size
Post CommentPost A Comment eMail Size1
View CommentsView All Comments PrintPrint Size2
ReprintsReprints Size3
  • E-mailed
  • Commented
  • Viewed
RBJ   Google