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Dinolfo: Latest Projects Approved By Imagine Monroe Will Secure 1,500+ More Jobs

Dinolfo: Latest Projects Approved By Imagine Monroe Will Secure 1,500+ More Jobs

Monroe County Executive Cheryl Dinolfo announced that Imagine Monroe approved assistance for several local economic development projects. These projects are anticipated to create and retain over 1,500 full-time equivalent jobs in Monroe County.

“In one of our most productive months ever, Imagine Monroe today advanced six significant economic development projects that will help to secure over 1,500 more jobs for our residents,” said Dinolfo. “I thank these growing employers – including Bausch + Lomb, ITX Corp and more – for their commitment to doing business in Monroe County. Projects like these show how we’ve been able to secure over 20,000 more jobs here since 2016 alone, and prove that Monroe County is open for business now more than ever before.”

August 2019 Approved Projects:

Applicant:
45 Becker Road, LLC
45 Becker Road
West Henrietta, NY 14586

Project Location:
45 Becker Road
West Henrietta, NY 14586

45 Becker Road, LLC, (45 Becker) a real estate holding company, proposes to renovate 40,000 square feet at 45 Becker Road. The tenant Orolia USA, Inc. (Orolia) develops and manufacturers resilient positioning, navigation and timing platforms which result in the modern navigation commonly known as Global Positioning System (GPS). Orolia’s clients include NASA, Raytheon, and Harris. The $4 million project will provide Orolia additional R&D and manufacturing capacity. 45 Becker seeks Sales Tax and Mortgage Recording Tax Exemption as well as the JobsPlus property tax abatement on the $3,328,801 building investment. Orolia seeks Sales Tax Exemption on materials, equipment and furnishings on $675,500 in purchases. The project will impact 90 existing employees and is expected to create an additional 20 jobs over 3 years.

Applicant:
FiveTwentyFive East Broad LLC
75 Thruway Park Drive
West Henrietta, NY 14586

Project Location:
15 Manhattan Square Drive & 47 Savannah Street
Rochester, NY 14607

FiveTwentyFive East Broad LLC, (525), is a real estate holding company, owned by the Konar Family. The company proposes the construction of 4 buildings in City of Rochester’s Neighborhood of Play (NOP). This is Phase 2, the final phase in the redevelopment of the area. One of the buildings will be residential, one retail, with the remaining two a mix of residential, office and retail. The 190 residential units will range from studio to three bedroom apartments with rents ranging from $655 to $2,825 per month with at least 60% of the units considered affordable, at 80% of the Area Median Income. This $42.3 million project supports the NOP project which will include an expansion to The Strong Museum, a parking garage, a family themed hotel, residential and retail/office space. The City of Rochester has requested an 11 year PILOT for this phase. In addition to the PILOT, the applicant is seeking sales tax and mortgage recording tax exemption. Projected job creation is 3.5 jobs.

Applicant:
Rock Environmental Inc.
720 Lexington Avenue
Rochester, New York 14613

Project Location:
720 Lexington Avenue
Rochester, New York 14613

Rock Environmental Inc. (RE) provides a wide range of environmental and industrial services to the private sector, power utilities and public agencies, including emergency response, remediation, demolition, industrial cleaning, asbestos removal and lead abatement. RE is proposing to purchase a commercial grade, truckmounted cleaning system and two cargo vans equipped for technicians at work sites. RE currently employs 26 full time positions and expects to create 2 new full-time positions, over the next year, to meet demand. RE has been approved for the GreatRate program through Monroe County Industrial Development Corporation and is seeking Sales Tax Exemption for purchases of $102,899.

Applicant:
Bausch + Lomb Inc.
1400 N. Goodman St.
Rochester, NY 14609

Project Location:
1400 N. Goodman St.
Rochester, NY 14609

Bausch + Lomb, Inc. (B+L) founded in 1853, is a manufacturer of eye health products. The company proposes an 110,000 sq. ft. building expansion on the N. Goodman St. campus. The $140 million expansion will house a new manufacturing platform for novel silicon hydrogel contact lenses. The new building will be energy efficient and seek LEED Silver certification. B+L seeks sales and mortgage recording tax exemptions as well as the Enhanced JobsPlus property tax abatement. The projected job retention is 1,000 and creation is 100.

Applicant:
Precision Grinding and Manufacturing Corporation
1305 Emerson Street
Rochester, NY 14606

Project Location:
1305 Emerson Street
Rochester, NY 14606

Precision Grinding and Manufacturing Corporation (PGM) is a full service precision manufacturing corporation specializing in precision CNC machining, turning, grinding and assembly. To accommodate growth, PGM is proposing a 12,000 square foot expansion to their existing facility in the City of Rochester. In 2014, PGM built a 20,000 square foot addition to the building and due to equipment additions and employment increases, the company has nearly filled that space. The proposed $1.5 million project will impact 155 full time employees and is projected to create 12 new full time positions over the next three years. The applicant is seeking approval of Sales Tax Exemptions on construction materials and furniture/fixtures related to the project.

Applicant:
ITX Corp.
1169 Pittsford-Victor Road
Pittsford, NY 14534

Project Location:
1 South Clinton Avenue, 9th Floor
Rochester, NY 14604

ITX Corp. (ITX) is a global software product development company in its 22nd year of business. The company works with leading brands both nationally and internationally. ITX employs approximately 105 people in the U.S. and has offices in Monroe County, Syracuse, Cincinnati, Tulsa and Portland. There are currently 61 FTEs working in the Monroe County office. To accommodate their growing business, ITX is proposing an expansion and relocation of their corporate HQ from Pittsford to the City of Rochester. The proposed project includes renovation of 14,000 square feet in the Metropolitan building. The construction will include a conference center in which the company will train its entire U.S. workforce. The proposed $1.1 million project will impact 61 full time employees and is projected to create 50 new full time positions over the next three years. The applicant is seeking approval of sales tax exemptions on construction materials, furniture, fixtures and equipment related to the project