Thu December 26, 2013
Progress Reported On "The Tower At Midtown"
The re-development of the former Midtown Tower building has taken a major step forward. That project involves plans to bring housing, retail and other commercial space to the centerpiece of that downtown project.
Rochester Mayor Tom Richards says that the city has now transferred title to the former Midtown Tower building to the partnership made up of Buckingham Properties and Morgan Management.
The $59 million project has now been renamed "The Tower at Midtown, " and it will include 179 residential units, as well as retail shops and offices.
Buckingham CEO Larry Glazer tells WXXI News that work on the massive structure is proceeding along at a good pace.
"We've completed our conceptual plans, we've completed all the architectural plans, we've completed all the engineering plans, we're now taking those plans out and we're getting costs for the actual construction, and we plan to start work in early springtime.”
Glazer hopes that some of the residential units can be occupied as soon as later next year. He says they are also talking to a variety of potential retailers, including restaurants, clothing, and some entertainment including a theater group from West Virginia who may be interested in space in the Tower at Midtown.
It's anticipated the project will create 29 new permanent jobs, retain more than 300 other permanent jobs and also create 200 construction jobs.