Officials from Midtown Tower LLC Tuesday received a ceremonial big check from Rochester Gas & Electric.
The $500,000 grant will support electric infrastructure improvements made during the $59 million renovation of the 17-floor, 408,904-square-foot Tower at Midtown, 280 E. Broad St. in downtown Rochester.
RG&E’s grant assistance is part of a comprehensive public-private economic development incentive package developed through a collaborative effort with government partners at the local, regional and state level. Tower280 at Midtown, widely recognized as one of the most important development projects in the city of Rochester, will add 79,000 square feet of Class A office space on two floors of the mixed-use building. Residential and retail spaces, along with a spacious atrium, fill out the remainder of the building.
Ken Glazer, managing partner of Buckingham Properties LLC and Morgan Management CEO Bob Morgan were joined by other colleagues and RG&E executives to accept the symbolic award during a morning celebration in the shadow of the tower.
“This grant will help us transform this empty property into an energized live-work-play environment that will become an important step in the true revitalization of downtown,” said Glazer.
“We appreciate RG&E’s help to continue Larry Glazer’s dream to build a better Rochester for future generations to be proud of,” said Morgan.
Mark Lynch, president and CEO of New York State Electric & Gas and RG&E said RG&E’s headquarters were here for more than a century.
“We are strong supporters of the exciting changes underway in downtown Rochester,” Lynch said.
We’re proud to be part of this effort with Buckingham Properties, Morgan Management and our other economic development partners to bring new life to Midtown Tower and help spark another prosperous era for the city of Rochester.”